This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited.

European Union military spending/defense budget for 2022 was $258.33B, a 0.72% decline from 2021. European Union military spending/defense budget for 2021 was $260.19B, a 9.94% increase from 2020. European Union military spending/defense budget for 2020 was $236.67B, a 9.06% increase from 2019.

To improve defence capabilities, Europe has to increase defence spending immediately and also to create fiscal space for a permanent rise in defence spending. In this report, we show that both public debt and the tax burden are at a high level in most European countries.

Dec 4, 2024 · The European Defence Agency (EDA) has today published its annual Defence Data report for 2023, detailing defence spending from all 27 EU Member States. At a record €279 billion [1], 2023 European defence spending increased by 10% on the previous year, marking the ninth year of consecutive growth.

Military expenditure (current USD) - European Union Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. License : Use and distribution of these data are subject to Stockholm International Peace Research Institute (SIPRI) terms and conditions.

Jan 28, 2025 · Between 2021 and 2024, EU member states’ total defence expenditure rose by more than 30%. In 2024, it reached an estimated €326 billion, about 1.9% of EU GDP. Expenditure is expected to rise by more than another €100 billion in real terms by 2027.

Jan 4, 2024 · To improve defence capabilities, Europe has to increase defence spending immediately and also to create fiscal space for a permanent rise in defence spending. In this report, we show that both public debt and the tax burden are at …

Nov 30, 2023 · At a record €240 billion, 2022 European defence spending again increased by 6% on the previous year, marking the eighth year of consecutive growth. 20 of the 27 EU Member States increased defence expenditure, with six increasing spending by over 10%.

Compared with 2021, the level of defence expenditure in the EU remained stable expressed as a percentage of GDP and as a share of total expenditure. However, in 2022, in absolute terms, EU defence expenditure increased to €204 billion, up from €184 billion in 2021.

As of 2022, the European Union member states spent almost 240 billion Euros collectively on military defense. This includes money spent on procuring weapons, paying salaries, and other...