Spain
Military Spending Profile
#17
Global Rank
$23.9B
2024 Spending
0.9%
of World Spending
1.4%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
+34.6%
Military spending has increased over the past decade
Peak Spending
$23.9B
in 2024 (constant 2023 USD)