Military Spending (USD)

Europe Ranking

billion USDSource: IMF

Current Rank	Country	Value	Latest Reading	Previous Rank	Previous Value

1	United Kingdom	59.24	2020	1	56.86
2 ↑	Germany	52.76	2020	3	49.01
3 ↓	France	52.75	2020	2	50.12
4	Italy	28.92	2020	4	26.38
5	Spain	17.43	2020	5	17.19
6 ↑	Poland	13.03	2020	7	11.79
7 ↓	Netherlands	12.58	2020	6	12
8	Norway	7.11	2020	8	7.52
9	Sweden	6.45	2020	9	5.84
10 ↑	Ukraine	5.92	2020	11	5.42
11 ↑	Romania	5.73	2020	14	4.61
12	Switzerland	5.7	2020	12	5.11
13	Belgium	5.46	2020	13	4.76
14 ↓	Greece	5.3	2020	10	5.47
15	Denmark	4.95	2020	15	4.56
16	Portugal	4.64	2020	16	4.28
17	Finland	4.09	2020	17	3.63
18	Austria	3.6	2020	18	3.24
19	Czech Republic	3.25	2020	19	2.91
20 ↑	Hungary	2.41	2020	21	2.05
21 ↑	Slovakia	1.84	2020	22	1.8
22 ↓	Bulgaria	1.25	2020	20	2.16
23 ↑	Lithuania	1.17	2020	26	1.09
24 ↑	Ireland	1.14	2020	25	1.11
25 ↓	Serbia	1.12	2020	24	1.14
26 ↑	Croatia	1.03	2020	27	1
27 ↓	Angola	0.99	2020	23	1.47
28	Belarus	0.84	2020	28	0.77
29	Latvia	0.76	2020	29	0.69
30 ↑	Estonia	0.7	2020	31	0.64
31 ↓	Armenia	0.63	2020	30	0.65
32	Slovenia	0.57	2020	32	0.57
33	Luxembourg	0.49	2020	33	0.43
34	Cyprus	0.42	2020	34	0.4
35	Georgia	0.29	2020	35	0.31
36	Albania	0.22	2020	36	0.2
37	Bosnia and Herzegovina	0.17	2020	37	0.17
38	Macedonia	0.16	2020	38	0.15
39	Montenegro	0.1	2020	39	0.08
40 ↓	Malta	0.08	2020	39	0.08
41	Moldova	0.04	2020	41	0.04
42	Iceland	0	2020	42	0

Definition of Military Spending (USD)

Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.