Military Expenditure in Spain, 1960-2022

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Key Takeaways

Spain’s military expenditure reflected its transition from a dictatorship to a democracy and integration into NATO. Spending started at of GDP in 1960, rising to by 1984 during a period of military modernization. A decline followed, coinciding with Spain's democratic consolidation and reduced Cold War tensions.

By the late 1990s, spending stabilized at around , with minor fluctuations over the 21st century. Recent increases to in 2022 reflect Spain's renewed commitment to NATO amid heightened European security concerns.

Gain a broader perspective by reviewing Spain’s urbanization rate, Historical military personnel data in Spain, Spain’s manufacturing share in GDP.

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