Portugal - Military Expenditure
Since 2014, Portugal Military Expenditure jumped by 1.9% year on year. With $4,512,987,012.99 in 2019, the country was number 42 among other countries in Military Expenditure. Portugal is overtaken by Denmark, which was number 41 at $4,556,755,135.7 and is followed by Bangladesh with $4,358,147,797.25. United States ranked the highest with $731,751,400,000 in 2019, that is a growth of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria witnessed the best average annual growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 4,512,987,012.99 |
| 2018 | 4,420,169,257.46 |
| 2017 | 3,675,687,230.46 |
| 2016 | 4,133,066,817.17 |
| 2015 | 3,565,420,871.69 |
Download all data from 1960 to 2019
How does Portugal rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 41 |
#41
Denmark
|
4,556,755,135.70 | 2019 | -0.0 % | +2.4 % | View data | |
| 42 |
#42
Portugal
|
4,512,987,012.99 | 2019 | +2.1 % | +1.9 % | View data | |
| 43 |
#43
Bangladesh
|
4,358,147,797.25 | 2019 | +18.0 % | +13.1 % | View data | |