Greece GR: Military Expenditure: % of GDP

1960 - 2016 | Yearly | % | World Bank

Greece GR: Military Expenditure: % of GDP data was reported at 2.506 % in 2017. This records a decrease from the previous number of 2.552 % for 2016. Greece GR: Military Expenditure: % of GDP data is updated yearly, averaging 3.592 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 5.919 % in 1977 and a record low of 2.343 % in 2014. Greece GR: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Greece – Table GR.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

View Greece's Greece GR: Military Expenditure: % of GDP from 1960 to 2016 in the chart:

Greece Greece GR: Military Expenditure: % of GDP

What was Greece's Greece GR: Military Expenditure: % of GDP in 2016?

Last Previous Min Max Unit Frequency Range
2.58 2016 2.53 2015 2.33 2014 5.08 1977 % yearly 1960 - 2016

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Greece Key Series

National Accounts Last Frequency Range
Forecast: GDP PPP Per Capita (PPP Intl $) 50,259.887 2029 yearly 1980 - 2029
Forecast: Nominal GDP Per Capita (USD) 25,227.650 2027 yearly 1980 - 2027
Forecast: Real GDP Growth (%) 1.355 2027 yearly 1980 - 2027
GDP Deflator Growth (%) 5.1 Dec 2022 quarterly Mar 1996 - Dec 2022
GDP per Capita (USD) 20,192.496 2021 yearly 1960 - 2021
Gross Fixed Capital Formation (USD mn) 8,668.985 Jun 2024 quarterly Mar 1995 - Jun 2024
Gross National Product (GNP) (USD mn) 236,451.919 2023 yearly 1960 - 2023
Gross Savings Rate (%) 10.9 Jun 2024 quarterly Mar 1995 - Jun 2024
Investment: % of GDP (%) 16.3 Jun 2024 quarterly Mar 1995 - Jun 2024
Nominal GDP (USD mn) 50,731.1 Sep 2022 quarterly Mar 1995 - Sep 2022
Nominal GDP Growth (%) 5.123 Jun 2024 quarterly Mar 1996 - Jun 2024
Private Consumption Expenditure (USD mn) 42,412.387 Jun 2024 quarterly Mar 1995 - Jun 2024
Private Consumption: % of GDP (%) 70.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption Expenditure (USD mn) 11,678.205 Jun 2024 quarterly Mar 1995 - Jun 2024
Public Consumption: % of GDP (%) 19.1 Jun 2024 quarterly Mar 1995 - Jun 2024
Real GDP Growth (%) 5.2 Dec 2022 quarterly Mar 1996 - Dec 2022
Total Trade of Goods & Services: % of Nominal GDP (%) 95.175 Jun 2024 quarterly Mar 1995 - Jun 2024
Production Last Frequency Range
Gold Production (kg) 3,000.000 2022 yearly 2007 - 2022
Industrial Production Index Growth (%) 4.2 Apr 2023 monthly Jan 1991 - Apr 2023
Minerals Production (Metric Ton) 19,172,291.000 2022 yearly 2009 - 2022
Silver Production (Metric Ton) 29.281 2021 yearly 1986 - 2021
Sales, Orders, Inventory & Shipments Last Frequency Range
New Orders Growth (%) -7.5 Dec 2013 monthly Jan 2001 - Dec 2013
Construction and Properties Last Frequency Range
House Prices Growth (%) 9.0 Jun 2024 quarterly Mar 2000 - Jun 2024
Nominal Residential Property Price Index (2010=100) 106.805 Jun 2024 quarterly Mar 2006 - Jun 2024
Nominal Residential Property Price Index Growth (%) 9.200 Jun 2024 quarterly Mar 2007 - Jun 2024
Real Residential Property Price Index (2010=100) 89.938 Jun 2024 quarterly Mar 2006 - Jun 2024
Real Residential Property Price Index Growth (%) 6.460 Jun 2024 quarterly Mar 2007 - Jun 2024
Building Permits (Unit) 2,390.000 Jun 2024 monthly Jan 2007 - Jun 2024
Government and Public Finance Last Frequency Range
Consolidated Fiscal Balance: % of GDP (%) -1.3 Dec 2018 monthly Apr 1999 - Dec 2018
Forecast: Government Expenditure (EUR bn) 126.705 2029 yearly 1980 - 2029
Forecast: Government Net Debt (EUR bn) 386.427 2029 yearly 1980 - 2029
Forecast: Government Revenue (EUR bn) 122.570 2029 yearly 1980 - 2029
Government Debt: % of GDP (%) 159.8 Mar 2024 quarterly Dec 1999 - Mar 2024
National Government Debt (USD mn) 384,102.4 Mar 2024 quarterly Dec 1999 - Mar 2024
Tax Revenue (USD mn) 12,615.389 Mar 2024 quarterly Mar 1999 - Mar 2024
Consolidated Fiscal Balance (USD mn) -2,861.066 Mar 2024 quarterly Mar 1999 - Mar 2024
Tax Revenue: % of GDP (%) 22.4 Mar 2024 quarterly Mar 1999 - Mar 2024

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