In 2023, the general government expenditure of the European Union (EU) countries on defence totalled €227 billion, representing 2.7% of total general government expenditure, equivalent to 1.3% of GDP, according to data recently released by Eurostat. Portugal is below the European average.
According to the European statistics office, in the EU, the share of total defence spending decreased from 3% in 1995 to 2.7% in 2023. However, compared to 2021 and 2022, the percentage increased from 2.4% of total expenditure in 2021 to 2.5% in 2022 and 2.7% in 2023.
It should be noted that the ratio of government expenditure on defence to GDP is highest in Latvia (3.1%) and lowest in Ireland (0.2%). Portugal is the fifth country on the list, among the 27 member states, where the percentage is lowest, not reaching 1%.    
In 2023, the highest levels of total defence spending among EU countries were observed in Latvia (3.1% of GDP), Estonia (2.7% of GDP), Lithuania (2.5% of GDP), Greece (2.2% of GDP), Poland (2.1% of GDP), Cyprus and Hungary (both 1.9% of GDP), as well as France, Denmark and Sweden (each with 1.8% of GDP).
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