Military Spending/Defense Budget 1960-2025

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).
  • military spending/defense budget for 2022 was $1,620.15B, a 6.26% increase from 2021.
  • military spending/defense budget for 2021 was $1,524.72B, a 6.7% increase from 2020.
  • military spending/defense budget for 2020 was $1,428.99B, a 4.97% increase from 2019.
  • military spending/defense budget for 2019 was $1,361.36B, a 3.89% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $1,620.15B 2.62%
2021 $1,524.72B 2.52%
2020 $1,428.99B 2.64%
2019 $1,361.36B 2.45%
2018 $1,310.35B 2.38%
2017 $1,241.94B 2.40%
2016 $1,209.75B 2.45%
2015 $1,214.59B 2.51%
2014 $1,311.91B 2.51%
2013 $1,329.04B 2.58%
2012 $1,363.22B 2.68%
2011 $1,384.82B 2.72%
2010 $1,322.97B 2.81%
2009 $1,272.78B 2.85%
2008 $1,241.67B 2.59%
2007 $1,116.45B 2.49%
2006 $1,022.75B 2.52%
2005 $966.84B 2.52%
2004 $907.85B 2.51%
2003 $808.30B 2.50%
2002 $694.76B 2.42%
2001 $632.63B 2.30%
2000 $625.03B 2.27%
1999 $609.38B 2.26%
1998 $600.50B 2.34%
1997 $618.62B 2.40%
1996 $624.73B 2.38%
1995 $633.08B 2.44%
1994 $624.80B 2.70%
1993 $619.82B 2.90%
1992 $638.99B 3.06%
1991 $612.07B 3.14%
1990 $624.41B 3.45%
1989 $575.08B 3.56%
1988 $562.16B 3.63%
1987 $530.13B 3.90%
1986 $471.60B 4.05%
1985 $431.07B 4.46%
1984 $405.05B 4.41%
1983 $386.18B 4.39%
1982 $392.81B 4.61%
1981 $344.31B 4.00%
1980 $312.60B 3.69%
1979 $272.02B 3.59%
1978 $243.41B 3.57%
1977 $220.74B 3.76%
1976 $187.56B 3.66%
1975 $181.57B 3.86%
1974 $167.32B 3.97%
1973 $151.04B 3.97%
1972 $138.66B 4.40%
1971 $127.48B 4.69%
1970 $127.29B 5.25%
1969 $124.96B 5.73%
1968 $122.00B 6.19%
1967 $115.02B 6.37%
1966 $100.68B 5.92%
1965 $86.56B 5.53%
1964 $83.79B 5.83%
1963 $83.33B 6.36%
1962 $81.29B 6.70%
1961 $73.83B 6.58%
1960 $69.80B 6.63%