Military Spending/Defense Budget 1960-2024
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 $1,532.44B, a 5.14% increase from 2021.
- military spending/defense budget for 2021 was $1,457.53B, a 6.69% increase from 2020.
- military spending/defense budget for 2020 was $1,366.16B, a 5.58% increase from 2019.
- military spending/defense budget for 2019 was $1,294.00B, a 3.7% increase from 2018.
| Similar Country Ranking |
| Country Name |
Billions of US $ |
| Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$1,532.44B |
2.56% |
| 2021 |
$1,457.53B |
2.48% |
| 2020 |
$1,366.16B |
2.59% |
| 2019 |
$1,294.00B |
2.40% |
| 2018 |
$1,247.78B |
2.34% |
| 2017 |
$1,174.31B |
2.34% |
| 2016 |
$1,139.84B |
2.37% |
| 2015 |
$1,147.54B |
2.45% |
| 2014 |
$1,226.47B |
2.44% |
| 2013 |
$1,239.88B |
2.52% |
| 2012 |
$1,281.03B |
2.63% |
| 2011 |
$1,313.83B |
2.70% |
| 2010 |
$1,263.42B |
2.79% |
| 2009 |
$1,220.34B |
2.82% |
| 2008 |
$1,184.32B |
2.57% |
| 2007 |
$1,071.93B |
2.48% |
| 2006 |
$987.51B |
2.50% |
| 2005 |
$938.84B |
2.51% |
| 2004 |
$886.27B |
2.50% |
| 2003 |
$790.76B |
2.48% |
| 2002 |
$680.36B |
2.40% |
| 2001 |
$620.54B |
2.29% |
| 2000 |
$615.45B |
2.26% |
| 1999 |
$602.55B |
2.25% |
| 1998 |
$592.22B |
2.33% |
| 1997 |
$600.80B |
2.37% |
| 1996 |
$608.69B |
2.36% |
| 1995 |
$620.03B |
2.42% |
| 1994 |
$611.01B |
2.63% |
| 1993 |
$611.77B |
2.84% |
| 1992 |
$638.73B |
3.00% |
| 1991 |
$611.84B |
3.10% |
| 1990 |
$623.61B |
3.42% |
| 1989 |
$573.01B |
3.53% |
| 1988 |
$562.16B |
3.59% |
| 1987 |
$530.13B |
3.86% |
| 1986 |
$471.60B |
4.02% |
| 1985 |
$431.07B |
4.43% |
| 1984 |
$405.05B |
4.37% |
| 1983 |
$386.18B |
4.35% |
| 1982 |
$392.81B |
4.57% |
| 1981 |
$344.31B |
3.95% |
| 1980 |
$312.60B |
3.65% |
| 1979 |
$272.02B |
3.57% |
| 1978 |
$243.41B |
3.55% |
| 1977 |
$220.74B |
3.72% |
| 1976 |
$187.56B |
3.60% |
| 1975 |
$181.57B |
3.79% |
| 1974 |
$167.32B |
3.90% |
| 1973 |
$151.04B |
3.92% |
| 1972 |
$138.66B |
4.38% |
| 1971 |
$127.48B |
4.67% |
| 1970 |
$127.29B |
5.23% |
| 1969 |
$124.96B |
5.99% |
| 1968 |
$122.00B |
6.49% |
| 1967 |
$115.02B |
6.61% |
| 1966 |
$100.68B |
6.14% |
| 1965 |
$86.56B |
5.73% |
| 1964 |
$83.79B |
6.04% |
| 1963 |
$83.33B |
6.57% |
| 1962 |
$81.29B |
6.99% |
| 1961 |
$73.83B |
6.93% |
| 1960 |
$69.80B |
6.96% |
