North America 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).
- North America military spending/defense budget for 2022 was $903.84B, a 8.69% increase from 2021.
- North America military spending/defense budget for 2021 was $831.59B, a 3.76% increase from 2020.
- North America military spending/defense budget for 2020 was $801.48B, a 5.91% increase from 2019.
- North America military spending/defense budget for 2019 was $756.74B, a 7.31% increase from 2018.
| North America Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$903.84B |
3.28% |
| 2021 |
$831.59B |
3.29% |
| 2020 |
$801.48B |
3.53% |
| 2019 |
$756.74B |
3.27% |
| 2018 |
$705.22B |
3.17% |
| 2017 |
$669.02B |
3.17% |
| 2016 |
$657.64B |
3.25% |
| 2015 |
$651.77B |
3.30% |
| 2014 |
$665.64B |
3.44% |
| 2013 |
$697.74B |
3.73% |
| 2012 |
$745.66B |
4.12% |
| 2011 |
$773.68B |
4.45% |
| 2010 |
$757.32B |
4.54% |
| 2009 |
$724.85B |
4.57% |
| 2008 |
$676.10B |
4.14% |
| 2007 |
$607.00B |
3.81% |
| 2006 |
$573.14B |
3.79% |
| 2005 |
$546.19B |
3.84% |
| 2004 |
$504.34B |
3.79% |
| 2003 |
$450.49B |
3.63% |
| 2002 |
$386.96B |
3.30% |
| 2001 |
$340.18B |
2.99% |
| 2000 |
$328.39B |
2.98% |
| 1999 |
$306.31B |
2.96% |
| 1998 |
$298.74B |
3.07% |
| 1997 |
$301.11B |
3.25% |
| 1996 |
$296.58B |
3.40% |
| 1995 |
$305.03B |
3.69% |
| 1994 |
$317.66B |
4.03% |
| 1993 |
$326.99B |
4.39% |
| 1992 |
$335.82B |
4.71% |
| 1991 |
$310.71B |
4.61% |
| 1990 |
$336.54B |
5.27% |
| 1989 |
$332.61B |
5.51% |
| 1988 |
$319.56B |
5.71% |
| 1987 |
$312.78B |
6.06% |
| 1986 |
$303.33B |
6.28% |
| 1985 |
$279.62B |
6.11% |
| 1984 |
$252.50B |
5.90% |
| 1983 |
$230.37B |
5.96% |
| 1982 |
$227.69B |
6.40% |
| 1981 |
$181.70B |
5.30% |
| 1980 |
$148.43B |
4.86% |
| 1979 |
$130.96B |
4.68% |
| 1978 |
$117.35B |
4.68% |
| 1977 |
$108.42B |
4.85% |
| 1976 |
$98.30B |
4.85% |
| 1975 |
$95.26B |
5.27% |
| 1974 |
$92.09B |
5.56% |
| 1973 |
$83.83B |
5.55% |
| 1972 |
$82.94B |
6.15% |
| 1971 |
$80.32B |
6.56% |
| 1970 |
$85.30B |
7.59% |
| 1969 |
$86.76B |
8.17% |
| 1968 |
$86.13B |
8.79% |
| 1967 |
$80.17B |
8.94% |
| 1966 |
$68.06B |
8.03% |
| 1965 |
$56.14B |
7.27% |
| 1964 |
$55.09B |
7.74% |
| 1963 |
$56.17B |
8.49% |
| 1962 |
$56.32B |
8.98% |
| 1961 |
$51.56B |
8.81% |
| 1960 |
$49.05B |
8.66% |
