OECD members 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).
  • OECD members military spending/defense budget for 2022 was $1,422.33B, a 3.99% increase from 2021.
  • OECD members military spending/defense budget for 2021 was $1,367.71B, a 5.85% increase from 2020.
  • OECD members military spending/defense budget for 2020 was $1,292.18B, a 5.83% increase from 2019.
  • OECD members military spending/defense budget for 2019 was $1,221.02B, a 4.92% increase from 2018.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $2,207.22B
OECD members $1,422.33B
North America $903.84B
East Asia & Pacific $469.22B
European Union $258.33B
Euro Area $215.46B
South Asia $97.99B
Latin America & Caribbean $57.26B
Sub-Saharan Africa $20.07B
OECD members Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2022 $1,422.33B 2.40%
2021 $1,367.71B 2.35%
2020 $1,292.18B 2.47%
2019 $1,221.02B 2.27%
2018 $1,163.73B 2.19%
2017 $1,094.29B 2.18%
2016 $1,067.06B 2.21%
2015 $1,051.21B 2.23%
2014 $1,118.22B 2.23%
2013 $1,146.02B 2.33%
2012 $1,199.52B 2.47%
2011 $1,243.13B 2.55%
2010 $1,200.63B 2.65%
2009 $1,162.83B 2.70%
2008 $1,131.46B 2.46%
2007 $1,024.80B 2.36%
2006 $946.06B 2.39%
2005 $901.90B 2.40%
2004 $853.28B 2.40%
2003 $761.24B 2.38%
2002 $651.44B 2.28%
2001 $587.50B 2.15%
2000 $585.17B 2.12%
1999 $574.53B 2.13%
1998 $559.98B 2.18%
1997 $567.75B 2.23%
1996 $583.88B 2.26%
1995 $592.67B 2.32%
1994 $583.07B 2.53%
1993 $584.24B 2.72%
1992 $608.95B 2.88%
1991 $574.43B 2.94%
1990 $589.91B 3.26%
1989 $548.34B 3.42%
1988 $537.60B 3.50%
1987 $512.58B 3.75%
1986 $469.30B 3.98%
1985 $409.55B 4.21%
1984 $380.53B 4.11%
1983 $362.53B 4.09%
1982 $363.31B 4.24%
1981 $318.81B 3.66%
1980 $291.49B 3.41%
1979 $255.30B 3.34%
1978 $230.71B 3.35%
1977 $210.04B 3.54%
1976 $189.06B 3.59%
1975 $182.94B 3.79%
1974 $167.36B 3.89%
1973 $149.69B 3.88%
1972 $136.65B 4.31%
1971 $126.05B 4.61%
1970 $126.00B 5.15%
1969 $124.05B 5.61%
1968 $121.26B 6.07%
1967 $114.38B 6.24%
1966 $100.05B 5.80%
1965 $86.08B 5.43%
1964 $83.41B 5.73%
1963 $82.94B 6.25%
1962 $80.88B 6.59%
1961 $73.45B 6.46%
1960 $69.54B 6.52%