U.S. 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).
- U.S. military spending/defense budget for 2022 was $876.94B, a 8.77% increase from 2021.
- U.S. military spending/defense budget for 2021 was $806.23B, a 3.58% increase from 2020.
- U.S. military spending/defense budget for 2020 was $778.40B, a 6% increase from 2019.
- U.S. military spending/defense budget for 2019 was $734.34B, a 7.6% increase from 2018.
| U.S. Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$876.94B |
3.45% |
| 2021 |
$806.23B |
3.46% |
| 2020 |
$778.40B |
3.70% |
| 2019 |
$734.34B |
3.43% |
| 2018 |
$682.49B |
3.32% |
| 2017 |
$646.75B |
3.32% |
| 2016 |
$639.86B |
3.42% |
| 2015 |
$633.83B |
3.48% |
| 2014 |
$647.79B |
3.69% |
| 2013 |
$679.23B |
4.03% |
| 2012 |
$725.21B |
4.46% |
| 2011 |
$752.29B |
4.82% |
| 2010 |
$738.01B |
4.90% |
| 2009 |
$705.92B |
4.88% |
| 2008 |
$656.76B |
4.45% |
| 2007 |
$589.59B |
4.07% |
| 2006 |
$558.34B |
4.04% |
| 2005 |
$533.20B |
4.09% |
| 2004 |
$493.00B |
4.02% |
| 2003 |
$440.53B |
3.83% |
| 2002 |
$378.46B |
3.45% |
| 2001 |
$331.81B |
3.12% |
| 2000 |
$320.09B |
3.11% |
| 1999 |
$298.09B |
3.09% |
| 1998 |
$291.00B |
3.20% |
| 1997 |
$293.17B |
3.41% |
| 1996 |
$287.96B |
3.56% |
| 1995 |
$295.85B |
3.86% |
| 1994 |
$308.08B |
4.22% |
| 1993 |
$316.72B |
4.60% |
| 1992 |
$325.03B |
4.97% |
| 1991 |
$299.37B |
4.88% |
| 1990 |
$325.13B |
5.61% |
| 1989 |
$321.87B |
5.87% |
| 1988 |
$309.66B |
6.07% |
| 1987 |
$304.09B |
6.42% |
| 1986 |
$295.55B |
6.63% |
| 1985 |
$272.16B |
6.45% |
| 1984 |
$245.15B |
6.24% |
| 1983 |
$223.43B |
6.32% |
| 1982 |
$221.67B |
6.81% |
| 1981 |
$176.56B |
5.65% |
| 1980 |
$143.69B |
5.15% |
| 1979 |
$126.88B |
4.95% |
| 1978 |
$113.38B |
4.94% |
| 1977 |
$104.67B |
5.16% |
| 1976 |
$94.72B |
5.19% |
| 1975 |
$92.08B |
5.62% |
| 1974 |
$89.28B |
5.95% |
| 1973 |
$81.47B |
5.89% |
| 1972 |
$80.71B |
6.52% |
| 1971 |
$78.24B |
6.94% |
| 1970 |
$83.41B |
8.03% |
| 1969 |
$84.99B |
8.63% |
| 1968 |
$84.33B |
9.27% |
| 1967 |
$78.40B |
9.42% |
| 1966 |
$66.44B |
8.44% |
| 1965 |
$54.56B |
7.59% |
| 1964 |
$53.43B |
8.05% |
| 1963 |
$54.56B |
8.83% |
| 1962 |
$54.65B |
9.33% |
| 1961 |
$49.88B |
9.16% |
| 1960 |
$47.35B |
8.99% |
