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 $137.86B, a 13.5% increase from 2021.
- military spending/defense budget for 2021 was $121.46B, a 10.36% increase from 2020.
- military spending/defense budget for 2020 was $110.06B, a 2.36% decline from 2019.
- military spending/defense budget for 2019 was $112.72B, a 6.41% decline from 2018.
| Similar Country Ranking |
| Country Name |
Billions of US $ |
| Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$137.86B |
4.97% |
| 2021 |
$121.46B |
5.10% |
| 2020 |
$110.06B |
5.77% |
| 2019 |
$112.72B |
5.41% |
| 2018 |
$120.45B |
5.90% |
| 2017 |
$119.05B |
6.28% |
| 2016 |
$111.88B |
6.05% |
| 2015 |
$137.95B |
7.39% |
| 2014 |
$155.22B |
6.37% |
| 2013 |
$142.68B |
5.73% |
| 2012 |
$121.98B |
4.97% |
| 2011 |
$107.92B |
4.89% |
| 2010 |
$97.98B |
4.90% |
| 2009 |
$91.50B |
5.13% |
| 2008 |
$86.26B |
4.09% |
| 2007 |
$73.57B |
4.42% |
| 2006 |
$61.28B |
4.32% |
| 2005 |
$54.65B |
4.60% |
| 2004 |
$48.51B |
5.08% |
| 2003 |
$42.62B |
5.47% |
| 2002 |
$40.85B |
5.79% |
| 2001 |
$42.77B |
6.27% |
| 2000 |
$40.74B |
6.28% |
| 1999 |
$36.89B |
6.40% |
| 1998 |
$39.32B |
7.32% |
| 1997 |
$35.48B |
6.51% |
| 1996 |
$26.49B |
6.01% |
| 1995 |
$26.68B |
6.62% |
| 1994 |
$29.41B |
7.39% |
| 1993 |
$29.61B |
7.80% |
| 1992 |
$32.81B |
8.62% |
| 1991 |
$41.04B |
10.75% |
| 1990 |
$36.51B |
0.00% |
| 1989 |
$24.60B |
7.70% |
| 1988 |
$28.87B |
8.06% |
| 1987 |
$29.74B |
8.75% |
| 1986 |
$14.39B |
0.00% |
| 1985 |
$32.98B |
10.49% |
| 1984 |
$36.99B |
11.59% |
| 1983 |
$34.87B |
11.07% |
| 1982 |
$40.38B |
12.10% |
| 1981 |
$39.94B |
9.92% |
| 1980 |
$34.46B |
8.56% |
| 1979 |
$28.04B |
9.67% |
| 1978 |
$23.61B |
10.58% |
| 1977 |
$21.09B |
10.86% |
| 1976 |
$7.66B |
0.00% |
| 1975 |
$6.54B |
0.00% |
| 1974 |
$5.98B |
0.00% |
| 1973 |
$5.15B |
8.02% |
| 1972 |
$3.72B |
7.54% |
| 1971 |
$3.35B |
8.07% |
| 1970 |
$2.98B |
8.27% |
| 1969 |
$2.39B |
8.11% |
| 1968 |
$2.03B |
7.36% |
| 1967 |
$1.68B |
6.00% |
| 1966 |
$1.55B |
5.90% |
| 1965 |
$1.42B |
6.08% |
| 1964 |
$1.23B |
4.79% |
| 1963 |
$0.92B |
3.88% |
| 1962 |
$0.83B |
5.35% |
| 1961 |
$0.00B |
4.72% |
| 1960 |
$0.00B |
0.00% |
