Military Spending/Defense Budget 1989-2024

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 2021 was $34.49B, a 7.35% increase from 2020.
  • military spending/defense budget for 2020 was $32.13B, a 9.59% increase from 2019.
  • military spending/defense budget for 2019 was $29.32B, a 8.45% increase from 2018.
  • military spending/defense budget for 2018 was $27.04B, a 22.72% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $34.49B 1.89%
2020 $32.13B 1.95%
2019 $29.32B 1.75%
2018 $27.04B 1.64%
2017 $22.03B 1.52%
2016 $19.55B 1.48%
2015 $19.83B 1.53%
2014 $20.80B 1.42%
2013 $19.52B 1.37%
2012 $18.89B 1.39%
2011 $20.41B 1.41%
2010 $19.40B 1.47%
2009 $19.63B 1.52%
2008 $23.39B 1.53%
2007 $20.78B 1.65%
2006 $16.77B 1.69%
2005 $15.49B 1.77%
2004 $13.14B 1.75%
2003 $11.58B 1.86%
2002 $9.81B 1.90%
2001 $8.69B 1.89%
2000 $7.82B 1.86%
1999 $8.32B 1.95%
1998 $9.22B 2.17%
1997 $8.95B 2.33%
1996 $8.91B 2.25%
1995 $8.83B 2.37%
1994 $7.37B 2.28%
1993 $6.40B 2.35%
1992 $4.84B 2.57%
1991 $4.05B 2.74%
1990 $4.92B 3.41%
1989 $6.95B 4.66%