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 $167.86B, a 11.49% increase from 2021.
- military spending/defense budget for 2021 was $150.57B, a 12.56% increase from 2020.
- military spending/defense budget for 2020 was $133.76B, a 2.21% decline from 2019.
- military spending/defense budget for 2019 was $136.78B, a 9.03% decline from 2018.
| Similar Country Ranking |
| Country Name |
Billions of US $ |
| Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$167.86B |
4.63% |
| 2021 |
$150.57B |
4.78% |
| 2020 |
$133.76B |
5.37% |
| 2019 |
$136.78B |
5.04% |
| 2018 |
$150.36B |
5.41% |
| 2017 |
$147.81B |
5.67% |
| 2016 |
$138.71B |
5.53% |
| 2015 |
$162.59B |
6.51% |
| 2014 |
$182.71B |
5.71% |
| 2013 |
$170.81B |
5.18% |
| 2012 |
$152.91B |
4.58% |
| 2011 |
$137.36B |
4.44% |
| 2010 |
$125.47B |
4.62% |
| 2009 |
$113.61B |
4.85% |
| 2008 |
$107.85B |
4.04% |
| 2007 |
$91.91B |
4.30% |
| 2006 |
$77.66B |
4.33% |
| 2005 |
$69.19B |
4.55% |
| 2004 |
$61.16B |
4.86% |
| 2003 |
$54.14B |
5.22% |
| 2002 |
$51.58B |
5.46% |
| 2001 |
$61.24B |
5.84% |
| 2000 |
$56.80B |
5.84% |
| 1999 |
$50.76B |
5.92% |
| 1998 |
$52.64B |
6.70% |
| 1997 |
$48.60B |
6.17% |
| 1996 |
$38.43B |
5.70% |
| 1995 |
$36.99B |
6.25% |
| 1994 |
$38.66B |
6.68% |
| 1993 |
$38.54B |
6.99% |
| 1992 |
$59.66B |
8.67% |
| 1991 |
$66.54B |
11.44% |
| 1990 |
$58.32B |
0.00% |
| 1989 |
$46.43B |
6.78% |
| 1988 |
$54.32B |
7.63% |
| 1987 |
$50.64B |
8.01% |
| 1986 |
$30.20B |
6.17% |
| 1985 |
$47.41B |
9.11% |
| 1984 |
$50.69B |
9.92% |
| 1983 |
$49.37B |
9.86% |
| 1982 |
$54.35B |
11.11% |
| 1981 |
$52.42B |
9.76% |
| 1980 |
$43.14B |
8.05% |
| 1979 |
$36.10B |
8.87% |
| 1978 |
$34.59B |
11.01% |
| 1977 |
$31.64B |
10.91% |
| 1976 |
$18.29B |
0.00% |
| 1975 |
$16.11B |
0.00% |
| 1974 |
$13.20B |
8.12% |
| 1973 |
$8.08B |
6.27% |
| 1972 |
$5.43B |
6.28% |
| 1971 |
$4.90B |
6.93% |
| 1970 |
$4.74B |
7.88% |
| 1969 |
$3.74B |
9.25% |
| 1968 |
$3.09B |
8.33% |
| 1967 |
$2.56B |
7.18% |
| 1966 |
$2.12B |
6.10% |
| 1965 |
$1.87B |
5.90% |
| 1964 |
$1.61B |
5.19% |
| 1963 |
$1.27B |
4.82% |
| 1962 |
$1.13B |
5.41% |
| 1961 |
$0.00B |
5.02% |
| 1960 |
$0.00B |
4.80% |
