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 2021 was $1,361.86B, a 5.41% increase from 2020.
  • OECD members military spending/defense budget for 2020 was $1,291.95B, a 5.7% increase from 2019.
  • OECD members military spending/defense budget for 2019 was $1,222.32B, a 4.93% increase from 2018.
  • OECD members military spending/defense budget for 2018 was $1,164.93B, a 6.42% increase from 2017.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
World $2,077.10B
OECD members $1,361.86B
North America $827.12B
East Asia & Pacific $483.22B
European Union $257.10B
Euro Area $214.87B
South Asia $95.07B
Latin America & Caribbean $56.26B
Sub-Saharan Africa $20.20B
OECD members Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2021 $1,361.86B 2.37%
2020 $1,291.95B 2.48%
2019 $1,222.32B 2.27%
2018 $1,164.93B 2.18%
2017 $1,094.68B 2.17%
2016 $1,068.14B 2.21%
2015 $1,052.34B 2.23%
2014 $1,119.61B 2.23%
2013 $1,147.66B 2.34%
2012 $1,200.75B 2.48%
2011 $1,244.52B 2.56%
2010 $1,201.99B 2.66%
2009 $1,164.20B 2.71%
2008 $1,132.69B 2.47%
2007 $1,025.98B 2.37%
2006 $947.08B 2.39%
2005 $902.90B 2.41%
2004 $854.25B 2.40%
2003 $762.03B 2.38%
2002 $652.07B 2.29%
2001 $588.23B 2.15%
2000 $585.69B 2.13%
1999 $575.05B 2.13%
1998 $560.55B 2.19%
1997 $568.22B 2.24%
1996 $582.62B 2.26%
1995 $592.24B 2.32%
1994 $583.27B 2.50%
1993 $584.52B 2.70%
1992 $609.27B 2.86%
1991 $574.61B 2.90%
1990 $590.11B 3.24%
1989 $548.55B 3.40%
1988 $537.67B 3.46%
1987 $512.57B 3.72%
1986 $469.53B 3.96%
1985 $409.71B 4.18%
1984 $380.69B 4.08%
1983 $362.69B 4.07%
1982 $363.51B 4.21%
1981 $319.02B 3.62%
1980 $291.70B 3.38%
1979 $255.47B 3.32%
1978 $230.86B 3.33%
1977 $210.18B 3.51%
1976 $189.22B 3.54%
1975 $183.13B 3.74%
1974 $167.60B 3.84%
1973 $149.86B 3.84%
1972 $136.80B 4.31%
1971 $126.18B 4.60%
1970 $126.11B 5.14%
1969 $124.14B 5.85%
1968 $121.35B 6.35%
1967 $114.46B 6.48%
1966 $100.11B 6.02%
1965 $86.14B 5.62%
1964 $83.47B 5.92%
1963 $82.99B 6.45%
1962 $80.93B 6.87%
1961 $73.49B 6.80%
1960 $69.57B 6.83%