U.S. Military Spending/Defense Budget 1960-2020

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 2018 was $648.80B, a 7.1% increase from 2017.
  • U.S. military spending/defense budget for 2017 was $605.80B, a 0.95% increase from 2016.
  • U.S. military spending/defense budget for 2016 was $600.11B, a 0.67% increase from 2015.
  • U.S. military spending/defense budget for 2015 was $596.10B, a 2.26% decline from 2014.
Data Source: World Bank

MLA Citation:
Similar Country Ranking
Country Name Billions of US $
United States $648.80B
Saudi Arabia $67.55B
France $63.80B
United Kingdom $50.00B
Germany $49.47B
Japan $46.62B
South Korea $43.07B
Italy $27.81B
Australia $26.71B
Canada $21.62B
Spain $18.25B
Israel $15.95B
Poland $11.60B
Netherlands $11.24B
Singapore $10.84B
Kuwait $7.30B
Norway $7.07B
Oman $6.71B
Sweden $5.76B
Chile $5.57B
Greece $5.23B
Belgium $4.96B
Switzerland $4.80B
Portugal $4.25B
Denmark $4.23B
Argentina $4.14B
Finland $3.85B
Austria $3.37B
Czech Republic $2.71B
New Zealand $2.26B
Hungary $1.64B
Bahrain $1.40B
Slovak Republic $1.28B
Ireland $1.21B
Uruguay $1.17B
Lithuania $1.03B
Croatia $0.89B
Latvia $0.68B
Estonia $0.62B
Slovenia $0.53B
Luxembourg $0.42B
Cyprus $0.38B
Brunei $0.35B
Trinidad and Tobago $0.17B
Malta $0.07B
Seychelles $0.02B
Iceland $0.00B
Panama $0.00B
U.S. Military Spending/Defense Budget - Historical Data
Year Billions of US $ % of GDP
2018 $648.80B 3.16%
2017 $605.80B 3.11%
2016 $600.11B 3.21%
2015 $596.10B 3.27%
2014 $609.91B 3.48%
2013 $639.70B 3.81%
2012 $684.78B 4.23%
2011 $711.34B 4.58%
2010 $698.18B 4.66%
2009 $668.57B 4.63%
2008 $621.13B 4.22%
2007 $556.96B 3.85%
2006 $527.66B 3.82%
2005 $503.35B 3.86%
2004 $464.68B 3.79%
2003 $415.22B 3.61%
2002 $356.72B 3.25%
2001 $312.74B 2.94%
2000 $301.70B 2.93%
1999 $280.97B 2.91%
1998 $274.28B 3.02%
1997 $276.33B 3.21%
1996 $271.42B 3.35%
1995 $278.86B 3.64%
1994 $288.06B 3.94%
1993 $297.64B 4.33%
1992 $305.14B 4.67%
1991 $280.29B 4.57%
1990 $306.17B 5.28%
1989 $304.09B 5.55%
1988 $293.09B 5.75%
1987 $288.16B 6.08%
1986 $281.11B 6.30%
1985 $258.17B 6.12%
1984 $231.46B 5.89%
1983 $213.63B 6.04%
1982 $213.63B 6.57%
1981 $169.89B 5.43%
1980 $138.19B 4.96%
1979 $122.28B 4.77%
1978 $109.25B 4.76%
1977 $100.93B 4.97%
1976 $91.01B 4.99%
1975 $88.40B 5.40%
1974 $85.91B 5.73%
1973 $78.36B 5.67%
1972 $77.64B 6.27%
1971 $74.86B 6.64%
1970 $79.85B 7.69%
1969 $81.44B 8.27%
1968 $80.73B 8.87%
1967 $75.45B 9.06%
1966 $63.57B 8.07%
1965 $51.83B 7.21%
1964 $51.21B 7.72%
1963 $52.30B 8.47%
1962 $52.38B 8.94%
1961 $47.81B 8.78%
1960 $45.38B 8.62%