U.S. 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).
- U.S. military spending/defense budget for 2022 was $876.94B, a 8.77% increase from 2021.
- U.S. military spending/defense budget for 2021 was $806.23B, a 3.58% increase from 2020.
- U.S. military spending/defense budget for 2020 was $778.40B, a 6% increase from 2019.
- U.S. military spending/defense budget for 2019 was $734.34B, a 7.6% increase from 2018.
| U.S. Military Spending/Defense Budget - Historical Data | ||
|---|---|---|
| Year | Billions of US $ | % of GDP |
| 2022 | $876.94B | 3.45% |
| 2021 | $806.23B | 3.46% |
| 2020 | $778.40B | 3.70% |
| 2019 | $734.34B | 3.43% |
| 2018 | $682.49B | 3.32% |
| 2017 | $646.75B | 3.32% |
| 2016 | $639.86B | 3.42% |
| 2015 | $633.83B | 3.48% |
| 2014 | $647.79B | 3.69% |
| 2013 | $679.23B | 4.03% |
| 2012 | $725.21B | 4.46% |
| 2011 | $752.29B | 4.82% |
| 2010 | $738.01B | 4.90% |
| 2009 | $705.92B | 4.88% |
| 2008 | $656.76B | 4.45% |
| 2007 | $589.59B | 4.07% |
| 2006 | $558.34B | 4.04% |
| 2005 | $533.20B | 4.09% |
| 2004 | $493.00B | 4.02% |
| 2003 | $440.53B | 3.83% |
| 2002 | $378.46B | 3.45% |
| 2001 | $331.81B | 3.12% |
| 2000 | $320.09B | 3.11% |
| 1999 | $298.09B | 3.09% |
| 1998 | $291.00B | 3.20% |
| 1997 | $293.17B | 3.41% |
| 1996 | $287.96B | 3.56% |
| 1995 | $295.85B | 3.86% |
| 1994 | $308.08B | 4.22% |
| 1993 | $316.72B | 4.60% |
| 1992 | $325.03B | 4.97% |
| 1991 | $299.37B | 4.88% |
| 1990 | $325.13B | 5.61% |
| 1989 | $321.87B | 5.87% |
| 1988 | $309.66B | 6.07% |
| 1987 | $304.09B | 6.42% |
| 1986 | $295.55B | 6.63% |
| 1985 | $272.16B | 6.45% |
| 1984 | $245.15B | 6.24% |
| 1983 | $223.43B | 6.32% |
| 1982 | $221.67B | 6.81% |
| 1981 | $176.56B | 5.65% |
| 1980 | $143.69B | 5.15% |
| 1979 | $126.88B | 4.95% |
| 1978 | $113.38B | 4.94% |
| 1977 | $104.67B | 5.16% |
| 1976 | $94.72B | 5.19% |
| 1975 | $92.08B | 5.62% |
| 1974 | $89.28B | 5.95% |
| 1973 | $81.47B | 5.89% |
| 1972 | $80.71B | 6.52% |
| 1971 | $78.24B | 6.94% |
| 1970 | $83.41B | 8.03% |
| 1969 | $84.99B | 8.63% |
| 1968 | $84.33B | 9.27% |
| 1967 | $78.40B | 9.42% |
| 1966 | $66.44B | 8.44% |
| 1965 | $54.56B | 7.59% |
| 1964 | $53.43B | 8.05% |
| 1963 | $54.56B | 8.83% |
| 1962 | $54.65B | 9.33% |
| 1961 | $49.88B | 9.16% |
| 1960 | $47.35B | 8.99% |