World 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).
- World military spending/defense budget for 2022 was $2,207.22B, a 6.68% increase from 2021.
- World military spending/defense budget for 2021 was $2,068.96B, a 6.91% increase from 2020.
- World military spending/defense budget for 2020 was $1,935.15B, a 4.25% increase from 2019.
- World military spending/defense budget for 2019 was $1,856.23B, a 2.84% increase from 2018.
| World Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$2,207.22B |
2.27% |
| 2021 |
$2,068.96B |
2.19% |
| 2020 |
$1,935.15B |
2.34% |
| 2019 |
$1,856.23B |
2.18% |
| 2018 |
$1,804.89B |
2.13% |
| 2017 |
$1,716.95B |
2.16% |
| 2016 |
$1,647.99B |
2.21% |
| 2015 |
$1,649.70B |
2.26% |
| 2014 |
$1,752.73B |
2.25% |
| 2013 |
$1,753.86B |
2.30% |
| 2012 |
$1,756.42B |
2.37% |
| 2011 |
$1,749.00B |
2.41% |
| 2010 |
$1,647.03B |
2.52% |
| 2009 |
$1,562.84B |
2.61% |
| 2008 |
$1,509.23B |
2.38% |
| 2007 |
$1,337.10B |
2.32% |
| 2006 |
$1,205.46B |
2.36% |
| 2005 |
$1,158.91B |
2.39% |
| 2004 |
$1,074.93B |
2.40% |
| 2003 |
$951.87B |
2.40% |
| 2002 |
$815.05B |
2.34% |
| 2001 |
$754.50B |
2.24% |
| 2000 |
$741.88B |
2.20% |
| 1999 |
$719.90B |
2.21% |
| 1998 |
$705.85B |
2.26% |
| 1997 |
$723.98B |
2.31% |
| 1996 |
$723.86B |
2.31% |
| 1995 |
$725.92B |
2.38% |
| 1994 |
$707.26B |
2.58% |
| 1993 |
$698.13B |
2.75% |
| 1992 |
$730.21B |
2.92% |
| 1991 |
$697.76B |
3.00% |
| 1990 |
$712.70B |
3.30% |
| 1989 |
$658.15B |
3.43% |
| 1988 |
$638.50B |
3.55% |
| 1987 |
$599.99B |
3.82% |
| 1986 |
$531.51B |
3.96% |
| 1985 |
$486.55B |
4.28% |
| 1984 |
$459.72B |
4.22% |
| 1983 |
$441.81B |
4.22% |
| 1982 |
$447.85B |
4.41% |
| 1981 |
$403.86B |
3.86% |
| 1980 |
$366.10B |
3.57% |
| 1979 |
$319.09B |
3.54% |
| 1978 |
$288.73B |
3.61% |
| 1977 |
$262.12B |
3.80% |
| 1976 |
$0.00B |
3.71% |
| 1975 |
$0.00B |
3.86% |
| 1974 |
$0.00B |
3.86% |
| 1973 |
$0.00B |
3.83% |
| 1972 |
$0.00B |
4.28% |
| 1971 |
$0.00B |
4.55% |
| 1970 |
$0.00B |
5.04% |
| 1969 |
$0.00B |
5.70% |
| 1968 |
$0.00B |
6.14% |
| 1967 |
$0.00B |
6.23% |
| 1966 |
$0.00B |
5.80% |
| 1965 |
$0.00B |
5.42% |
| 1964 |
$0.00B |
5.67% |
| 1963 |
$0.00B |
6.14% |
| 1962 |
$0.00B |
6.50% |
| 1961 |
$0.00B |
6.38% |
| 1960 |
$0.00B |
6.42% |
