World Military Spending/Defense Budget | Historical Data | Chart | 1960-2024

World military spending/defense budget for 2024 was 2.652 trillion US dollars, a 11.18% increase from 2023.
  • World military spending/defense budget for 2023 was 2.385 trillion US dollars, a 8.26% increase from 2022.
  • World military spending/defense budget for 2022 was 2.203 trillion US dollars, a 6.29% increase from 2021.
  • World military spending/defense budget for 2021 was 2.073 trillion US dollars, a 7.15% increase from 2020.
World Military Spending/Defense Budget: Historical data from 1960 to 2024.