World Military Spending/Defense Budget | Historical Data | Chart | 1960-2023

World military spending/defense budget for 2023 was 2.387 trillion US dollars, a 8.52% increase from 2022.
  • World military spending/defense budget for 2022 was 2.199 trillion US dollars, a 6.41% increase from 2021.
  • World military spending/defense budget for 2021 was 2.067 trillion US dollars, a 6.81% increase from 2020.
  • World military spending/defense budget for 2020 was 1.935 trillion US dollars, a 4.2% increase from 2019.
World Military Spending/Defense Budget: Historical data from 1960 to 2023.