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).
- military spending/defense budget for 2022 was $490.98B, a 12.09% increase from 2021.
- military spending/defense budget for 2021 was $438.02B, a 9.2% increase from 2020.
- military spending/defense budget for 2020 was $401.12B, a 4.29% increase from 2019.
- military spending/defense budget for 2019 was $384.61B, a 2.1% increase from 2018.
| Similar Country Ranking |
| Country Name |
Billions of US $ |
| Military Spending/Defense Budget - Historical Data |
| Year |
Billions of US $ |
% of GDP |
| 2022 |
$490.98B |
2.04% |
| 2021 |
$438.02B |
1.77% |
| 2020 |
$401.12B |
1.83% |
| 2019 |
$384.61B |
1.69% |
| 2018 |
$376.69B |
1.63% |
| 2017 |
$353.05B |
1.65% |
| 2016 |
$343.62B |
1.70% |
| 2015 |
$338.93B |
1.68% |
| 2014 |
$400.85B |
1.70% |
| 2013 |
$402.71B |
1.73% |
| 2012 |
$393.59B |
1.77% |
| 2011 |
$398.37B |
1.72% |
| 2010 |
$373.51B |
1.77% |
| 2009 |
$376.07B |
1.83% |
| 2008 |
$404.70B |
1.73% |
| 2007 |
$362.33B |
1.70% |
| 2006 |
$314.36B |
1.73% |
| 2005 |
$290.75B |
1.73% |
| 2004 |
$282.29B |
1.79% |
| 2003 |
$247.86B |
1.83% |
| 2002 |
$205.13B |
1.85% |
| 2001 |
$185.16B |
1.83% |
| 2000 |
$186.11B |
1.86% |
| 1999 |
$200.18B |
1.88% |
| 1998 |
$202.93B |
1.90% |
| 1997 |
$210.94B |
2.01% |
| 1996 |
$222.18B |
2.02% |
| 1995 |
$216.81B |
2.04% |
| 1994 |
$202.01B |
2.24% |
| 1993 |
$193.71B |
2.32% |
| 1992 |
$209.41B |
2.42% |
| 1991 |
$0.00B |
2.47% |
| 1990 |
$0.00B |
2.60% |
| 1989 |
$0.00B |
2.67% |
| 1988 |
$0.00B |
2.76% |
| 1987 |
$0.00B |
2.89% |
| 1986 |
$0.00B |
2.92% |
| 1985 |
$0.00B |
3.07% |
| 1984 |
$0.00B |
3.12% |
| 1983 |
$0.00B |
3.17% |
| 1982 |
$0.00B |
3.21% |
| 1981 |
$0.00B |
3.11% |
| 1980 |
$0.00B |
3.03% |
| 1979 |
$0.00B |
3.03% |
| 1978 |
$0.00B |
3.06% |
| 1977 |
$0.00B |
3.11% |
| 1976 |
$0.00B |
3.13% |
| 1975 |
$0.00B |
3.24% |
| 1974 |
$0.00B |
3.12% |
| 1973 |
$0.00B |
3.10% |
| 1972 |
$0.00B |
3.25% |
| 1971 |
$0.00B |
3.22% |
| 1970 |
$0.00B |
3.23% |
| 1969 |
$0.00B |
3.50% |
| 1968 |
$0.00B |
3.77% |
| 1967 |
$0.00B |
3.92% |
| 1966 |
$0.00B |
3.99% |
| 1965 |
$0.00B |
4.07% |
| 1964 |
$0.00B |
4.18% |
| 1963 |
$0.00B |
4.30% |
| 1962 |
$0.00B |
4.49% |
| 1961 |
$0.00B |
4.50% |
| 1960 |
$0.00B |
4.62% |
