OECD members military spending/defense budget for 2024 was 1.729 trillion US dollars, a 12.54% increase from 2023.
OECD members military spending/defense budget for 2023 was 1.536 trillion US dollars, a 9.51% increase from 2022.
OECD members military spending/defense budget for 2022 was 1.403 trillion US dollars, a 2.53% increase from 2021.
OECD members military spending/defense budget for 2021 was 1.368 trillion US dollars, a 5.99% increase from 2020.
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). The full historical dataset is available for download here: OECD members Military Spending/Defense Budget | Historical Data | 1960 - 2024.