Military expenditure in dollars — all countries

Military expenditure in dollars — G20

Military expenditure in dollars in the G20 in 2024 — 2,145,973,487,004 US$. Since 1960, the indicator has risen by 3,242.9%.

2024 2.15T US$ +10.11% vs 2023
World rank
Period maximum 2.15T US$2024
Period minimum 64.2B US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — G20, 1960–202401T2T3T19601967197419811988199520022009201620231960: 64,195,060,206 US$1962: 74,624,082,476 US$1964: 76,541,273,842 US$1966: 91,898,346,143 US$1968: 110,915,674,806 US$1970: 113,200,576,566 US$1972: 121,197,189,213 US$1974: 144,294,249,025 US$1976: 162,936,376,120 US$1978: 219,488,697,227 US$1980: 292,406,970,227 US$1982: 370,433,979,083 US$1984: 386,245,589,404 US$1986: 447,502,425,074 US$1988: 522,852,420,429 US$1990: 582,474,346,228 US$1992: 592,793,355,452 US$1994: 586,453,536,216 US$1996: 585,763,608,706 US$1998: 570,344,596,266 US$2000: 605,344,882,604 US$2002: 675,874,666,283 US$2004: 880,706,047,571 US$2006: 1,009,586,615,611 US$2008: 1,238,539,488,513 US$2010: 1,378,786,097,980 US$2012: 1,456,379,270,990 US$2014: 1,439,655,053,568 US$2016: 1,381,881,181,342 US$2018: 1,509,373,493,801 US$2020: 1,640,347,090,479 US$2022: 1,826,446,982,637 US$2024: 2,145,973,487,004 US$
Change over the period: +2.08T (+3,242.9%) Average annual rate: 5.64 %

Comparison, 2024

How the value compares with the world and the groups this territory belongs to: G20

G20 2.15T US$
World 2.65T US$
Military expenditure in dollars — G20, by year G20 All countries CSV XLSX
Year US$ Change Change, %
2024 2.15T +197B +10.11%
2023 1.95T +122B +6.71%
2022 1.83T +91.26B +5.26%
2021 1.74T +94.84B +5.78%
2020 1.64T +70.08B +4.46%
2019 1.57T +60.89B +4.03%
2018 1.51T +77.69B +5.43%
2017 1.43T +49.8B +3.6%
2016 1.38T −2.36B −0.17%
2015 1.38T −55.41B −3.85%
2014 1.44T +1.45B +0.1%
2013 1.44T −18.17B −1.25%
2012 1.46T −2.95B −0.2%
2011 1.46T +80.54B +5.84%
2010 1.38T +75.68B +5.81%
2009 1.3T +64.56B +5.21%
2008 1.24T +132B +11.89%
2007 1.11T +97.35B +9.64%
2006 1.01T +57.41B +6.03%
2005 952B +71.47B +8.11%
2004 881B +98.46B +12.59%
2003 782B +106B +15.74%
2002 676B +61.12B +9.94%
2001 615B +9.41B +1.55%
2000 605B +23.09B +3.97%
1999 582B +11.91B +2.09%
1998 570B −15.82B −2.7%
1997 586B +401M +0.07%
1996 586B −7.29B −1.23%
1995 593B +6.6B +1.13%
1994 586B +2.32B +0.4%
1993 584B −8.66B −1.46%
1992 593B +32.76B +5.85%
1991 560B −22.44B −3.85%
1990 582B +34.93B +6.38%
1989 548B +24.69B +4.72%
1988 523B +22.7B +4.54%
1987 500B +52.65B +11.77%
1986 448B +37.53B +9.15%
1985 410B +23.73B +6.14%
1984 386B +19.48B +5.31%
1983 367B −3.67B −0.99%
1982 370B +44.63B +13.7%
1981 326B +33.4B +11.42%
1980 292B +38.43B +15.13%
1979 254B +34.48B +15.71%
1978 219B +27.45B +14.3%
1977 192B +29.1B +17.86%
1976 163B +5.91B +3.76%
1975 157B +12.74B +8.83%
1974 144B +13.62B +10.42%
1973 131B +9.48B +7.82%
1972 121B +9.25B +8.26%
1971 112B −1.25B −1.11%
1970 113B +566M +0.5%
1969 113B +1.72B +1.55%
1968 111B +5.65B +5.37%
1967 105B +13.36B +14.54%
1966 91.9B +12.84B +16.24%
1965 79.06B +2.52B +3.29%
1964 76.54B −71.45M −0.09%
1963 76.61B +1.99B +2.66%
1962 74.62B +7.38B +10.98%
1961 67.24B +3.05B +4.75%
1960 64.2B

About the indicator

Military expenditure in current US dollars under the SIPRI definition. It allows absolute defense budgets to be compared, but not military capability: the purchasing power of the dollar in defense differs widely between countries, so equal budgets buy different amounts of personnel and equipment.

Source: Military Expenditure Database (SIPRI), license SIPRI terms of use.