Military expenditure in dollars — all countries

Military expenditure in dollars — NATO

Military expenditure in dollars in NATO in 2024 — 1,506,079,989,819 US$. Since 1960, the indicator has risen by 2,109.6%.

2024 1.51T US$ +11.81% vs 2023
World rank
Period maximum 1.51T US$2024
Period minimum 68.16B US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — NATO, 1960–20240500B1T1.5T2T19601967197419811988199520022009201620231960: 68,161,489,687 US$1962: 79,428,984,233 US$1964: 81,436,405,752 US$1966: 97,410,195,988 US$1968: 117,845,585,948 US$1970: 121,432,942,721 US$1972: 130,094,742,946 US$1974: 154,024,194,015 US$1976: 173,286,071,694 US$1978: 208,598,639,459 US$1980: 263,256,859,745 US$1982: 332,826,170,697 US$1984: 347,973,002,624 US$1986: 429,960,033,932 US$1988: 481,672,715,220 US$1990: 529,041,481,487 US$1992: 535,894,785,030 US$1994: 497,394,270,374 US$1996: 490,934,195,944 US$1998: 484,223,426,992 US$2000: 497,741,043,773 US$2002: 569,602,076,330 US$2004: 754,383,639,099 US$2006: 839,161,761,332 US$2008: 1,003,519,605,880 US$2010: 1,054,532,241,244 US$2012: 1,037,179,837,061 US$2014: 960,318,137,116 US$2016: 913,480,170,924 US$2018: 998,879,472,891 US$2020: 1,115,393,835,366 US$2022: 1,228,209,085,938 US$2024: 1,506,079,989,819 US$
Change over the period: +1.44T (+2,109.58%) Average annual rate: 4.96 %

Comparison, 2024

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

NATO 1.51T US$
World 2.65T US$
Military expenditure in dollars — NATO, by year NATO All countries CSV XLSX
Year US$ Change Change, %
2024 1.51T +159B +11.81%
2023 1.35T +119B +9.67%
2022 1.23T +51.04B +4.34%
2021 1.18T +61.77B +5.54%
2020 1.12T +61.36B +5.82%
2019 1.05T +55.16B +5.52%
2018 999B +63.27B +6.76%
2017 936B +22.13B +2.42%
2016 913B +6.2B +0.68%
2015 907B −53.04B −5.52%
2014 960B −29.97B −3.03%
2013 990B −46.89B −4.52%
2012 1.04T −44.02B −4.07%
2011 1.08T +26.67B +2.53%
2010 1.05T +22.53B +2.18%
2009 1.03T +28.48B +2.84%
2008 1T +95.58B +10.53%
2007 908B +68.77B +8.2%
2006 839B +36.57B +4.56%
2005 803B +48.21B +6.39%
2004 754B +83.07B +12.37%
2003 671B +102B +17.86%
2002 570B +63.52B +12.55%
2001 506B +8.34B +1.68%
2000 498B +6.52B +1.33%
1999 491B +6.99B +1.44%
1998 484B +526M +0.11%
1997 484B −7.24B −1.47%
1996 491B −7.05B −1.42%
1995 498B +588M +0.12%
1994 497B −7.7B −1.52%
1993 505B −30.8B −5.75%
1992 536B +31.5B +6.25%
1991 504B −24.65B −4.66%
1990 529B +34.75B +7.03%
1989 494B +12.62B +2.62%
1988 482B +16.82B +3.62%
1987 465B +34.9B +8.12%
1986 430B +51.74B +13.68%
1985 378B +30.25B +8.69%
1984 348B +16.53B +4.99%
1983 331B −1.38B −0.42%
1982 333B +45.52B +15.85%
1981 287B +24.04B +9.13%
1980 263B +32.6B +14.13%
1979 231B +22.06B +10.57%
1978 209B +16.03B +8.33%
1977 193B +19.28B +11.13%
1976 173B +4.61B +2.73%
1975 169B +14.65B +9.51%
1974 154B +15.11B +10.87%
1973 139B +8.82B +6.78%
1972 130B +9.49B +7.87%
1971 121B −824M −0.68%
1970 121B +1.18B +0.98%
1969 120B +2.41B +2.04%
1968 118B +6.67B +6%
1967 111B +13.76B +14.13%
1966 97.41B +13.5B +16.09%
1965 83.91B +2.48B +3.04%
1964 81.44B +227M +0.28%
1963 81.21B +1.78B +2.24%
1962 79.43B +7.36B +10.21%
1961 72.07B +3.91B +5.74%
1960 68.16B

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.