Military expenditure in dollars — all countries

Military expenditure in dollars — United States

Military expenditure in dollars in the United States in 2024 — 997,309,000,000 US$. Ranked 1 in the world out of 151. Since 1960, the indicator has risen by 2,006.4%.

2024 997B US$ +8.87% vs 2023
World rank 1of 151
Period maximum 997B US$2024
Period minimum 47.35B US$1960

Trend over time

1960–2024 · US$

Military expenditure in dollars — United States, 1960–20240250B500B750B1T19601967197419811988199520022009201620231960: 47,346,552,670 US$1962: 54,650,942,605 US$1964: 53,432,327,058 US$1966: 66,442,751,527 US$1968: 84,329,031,218 US$1970: 83,407,993,005 US$1972: 80,708,070,966 US$1974: 89,278,920,340 US$1976: 94,715,251,080 US$1978: 113,382,063,749 US$1980: 143,688,354,873 US$1982: 221,673,542,584 US$1984: 245,149,168,289 US$1986: 295,546,223,804 US$1988: 309,661,269,301 US$1990: 325,129,313,986 US$1992: 325,033,735,955 US$1994: 308,084,000,000 US$1996: 287,960,668,679 US$1998: 290,996,055,088 US$2000: 320,086,324,211 US$2002: 378,463,138,754 US$2004: 492,999,376,159 US$2006: 558,335,000,000 US$2008: 656,756,000,000 US$2010: 738,005,000,000 US$2012: 725,205,000,000 US$2014: 647,789,000,000 US$2016: 639,856,443,000 US$2018: 682,491,400,000 US$2020: 778,397,200,000 US$2022: 860,692,200,000 US$2024: 997,309,000,000 US$
Change over the period: +950B (+2,006.4%) Average annual rate: 4.88 %

Comparison, 2024

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

United States 997B US$
World 2.65T US$
North America 1.03T US$
Military expenditure in dollars — United States, by year United States All countries CSV XLSX
Year US$ Change Change, %
2024 997B +81.29B +8.87%
2023 916B +55.32B +6.43%
2022 861B +54.46B +6.76%
2021 806B +27.83B +3.58%
2020 778B +44.05B +6%
2019 734B +51.85B +7.6%
2018 682B +35.74B +5.53%
2017 647B +6.9B +1.08%
2016 640B +6.03B +0.95%
2015 634B −13.96B −2.15%
2014 648B −31.44B −4.63%
2013 679B −45.98B −6.34%
2012 725B −27.08B −3.6%
2011 752B +14.28B +1.94%
2010 738B +32.09B +4.55%
2009 706B +49.16B +7.49%
2008 657B +67.17B +11.39%
2007 590B +31.25B +5.6%
2006 558B +25.13B +4.71%
2005 533B +40.2B +8.15%
2004 493B +52.47B +11.91%
2003 441B +62.07B +16.4%
2002 378B +46.66B +14.06%
2001 332B +11.72B +3.66%
2000 320B +21.99B +7.38%
1999 298B +7.1B +2.44%
1998 291B −2.17B −0.74%
1997 293B +5.21B +1.81%
1996 288B −7.89B −2.67%
1995 296B −12.23B −3.97%
1994 308B −8.64B −2.73%
1993 317B −8.31B −2.56%
1992 325B +25.66B +8.57%
1991 299B −25.76B −7.92%
1990 325B +3.26B +1.01%
1989 322B +12.21B +3.94%
1988 310B +5.57B +1.83%
1987 304B +8.54B +2.89%
1986 296B +23.38B +8.59%
1985 272B +27.01B +11.02%
1984 245B +21.72B +9.72%
1983 223B +1.75B +0.79%
1982 222B +45.11B +25.55%
1981 177B +32.87B +22.88%
1980 144B +16.81B +13.25%
1979 127B +13.5B +11.9%
1978 113B +8.72B +8.33%
1977 105B +9.95B +10.51%
1976 94.72B +2.63B +2.86%
1975 92.08B +2.8B +3.14%
1974 89.28B +7.81B +9.59%
1973 81.47B +762M +0.94%
1972 80.71B +2.47B +3.16%
1971 78.24B −5.17B −6.2%
1970 83.41B −1.58B −1.86%
1969 84.99B +661M +0.78%
1968 84.33B +5.93B +7.56%
1967 78.4B +11.96B +17.99%
1966 66.44B +11.88B +21.78%
1965 54.56B +1.13B +2.11%
1964 53.43B −1.13B −2.07%
1963 54.56B −89.73M −0.16%
1962 54.65B +4.77B +9.57%
1961 49.88B +2.53B +5.35%
1960 47.35B

Northern America, 2024

The same indicator for neighboring countries — with links to their pages

US United States 997B CA Canada 29.35B

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.