Military expenditure in dollars — all countries

Military expenditure in dollars — World

Military expenditure in dollars in the world in 2024 — 2,651,803,473,255 US$. Since 1977, the indicator has risen by 911.7%.

2024 2.65T US$ +11.18% vs 2023
World rank
Period maximum 2.65T US$2024
Period minimum 262B US$1977

Trend over time

1977–2024 · US$

Military expenditure in dollars — World, 1977–202401T2T3T19771982198719921997200220072012201720221977: 262,111,767,461 US$1978: 288,726,507,063 US$1979: 319,150,537,166 US$1980: 366,131,629,142 US$1981: 403,916,303,949 US$1982: 447,923,847,570 US$1983: 441,831,659,715 US$1984: 459,633,291,512 US$1985: 486,462,149,679 US$1986: 531,393,823,450 US$1987: 599,549,972,620 US$1988: 638,083,107,281 US$1989: 657,860,714,247 US$1990: 712,258,397,067 US$1991: 697,243,818,726 US$1992: 728,461,413,519 US$1993: 697,142,541,766 US$1994: 706,868,577,328 US$1995: 724,847,099,864 US$1996: 722,145,501,814 US$1997: 724,246,667,162 US$1998: 706,130,973,681 US$1999: 719,008,341,293 US$2000: 742,379,173,550 US$2001: 754,884,124,605 US$2002: 815,204,862,027 US$2003: 952,056,628,053 US$2004: 1,075,235,828,225 US$2005: 1,164,473,464,700 US$2006: 1,205,554,615,355 US$2007: 1,336,860,451,961 US$2008: 1,509,158,702,677 US$2009: 1,563,562,207,690 US$2010: 1,648,691,601,834 US$2011: 1,749,932,575,819 US$2012: 1,757,744,361,488 US$2013: 1,755,099,900,949 US$2014: 1,754,748,440,622 US$2015: 1,651,953,055,459 US$2016: 1,646,773,006,526 US$2017: 1,715,658,249,462 US$2018: 1,806,049,173,213 US$2019: 1,857,408,531,966 US$2020: 1,934,397,144,921 US$2021: 2,072,780,379,638 US$2022: 2,203,187,107,464 US$2023: 2,385,069,224,451 US$2024: 2,651,803,473,255 US$
Change over the period: +2.39T (+911.71%) Average annual rate: 5.05 %

Comparison, 2024

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

World 2.65T US$
World 2.65T US$
Military expenditure in dollars — World, by year World All countries CSV XLSX
Year US$ Change Change, %
2024 2.65T +267B +11.18%
2023 2.39T +182B +8.26%
2022 2.2T +130B +6.29%
2021 2.07T +138B +7.15%
2020 1.93T +76.99B +4.14%
2019 1.86T +51.36B +2.84%
2018 1.81T +90.39B +5.27%
2017 1.72T +68.89B +4.18%
2016 1.65T −5.18B −0.31%
2015 1.65T −103B −5.86%
2014 1.75T −351M −0.02%
2013 1.76T −2.64B −0.15%
2012 1.76T +7.81B +0.45%
2011 1.75T +101B +6.14%
2010 1.65T +85.13B +5.44%
2009 1.56T +54.4B +3.6%
2008 1.51T +172B +12.89%
2007 1.34T +131B +10.89%
2006 1.21T +41.08B +3.53%
2005 1.16T +89.24B +8.3%
2004 1.08T +123B +12.94%
2003 952B +137B +16.79%
2002 815B +60.32B +7.99%
2001 755B +12.5B +1.68%
2000 742B +23.37B +3.25%
1999 719B +12.88B +1.82%
1998 706B −18.12B −2.5%
1997 724B +2.1B +0.29%
1996 722B −2.7B −0.37%
1995 725B +17.98B +2.54%
1994 707B +9.73B +1.4%
1993 697B −31.32B −4.3%
1992 728B +31.22B +4.48%
1991 697B −15.01B −2.11%
1990 712B +54.4B +8.27%
1989 658B +19.78B +3.1%
1988 638B +38.53B +6.43%
1987 600B +68.16B +12.83%
1986 531B +44.93B +9.24%
1985 486B +26.83B +5.84%
1984 460B +17.8B +4.03%
1983 442B −6.09B −1.36%
1982 448B +44.01B +10.9%
1981 404B +37.78B +10.32%
1980 366B +46.98B +14.72%
1979 319B +30.42B +10.54%
1978 289B +26.61B +10.15%
1977 262B

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.