The United States led the ranking of the countries with the highest military spending in 2024, with 997 billion U.S. dollars dedicated to the military. That constituted almost 40 percent of the total military spending worldwide that year, which amounted to 2.7 trillion U.S. dollars. This amounted to 3.4 percent of the U.S.'s gross domestic product (GDP), placing the country lower in the ranking of military expenditure as a percentage of GDP, compared to Ukraine, Israel, Algeria, Saudi Arabia, and Russia. China was the second largest military spender, with an estimated 314 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.7 trillion U.S. dollars in 2024. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

In 2023, the United States spent around 916.02 billion U.S. dollars on its military. U.S. military spending has been increasing in current dollar terms since 2016. Spending increased dramatically in 2022 after the Russian invasion of Ukraine. After the first year of the war, the U.S. had contributed more than 40 billion euros worth of military aid to Ukraine. What military spending entails Military spending in the United States is the part of the national outlays of the Department of Defense. While the department has over two trillion dollars in budgetary resources, its outlays - money actually paid out - are significantly lower. This budget is designated for the four branches of the United States military, and is used for everything from salaries, trainings, development of new military technologies, and new aircraft and weaponry. The high cost of U.S. spending The United States is well known for spending more on its military than any other country. In 2023, it was estimated that per capita defense spending amounted to 2,220 U.S. dollars. While this figure is extremely high, many Americans may find it worthwhile, as a majority believe the United States to be the number one military power in the world.

Military expenditure (% of GDP) in United States was reported at 3.3618 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on October of 2025.

United States US: Military Expenditure: % of GDP data was reported at 3.149 % in 2017. This records a decrease from the previous number of 3.222 % for 2016. United States US: Military Expenditure: % of GDP data is updated yearly, averaging 4.864 % from Sep 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.063 % in 1967 and a record low of 2.908 % in 1999. United States US: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Defense and Official Development Assistance. 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

In 2024, Brazil ranked first in the annual value of military spending in Latin America, with an expenditure of over 20.9 billion U.S. dollars. Mexico came in second with almost 16.7 billion U.S. dollars in military expenditure. Brazil is also the second Latin American country with the largest military personnel.

The average for 2022 based on 19 countries was 2.99 billion U.S. dollars. The highest value was in Brazil: 20.21 billion U.S. dollars and the lowest value was in Costa Rica: 0 billion U.S. dollars. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

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Lists the military spending, GDP, and population estimate for the US each year from 1960 to 2020.

Acknowledgements

Banner image source: https://unsplash.com/photos/BQgAYwERXhs

Historical dataset showing North America military spending/defense budget by year from 1960 to 2023.

This graph shows the defense expenditures of the United States per capita from 1995 to 2024. In 2024, it is estimated that around 2,239 U.S. dollars per capita were spent on military causes by the United States. A ranking of countries with the highest military expenditures can be accessed here.

United States US: Military Expenditure: % of Central Government Expenditure data was reported at 8.807 % in 2017. This records a decrease from the previous number of 9.042 % for 2016. United States US: Military Expenditure: % of Central Government Expenditure data is updated yearly, averaging 11.141 % from Sep 2001 (Median) to 2017, with 17 observations. The data reached an all-time high of 11.769 % in 2011 and a record low of 8.807 % in 2017. United States US: Military Expenditure: % of Central Government Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Defense and Official Development Assistance. 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

Military Expenditure in the United States increased to 997309 USD Million in 2024 from 916014.70 USD Million in 2023. United States Military Expenditure - values, historical data, forecasts and news - updated on December of 2025.

This dataset provides values for MILITARY EXPENDITURE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

From the website: https://dataverse.harvard.edu/dataset.xhtml?persistentId=doi:10.7910/DVN/DHMZOW

The world has become much more peaceful, and yet, even after adjusting for inflation, global military spending is now three times greater than at the height of the Cold War. These developments have motivated a renewed interest from both policy makers and scholars about the drivers of military spending and the implications that follow. Existing findings on the relationship between threat and arming and arms races and war hinge on the completeness and accuracy of existing military spending data. Moreover, data on military spending is used to measure important concepts from international relations such as the distribution of power, balancing, the severity of states’ military burdens, and arms races. Everything we know about which states are most powerful, whether nations are balancing, and whether military burdens and arms races are growing more or less severe rests on the accuracy of existing military spending estimates.

Data is plural description: Global military spending. How much money has each country spent, each year, on its military? Different datasets have different answers, cover different timeframes, and use different methodologies. Miriam Barnum et al.’s Global Military Spending Dataset attempts to bring them together. By uniting “76 variables from 9 dataset collection projects,” the authors write, “we provide the most comprehensive and complete set of published datasets on military spending ever assembled.” Each of the variables represents one source/methodology, and each observation is a country-year. “Disagreement on the actual expenditure value for a given country-year is common, even between datasets produced by the same project,” they find. Previously: The Stockholm International Peace Research Institute’s Military Expenditure Database (DIP 2017.03.29), one of the sources.

United States US: Military Expenditure data was reported at 609.758 USD bn in 2017. This records an increase from the previous number of 600.106 USD bn for 2016. United States US: Military Expenditure data is updated yearly, averaging 277.591 USD bn from Sep 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 711.338 USD bn in 2011 and a record low of 45.380 USD bn in 1960. United States US: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Defense and Official Development Assistance. 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). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; ; Data for some countries are based on partial or uncertain data or rough estimates. For additional details please refer to the military expenditure database on the SIPRI website: https://sipri.org/databases/milex

Forecast: Military Expenditure in the US 2023 - 2027 Discover more data with ReportLinker!

Historical dataset showing American Samoa military spending/defense budget by year from N/A to N/A.

In 2024, the military expenditure of Colombia accounted for approximately 3.36 percent of the country's gross domestic product (GDP), the highest share in Latin America and the Caribbean. Ecuador is also one of the countries in the region with the highest military budget in relation to its GDP, having spent an estimated sum comparable to 2.2 percent of its GDP on military expenditures.

View yearly updates and historical trends for US Government Defense Spending. from United States. Source: Office of Management and Budget. Track economic …

Graph and download economic data for Government current expenditures: Federal: National defense (G160461A027NBEA) from 1959 to 2023 about defense, expenditures, federal, government, GDP, and USA.

The average for 2022 based on 11 countries was 1.37 percent. The highest value was in Colombia: 3.08 percent and the lowest value was in Argentina: 0.41 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.