100+ datasets found
  1. T

    United States - Military Expenditure (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 29, 2017
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    TRADING ECONOMICS (2017). United States - Military Expenditure (% Of GDP) [Dataset]. https://tradingeconomics.com/united-states/military-expenditure-percent-of-gdp-wb-data.html
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    csv, excel, json, xmlAvailable download formats
    Dataset updated
    May 29, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    United States
    Description

    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.

  2. Military expenditure as share of GDP 2024, by country

    • statista.com
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    Statista, Military expenditure as share of GDP 2024, by country [Dataset]. https://www.statista.com/statistics/266892/military-expenditure-as-percentage-of-gdp-in-highest-spending-countries/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2024, reaching 35 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Israel, that is fighting Hamas in the Gaza war, and Algeria followed behind.Leading military spending countriesIn gross terms, the countries with the highest military spending are the United States, China, and Russia. However, these are countries with large populations and GDPs, and smaller countries usually cannot compete alone, regardless of how much they invest. For this reason, they form alliances such as the North Atlantic Treaty Organization (NATO). NATO countries aim to pool two percent of their GDP towards their own militaries and to aid each other in case of war. Regional differencesThe past decade has seen an increase in global military spending. This has not been distributed evenly. That period saw large positive changes in military spending from several Asian countries, including a large increase from China. While this does not reflect the number of active conflicts, it reflects growing tensions in global affairs.

  3. U

    United States US: Military Expenditure: % of GDP

    • ceicdata.com
    Updated Feb 1, 2001
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    CEICdata.com (2001). United States US: Military Expenditure: % of GDP [Dataset]. https://www.ceicdata.com/en/united-states/defense-and-official-development-assistance/us-military-expenditure--of-gdp
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    Dataset updated
    Feb 1, 2001
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Sep 1, 2005 - Sep 1, 2016
    Area covered
    United States
    Variables measured
    Operating Statement
    Description

    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.

  4. Ratio of military expenditure to GDP in the United States 1960-2023

    • statista.com
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    Statista, Ratio of military expenditure to GDP in the United States 1960-2023 [Dataset]. https://www.statista.com/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    United States
    Description

    In 2023, the ratio of military expenditure to gross domestic product (GDP) in the United States was 3.36 percent. Between 1960 and 2023, the figure dropped by 5.63 percentage points, though the decline followed an uneven course rather than a steady trajectory.

  5. Ratio of military expenditure to gross domestic product (GDP) in Ukraine...

    • statista.com
    Updated May 16, 2025
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    Statista (2025). Ratio of military expenditure to gross domestic product (GDP) in Ukraine 2000-2024 [Dataset]. https://www.statista.com/statistics/810835/ratio-of-military-expenditure-to-gross-domestic-product-gdp-ukraine/
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    Dataset updated
    May 16, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Ukraine
    Description

    In 2024, the ratio of military expenditure to gross domestic product (GDP) in Ukraine decreased by roughly 2.15 percentage points, having reached the highest figure over the past two decades. The figure was estimated at 34.48 percent in the latest period observed. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Moldova and Belarus.

  6. G

    Military spending, percent of GDP by country, around the world |...

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jan 7, 2015
    + more versions
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    Globalen LLC (2015). Military spending, percent of GDP by country, around the world | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/mil_spend_gdp/
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    csv, xml, excelAvailable download formats
    Dataset updated
    Jan 7, 2015
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2022
    Area covered
    World
    Description

    The average for 2022 based on 145 countries was 1.98 percent. The highest value was in Ukraine: 33.55 percent and the lowest value was in Haiti: 0.07 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

  7. T

    Netherlands Military Expenditure Percent Of GDP

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
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    TRADING ECONOMICS (2017). Netherlands Military Expenditure Percent Of GDP [Dataset]. https://tradingeconomics.com/netherlands/military-expenditure-percent-of-gdp-wb-data.html
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    json, excel, xml, csvAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Netherlands
    Description

    Actual value and historical data chart for Netherlands Military Expenditure Percent Of GDP

  8. T

    Austria - Military Expenditure (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 29, 2017
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    TRADING ECONOMICS (2017). Austria - Military Expenditure (% Of GDP) [Dataset]. https://tradingeconomics.com/austria/military-expenditure-percent-of-gdp-wb-data.html
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    May 29, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Austria
    Description

    Military expenditure (% of GDP) in Austria was reported at 0.84427 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Austria - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

  9. T

    Egypt - Military Expenditure (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 28, 2017
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    TRADING ECONOMICS (2017). Egypt - Military Expenditure (% Of GDP) [Dataset]. https://tradingeconomics.com/egypt/military-expenditure-percent-of-gdp-wb-data.html
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    xml, excel, csv, jsonAvailable download formats
    Dataset updated
    May 28, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Egypt
    Description

    Military expenditure (% of GDP) in Egypt was reported at 0.87057 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Egypt - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

  10. T

    Japan - Military Expenditure (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 31, 2017
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    TRADING ECONOMICS (2017). Japan - Military Expenditure (% Of GDP) [Dataset]. https://tradingeconomics.com/japan/military-expenditure-percent-of-gdp-wb-data.html
    Explore at:
    csv, xml, excel, jsonAvailable download formats
    Dataset updated
    May 31, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Japan
    Description

    Military expenditure (% of GDP) in Japan was reported at 1.1961 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

  11. Countries with the highest military spending 2024

    • statista.com
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    Statista, Countries with the highest military spending 2024 [Dataset]. https://www.statista.com/statistics/262742/countries-with-the-highest-military-spending/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Worldwide
    Description

    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.

  12. G

    Germany DE: Military Expenditure: % of GDP

    • ceicdata.com
    Updated Nov 15, 2024
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    CEICdata.com (2024). Germany DE: Military Expenditure: % of GDP [Dataset]. https://www.ceicdata.com/en/germany/defense-and-official-development-assistance/de-military-expenditure--of-gdp
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    Dataset updated
    Nov 15, 2024
    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Germany
    Variables measured
    Operating Statement
    Description

    Germany DE: Military Expenditure: % of GDP data was reported at 1.520 % in 2023. This records an increase from the previous number of 1.377 % for 2022. Germany DE: Military Expenditure: % of GDP data is updated yearly, averaging 1.929 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 4.899 % in 1963 and a record low of 1.066 % in 2005. Germany DE: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.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.

  13. A

    Azerbaijan AZ: Military Expenditure: % of GDP

    • ceicdata.com
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    CEICdata.com, Azerbaijan AZ: Military Expenditure: % of GDP [Dataset]. https://www.ceicdata.com/en/azerbaijan/defense-and-official-development-assistance/az-military-expenditure--of-gdp
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Azerbaijan
    Variables measured
    Operating Statement
    Description

    Azerbaijan Military Expenditure: % of GDP data was reported at 4.602 % in 2023. This records an increase from the previous number of 3.800 % for 2022. Azerbaijan Military Expenditure: % of GDP data is updated yearly, averaging 3.308 % from Dec 1992 (Median) to 2023, with 32 observations. The data reached an all-time high of 5.465 % in 2015 and a record low of 1.947 % in 1994. Azerbaijan Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Azerbaijan – Table AZ.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.

  14. Latin America: military expenditure as percentage of GDP 2024, by country

    • statista.com
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    Statista, Latin America: military expenditure as percentage of GDP 2024, by country [Dataset]. https://www.statista.com/statistics/793970/military-expenditure-share-gdp-latin-america-country/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Time period covered
    2024
    Area covered
    Latin America
    Description

    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.

  15. T

    Thailand - Military Expenditure (% Of GDP)

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 27, 2017
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    TRADING ECONOMICS (2017). Thailand - Military Expenditure (% Of GDP) [Dataset]. https://tradingeconomics.com/thailand/military-expenditure-percent-of-gdp-wb-data.html
    Explore at:
    excel, xml, csv, jsonAvailable download formats
    Dataset updated
    May 27, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    Thailand
    Description

    Military expenditure (% of GDP) in Thailand was reported at 1.1656 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Thailand - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on November of 2025.

  16. Ratio of military expenditure to GDP in Russia 2000-2024

    • statista.com
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    Statista, Ratio of military expenditure to GDP in Russia 2000-2024 [Dataset]. https://www.statista.com/statistics/810561/ratio-of-military-expenditure-to-gross-domestic-product-gdp-russia/
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    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Russia
    Description

    In 2024, the ratio of military expenditure to gross domestic product (GDP) in Russia increased by roughly 1.7 percentage points from the previous year. In total, the ratio amounted to 7.05 percent.

  17. T

    China Military Expenditure Percent Of GDP

    • tradingeconomics.com
    csv, excel, json, xml
    Updated May 30, 2017
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    TRADING ECONOMICS (2017). China Military Expenditure Percent Of GDP [Dataset]. https://tradingeconomics.com/china/military-expenditure-percent-of-gdp-wb-data.html
    Explore at:
    excel, csv, json, xmlAvailable download formats
    Dataset updated
    May 30, 2017
    Dataset authored and provided by
    TRADING ECONOMICS
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Jan 1, 1976 - Dec 31, 2025
    Area covered
    China
    Description

    Actual value and historical data chart for China Military Expenditure Percent Of GDP

  18. A

    Austria AT: Military Expenditure: % of GDP

    • ceicdata.com
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    CEICdata.com, Austria AT: Military Expenditure: % of GDP [Dataset]. https://www.ceicdata.com/en/austria/defense-and-official-development-assistance/at-military-expenditure--of-gdp
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    Dataset provided by
    CEICdata.com
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 1, 2012 - Dec 1, 2023
    Area covered
    Austria
    Variables measured
    Operating Statement
    Description

    Austria AT: Military Expenditure: % of GDP data was reported at 0.844 % in 2023. This records an increase from the previous number of 0.769 % for 2022. Austria AT: Military Expenditure: % of GDP data is updated yearly, averaging 1.135 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 1.887 % in 1964 and a record low of 0.698 % in 2015. Austria AT: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Austria – Table AT.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.

  19. G

    Military spending, percent of GDP in Africa | TheGlobalEconomy.com

    • theglobaleconomy.com
    csv, excel, xml
    Updated Jul 30, 2019
    + more versions
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    Globalen LLC (2019). Military spending, percent of GDP in Africa | TheGlobalEconomy.com [Dataset]. www.theglobaleconomy.com/rankings/mil_spend_gdp/Africa/
    Explore at:
    csv, xml, excelAvailable download formats
    Dataset updated
    Jul 30, 2019
    Dataset authored and provided by
    Globalen LLC
    License

    Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
    License information was derived automatically

    Time period covered
    Dec 31, 1960 - Dec 31, 2022
    Area covered
    World
    Description

    The average for 2022 based on 46 countries was 1.63 percent. The highest value was in Togo: 5.44 percent and the lowest value was in Mauritius: 0.17 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.

  20. Ratio of defense spending to GDP in Israel 2010-2024

    • statista.com
    Updated Nov 28, 2025
    + more versions
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    Statista (2025). Ratio of defense spending to GDP in Israel 2010-2024 [Dataset]. https://www.statista.com/statistics/810433/ratio-of-military-expenditure-to-gross-domestic-product-gdp-israel/
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    Dataset updated
    Nov 28, 2025
    Dataset authored and provided by
    Statistahttp://statista.com/
    Area covered
    Israel
    Description

    Israel's military expenditure as a share of GDP reached 8.8 percent in 2024, marking a significant increase from previous years. The surge in defense spending reflects the country's response to the Israel-Hamas conflict, which began in Gaza in October 2023, and expanded to hostilities in Lebanon, Yemen and Iran by 2025. The financial impact of the war was also apparent in the county's national debt figures, which rapidly increased by 20 percent between the third quarter of 2023 and the third quarter of 2024. Escalating defense budget amid conflict Israel's military allocation for 2025 has seen a significant increase, nearly doubling compared to 2022. Still, actual defense spending during the year is expected to exceed the approved 109.8 billion Israeli shekels, approximately 31.6 billion U.S. dollars, reflecting the nation's intensified emphasis on military preparedness amidst escalating geopolitical tensions. The bulk of this budget is earmarked for procurement and purchases, totaling around 55 billion Israeli shekels, equivalent to 15.7 billion U.S. dollars. Record-breaking arms exports As Israel ramped up its military spending, the country's defense industries have also reached new heights. In 2024, the value of arms exported from Israel reach 14.8 billion U.S. dollars, marking the third consecutive annual record. Air defense systems were the most popular product category that year, accounting for nearly half of all defense exports. The industry’s robust performance highlights the growing global demand for arms, and Israeli military hardware in particular.

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TRADING ECONOMICS (2017). United States - Military Expenditure (% Of GDP) [Dataset]. https://tradingeconomics.com/united-states/military-expenditure-percent-of-gdp-wb-data.html

United States - Military Expenditure (% Of GDP)

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4 scholarly articles cite this dataset (View in Google Scholar)
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Dataset updated
May 29, 2017
Dataset authored and provided by
TRADING ECONOMICS
License

Attribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically

Time period covered
Jan 1, 1976 - Dec 31, 2025
Area covered
United States
Description

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.

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