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.

In 2024, the military spending worldwide amounted to 2.7 trillion U.S. dollars, which was the highest during the period under consideration. Comparatively, global military spending was at 1.1 trillion U.S. dollars in 2001 and at 1.7 trillion U.S. dollars in 2010, past the peak of the wars in Iraq and Afghanistan. The Russia-Ukraine War The Russia-Ukraine War has been a major driver of more recent military spending increases. From 2021 to 2022, the ratio of Ukraine’s military spending to their GDP increased substantially from 3.8 percent to 33.5 percent, reaching 36 percent in 2023. By comparison, this ratio increased in Russia from 3.6 percent in 2021 to only 4 percent in 2022. As a result, large amounts of bilateral aid have gone towards Ukraine. While EU institutions have contributed the most financial and humanitarian aid, the United States has contributed the most military aid towards Ukraine. Spending by nation Globally, the United States had the largest amount of military spending by large in 2024. The United States spent 997 billion U.S. dollars in 2024 towards defense, compared to 314 billion U.S. dollars and 149 billion U.S. dollars spent by China and Russia, respectively. As a percentage of GDP, Ukraine spent the most globally, contributing nearly 35 percent of their GDP to defense, followed by Israel at 8.8 percent and Algeria at eight percent.

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.

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.

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.

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.

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

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.

Comprehensive dataset of military spending for 30+ countries with real-time tracking and historical trends

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.

Historical dataset showing Isle of Man military spending/defense budget by year from N/A to N/A.

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.

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

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

Historical dataset showing Puerto Rico military spending/defense budget by year from N/A to N/A.

Iceland IS: Military Expenditure data was reported at 0.000 ISK mn in 2017. This stayed constant from the previous number of 0.000 ISK mn for 2016. Iceland IS: Military Expenditure data is updated yearly, averaging 0.000 ISK mn from Dec 1960 (Median) to 2017, with 58 observations. Iceland IS: Military Expenditure data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.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

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

This dataset is about countries per year in Liberia. It has 64 rows. It features 4 columns: country, country full name, and military expenditure.

Historical dataset showing Channel Islands military spending/defense budget by year from N/A to N/A.

This dataset is about countries per year in Tuvalu. It has 64 rows. It features 3 columns: country, and military expenditure.