Economy
The World Bank — World Development Indicators (CC BY 4.0) · updated 2024-12-31
United States's military expenditure stands at 3.42% as of 2024-12-31, up from 3.3% in 2023. Historical data runs from 1960 to 2024 (65 observations).
In 2024, United States's military expenditure was 3.42%, up from 3.3% in 2023.
In 2023, United States's military expenditure was 3.3%, down from 3.31% in 2022.
In 2022, United States's military expenditure was 3.31%, down from 3.4% in 2021.
In 2021, United States's military expenditure was 3.4%, down from 3.65% in 2020.
In 2020, United States's military expenditure was 3.65%, up from 3.41% in 2019.
| Year | Value | Change |
|---|---|---|
| 2024 | 3.42% | +0.1148% |
| 2023 | 3.3% | -0.005% |
| 2022 | 3.31% | -0.095% |
| 2021 | 3.4% | -0.2407% |
| 2020 | 3.65% | +0.236% |
| 2019 | 3.41% | +0.1052% |
| 2018 | 3.3% | +0.0063% |
| 2017 | 3.3% | -0.1049% |
| 2016 | 3.4% | -0.0619% |
| 2015 | 3.46% | -0.2144% |
| 2014 | 3.68% | -0.3448% |
| 2013 | 4.02% | -0.438% |
| 2012 | 4.46% | -0.3607% |
| 2011 | 4.82% | -0.0816% |
| 2010 | 4.9% | +0.0283% |
| 2009 | 4.88% | +0.4292% |
| 2008 | 4.45% | +0.3732% |
| 2007 | 4.07% | +0.032% |
| 2006 | 4.04% | -0.0479% |
| 2005 | 4.09% | +0.0729% |
| 2004 | 4.02% | +0.1892% |
| 2003 | 3.83% | +0.3795% |
| 2002 | 3.45% | +0.3238% |
| 2001 | 3.12% | +0.0116% |
| 2000 | 3.11% | +0.0266% |
| 1999 | 3.09% | -0.1159% |
| 1998 | 3.2% | -0.204% |
| 1997 | 3.41% | -0.1494% |
| 1996 | 3.55% | -0.3053% |
| 1995 | 3.86% | -0.355% |
| 1994 | 4.22% | -0.3891% |
| 1993 | 4.6% | -0.3661% |
| 1992 | 4.97% | +0.087% |
| 1991 | 4.88% | -0.7217% |
| 1990 | 5.61% | -0.266% |
| 1989 | 5.87% | -0.2001% |
| 1988 | 6.07% | -0.349% |
| 1987 | 6.42% | -0.2062% |
| 1986 | 6.63% | +0.1733% |
| 1985 | 6.45% | +0.2168% |
| 1984 | 6.24% | -0.0847% |
| 1983 | 6.32% | -0.4929% |
| 1982 | 6.81% | +1.17% |
| 1981 | 5.65% | +0.493% |
| 1980 | 5.15% | +0.2015% |
| 1979 | 4.95% | +0.0089% |
| 1978 | 4.94% | -0.2125% |
| 1977 | 5.16% | -0.0355% |
| 1976 | 5.19% | -0.4316% |
| 1975 | 5.62% | -0.3314% |
| 1974 | 5.95% | +0.0602% |
| 1973 | 5.89% | -0.6259% |
| 1972 | 6.52% | -0.4233% |
| 1971 | 6.94% | -1.09% |
| 1970 | 8.03% | -0.6005% |
| 1969 | 8.63% | -0.6352% |
| 1968 | 9.27% | -0.1493% |
| 1967 | 9.42% | +0.9825% |
| 1966 | 8.44% | +0.8481% |
| 1965 | 7.59% | -0.464% |
| 1964 | 8.05% | -0.7806% |
| 1963 | 8.83% | -0.4998% |
| 1962 | 9.33% | +0.1756% |
| 1961 | 9.16% | +0.1629% |
| 1960 | 8.99% | — |
The World Bank — World Development Indicators (CC BY 4.0) · Download this series as CSV — free, attribution required (CC BY 4.0).
United States's military expenditure is 3.42% as of 2024-12-31, compared with 3.3% in 2023. The World Bank — World Development Indicators (CC BY 4.0)
The highest recorded value is 9.42% (1967); the lowest is 3.09% (1999), across data from 1960 to 2024.
The World Bank — World Development Indicators (CC BY 4.0) Figures are republished with attribution and updated as the source releases new observations.