Military expenditure (current USD), annual growth rate in North America
North America: Military expenditure (current USD), annual growth rate was 8.84 % change on previous year in 2024. ◆ Volatile
Latest (2024)
8.84 % change on previous year
Change on year
up 37.5%
Rank
22nd
of 41 groups
All-time high
25.31 % change on previous year
in 1982
All-time low
-7.68 % change on previous year
in 1991
Years of data
64
1961–2024
Military expenditure (current USD), annual growth rate in North America, 1961–2024
Source: Statizoid (derived). Measured in % change on previous year.
Analysis
North America recorded 8.84 % change on previous year for military expenditure (current usd), annual growth rate in 2024.
That represents a change of up 37.5% on the previous year and up 292.2% over ten years.
Over the whole period, military expenditure (current usd), annual growth rate in North America peaked at 25.31 % change on previous year in 1982 and was at its lowest, -7.68 % change on previous year, in 1991.
North America ranks 22nd of 41 groups on this measure, in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), annual growth rate in North America, year by year
| Year | % change on previous year | Change |
|---|---|---|
| 1961 | 5.11 % change on previous year | — |
| 1962 | 9.24 % change on previous year | +80.7% |
| 1963 | -0.2681 % change on previous year | -102.9% |
| 1964 | -1.93 % change on previous year | +618.1% |
| 1965 | 1.9 % change on previous year | -198.7% |
| 1966 | 21.24 % change on previous year | +1017.6% |
| 1967 | 17.8 % change on previous year | -16.2% |
| 1968 | 7.42 % change on previous year | -58.3% |
| 1969 | 0.7361 % change on previous year | -90.1% |
| 1970 | -1.69 % change on previous year | -329.1% |
| 1971 | -5.84 % change on previous year | +246.3% |
| 1972 | 3.27 % change on previous year | -156.0% |
| 1973 | 1.07 % change on previous year | -67.1% |
| 1974 | 9.85 % change on previous year | +816.6% |
| 1975 | 3.45 % change on previous year | -65.0% |
| 1976 | 3.19 % change on previous year | -7.5% |
| 1977 | 10.3 % change on previous year | +223.1% |
| 1978 | 8.24 % change on previous year | -20.0% |
| 1979 | 11.6 % change on previous year | +40.8% |
| 1980 | 13.34 % change on previous year | +15.0% |
| 1981 | 22.41 % change on previous year | +68.0% |
| 1982 | 25.31 % change on previous year | +12.9% |
| 1983 | 1.18 % change on previous year | -95.3% |
| 1984 | 9.6 % change on previous year | +715.0% |
| 1985 | 10.74 % change on previous year | +11.9% |
| 1986 | 8.48 % change on previous year | -21.1% |
| 1987 | 3.12 % change on previous year | -63.2% |
| 1988 | 2.17 % change on previous year | -30.5% |
| 1989 | 4.09 % change on previous year | +88.5% |
| 1990 | 1.18 % change on previous year | -71.1% |
| 1991 | -7.68 % change on previous year | -749.7% |
| 1992 | 8.08 % change on previous year | -205.3% |
| 1993 | -2.63 % change on previous year | -132.6% |
| 1994 | -2.85 % change on previous year | +8.4% |
| 1995 | -3.98 % change on previous year | +39.4% |
| 1996 | -2.77 % change on previous year | -30.3% |
| 1997 | 1.53 % change on previous year | -155.2% |
| 1998 | -0.7864 % change on previous year | -151.4% |
| 1999 | 2.53 % change on previous year | -421.8% |
| 2000 | 7.21 % change on previous year | +184.8% |
| 2001 | 3.59 % change on previous year | -50.2% |
| 2002 | 13.75 % change on previous year | +282.8% |
| 2003 | 16.42 % change on previous year | +19.4% |
| 2004 | 11.95 % change on previous year | -27.2% |
| 2005 | 8.3 % change on previous year | -30.6% |
| 2006 | 4.93 % change on previous year | -40.5% |
| 2007 | 5.91 % change on previous year | +19.7% |
| 2008 | 11.38 % change on previous year | +92.7% |
| 2009 | 7.21 % change on previous year | -36.6% |
| 2010 | 4.48 % change on previous year | -37.9% |
| 2011 | 2.16 % change on previous year | -51.8% |
| 2012 | -3.62 % change on previous year | -267.7% |
| 2013 | -6.43 % change on previous year | +77.4% |
| 2014 | -4.6 % change on previous year | -28.4% |
| 2015 | -2.08 % change on previous year | -54.7% |
| 2016 | 0.9009 % change on previous year | -143.2% |
| 2017 | 1.73 % change on previous year | +92.1% |
| 2018 | 5.41 % change on previous year | +212.6% |
| 2019 | 7.31 % change on previous year | +35.0% |
| 2020 | 5.91 % change on previous year | -19.1% |
| 2021 | 3.76 % change on previous year | -36.5% |
| 2022 | 6.57 % change on previous year | +75.0% |
| 2023 | 6.43 % change on previous year | -2.2% |
| 2024 | 8.84 % change on previous year | +37.5% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 6.81 % change on previous year | -1.93 % change on previous year | 21.24 % change on previous year | 9 |
| 1970s | 4.34 % change on previous year | -5.84 % change on previous year | 11.6 % change on previous year | 10 |
| 1980s | 10.04 % change on previous year | 1.18 % change on previous year | 25.31 % change on previous year | 10 |
| 1990s | -0.7369 % change on previous year | -7.68 % change on previous year | 8.08 % change on previous year | 10 |
| 2000s | 9.07 % change on previous year | 3.59 % change on previous year | 16.42 % change on previous year | 10 |
| 2010s | 0.5254 % change on previous year | -6.43 % change on previous year | 7.31 % change on previous year | 10 |
| 2020s | 6.3 % change on previous year | 3.76 % change on previous year | 8.84 % change on previous year | 5 |
Countries ranked near North America
- 19 North Macedonia 32.65 % change on previous year compare
- 20 Luxembourg 31.57 % change on previous year compare
- 21 Germany 31.47 % change on previous year compare
- 22 Niger 31.32 % change on previous year compare
- 23 Montenegro 31.31 % change on previous year compare
- 24 Libya 29.54 % change on previous year compare
- 25 Serbia 29.27 % change on previous year compare
More public sector data for North America
- Arms imports 1.36 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 3.56 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 56.45 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 1.36 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 2,692 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0325 current USD per US$ of GDP (2024)
- Military expenditure (current USD), gaps filled 1.03 trillion current USD (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 48.39 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 52,589 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), annual growth rate in North America?
- Military expenditure (current usd), annual growth rate in North America was 8.84 % change on previous year in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), annual growth rate recorded in North America?
- The highest recorded value was 25.31 % change on previous year in 1982.
- What is the lowest military expenditure (current usd), annual growth rate recorded in North America?
- The lowest recorded value was -7.68 % change on previous year in 1991.
- How does North America rank for military expenditure (current usd), annual growth rate?
- North America ranks 22nd out of 41 groups with data for 2024.
- Is military expenditure (current usd), annual growth rate rising or falling in North America?
- Over the last ten years it is up 292.2%. The long-run trend across the full record is volatile.
- Where does this North America data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), annual growth rate. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 64 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.
Computed from
- Military expenditure SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI)
Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.
About this data
The year-on-year percentage change in Military expenditure (current USD). Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.