Military expenditure (current USD), gaps filled in High income
High income: Military expenditure (current USD), gaps filled was 1.96 trillion current USD in 2024. ◆ Volatile
Military expenditure (current USD), gaps filled in High income, 1960–2024
Source: Statizoid (derived). Measured in current USD.
Analysis
High income recorded 1.96 trillion current USD for military expenditure (current usd), gaps filled in 2024. That is the highest value across all 65 years on record.
The figure is up 13.0% on the previous year and up 49.7% over ten years.
Over the whole period, military expenditure (current usd), gaps filled in High income peaked at 1.96 trillion current USD in 2024 and was at its lowest, 69.79 billion current USD, in 1960.
High income ranks 1st of 41 groups on this measure, in the top 10%.
The series is highly variable year to year, so single readings are best treated with caution.
Military expenditure (current USD), gaps filled in High income, year by year
| Year | current USD | Change |
|---|---|---|
| 1960 | 69.79 billion current USD | — |
| 1961 | 73.82 billion current USD | +5.8% |
| 1962 | 81.27 billion current USD | +10.1% |
| 1963 | 83.31 billion current USD | +2.5% |
| 1964 | 83.77 billion current USD | +0.6% |
| 1965 | 86.54 billion current USD | +3.3% |
| 1966 | 100.66 billion current USD | +16.3% |
| 1967 | 114.99 billion current USD | +14.2% |
| 1968 | 121.98 billion current USD | +6.1% |
| 1969 | 124.93 billion current USD | +2.4% |
| 1970 | 127.26 billion current USD | +1.9% |
| 1971 | 127.46 billion current USD | +0.2% |
| 1972 | 138.63 billion current USD | +8.8% |
| 1973 | 151.00 billion current USD | +8.9% |
| 1974 | 167.29 billion current USD | +10.8% |
| 1975 | 181.54 billion current USD | +8.5% |
| 1976 | 187.56 billion current USD | +3.3% |
| 1977 | 220.74 billion current USD | +17.7% |
| 1978 | 243.40 billion current USD | +10.3% |
| 1979 | 272.09 billion current USD | +11.8% |
| 1980 | 312.62 billion current USD | +14.9% |
| 1981 | 344.36 billion current USD | +10.2% |
| 1982 | 392.88 billion current USD | +14.1% |
| 1983 | 386.20 billion current USD | -1.7% |
| 1984 | 404.96 billion current USD | +4.9% |
| 1985 | 430.99 billion current USD | +6.4% |
| 1986 | 471.48 billion current USD | +9.4% |
| 1987 | 529.70 billion current USD | +12.3% |
| 1988 | 561.74 billion current USD | +6.0% |
| 1989 | 574.78 billion current USD | +2.3% |
| 1990 | 623.96 billion current USD | +8.6% |
| 1991 | 611.56 billion current USD | -2.0% |
| 1992 | 637.76 billion current USD | +4.3% |
| 1993 | 618.81 billion current USD | -3.0% |
| 1994 | 624.15 billion current USD | +0.9% |
| 1995 | 631.71 billion current USD | +1.2% |
| 1996 | 622.53 billion current USD | -1.5% |
| 1997 | 618.24 billion current USD | -0.7% |
| 1998 | 600.27 billion current USD | -2.9% |
| 1999 | 608.35 billion current USD | +1.3% |
| 2000 | 624.89 billion current USD | +2.7% |
| 2001 | 632.66 billion current USD | +1.2% |
| 2002 | 694.62 billion current USD | +9.8% |
| 2003 | 808.15 billion current USD | +16.3% |
| 2004 | 907.68 billion current USD | +12.3% |
| 2005 | 972.16 billion current USD | +7.1% |
| 2006 | 1.02 trillion current USD | +5.2% |
| 2007 | 1.12 trillion current USD | +9.2% |
| 2008 | 1.24 trillion current USD | +11.2% |
| 2009 | 1.27 trillion current USD | +2.5% |
| 2010 | 1.32 trillion current USD | +3.9% |
| 2011 | 1.38 trillion current USD | +4.7% |
| 2012 | 1.36 trillion current USD | -1.6% |
| 2013 | 1.33 trillion current USD | -2.5% |
| 2014 | 1.31 trillion current USD | -1.3% |
| 2015 | 1.21 trillion current USD | -7.4% |
| 2016 | 1.21 trillion current USD | -0.5% |
| 2017 | 1.24 trillion current USD | +2.7% |
| 2018 | 1.31 trillion current USD | +5.6% |
| 2019 | 1.36 trillion current USD | +3.9% |
| 2020 | 1.43 trillion current USD | +5.0% |
| 2021 | 1.53 trillion current USD | +6.8% |
| 2022 | 1.61 trillion current USD | +5.5% |
| 2023 | 1.74 trillion current USD | +8.0% |
| 2024 | 1.96 trillion current USD | +13.0% |
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 94.11 billion current USD | 69.79 billion current USD | 124.93 billion current USD | 10 |
| 1970s | 181.70 billion current USD | 127.26 billion current USD | 272.09 billion current USD | 10 |
| 1980s | 440.97 billion current USD | 312.62 billion current USD | 574.78 billion current USD | 10 |
| 1990s | 619.74 billion current USD | 600.27 billion current USD | 637.76 billion current USD | 10 |
| 2000s | 929.37 billion current USD | 624.89 billion current USD | 1.27 trillion current USD | 10 |
| 2010s | 1.30 trillion current USD | 1.21 trillion current USD | 1.38 trillion current USD | 10 |
| 2020s | 1.65 trillion current USD | 1.43 trillion current USD | 1.96 trillion current USD | 5 |
Countries ranked near High income
More public sector data for High income
- Arms imports 17.59 billion SIPRI trend indicator values (2024)
- Arms imports (SIPRI trend indicator values), per capita 12.4 SIPRI trend indicator values per person (2024)
- Arms imports (SIPRI trend indicator values), per unit of GDP 0.0002 SIPRI trend indicator values per US$ of GDP (2024)
- Arms imports (SIPRI trend indicator values), annual growth rate 16.09 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), gaps filled 17.59 billion SIPRI trend indicator values (2024)
- Military expenditure (current USD), per capita 1,385 current USD per person (2024)
- Military expenditure (current USD), per unit of GDP 0.0272 current USD per US$ of GDP (2024)
- Military expenditure (current USD), annual growth rate 12.96 % change on previous year (2024)
- Arms imports (SIPRI trend indicator values), per square kilometre 292.64 SIPRI trend indicator values per square kilometre (2023)
- Military expenditure (current USD), per square kilometre 33,585 current USD per square kilometre (2023)
Frequently asked questions
- What is military expenditure (current usd), gaps filled in High income?
- Military expenditure (current usd), gaps filled in High income was 1.96 trillion current USD in 2024, according to Statizoid (derived).
- What is the highest military expenditure (current usd), gaps filled recorded in High income?
- The highest recorded value was 1.96 trillion current USD in 2024.
- What is the lowest military expenditure (current usd), gaps filled recorded in High income?
- The lowest recorded value was 69.79 billion current USD in 1960.
- How does High income rank for military expenditure (current usd), gaps filled?
- High income ranks 1st out of 41 groups with data for 2024.
- Is military expenditure (current usd), gaps filled rising or falling in High income?
- Over the last ten years it is up 49.7%. The long-run trend across the full record is volatile.
- Where does this High income data come from?
- The figures come from Statizoid (derived), published as part of Military expenditure (current USD), gaps filled. Statizoid updates them automatically from the source API.
Download this data
CSV · JSON — 65 observations, free to reuse under Derived by Statizoid from the sources named on the page.
How this figure is calculated
Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.
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
Military expenditure (current USD) with 107 missing years estimated by linear interpolation between the nearest real observations. Only gaps of 4 years or fewer are filled, and never beyond the first or last actual measurement — these are filled holes, not forecasts.