Military expenditure (current USD), gaps filled in North America

North America: Military expenditure (current USD), gaps filled was 1.03 trillion current USD in 2024. ◆ Volatile

Latest (2024)
1.03 trillion current USD
Change on year
up 8.8%
Rank
4th
of 41 groups
All-time high
1.03 trillion current USD
in 2024
All-time low
49.05 billion current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in North America, 1960–2024

0200.0B400.0B600.0B800.0B1.0T196019922024

Source: Statizoid (derived). Measured in current USD.

Analysis

North America recorded 1.03 trillion current USD for military expenditure (current usd), gaps filled in 2024. That is the highest value across all 65 years on record.

That represents a change of up 8.8% on the previous year and up 54.2% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in North America peaked at 1.03 trillion current USD in 2024 and was at its lowest, 49.05 billion current USD, in 1960.

That places North America 4th out of 41 groups with data for 2024, putting it 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 North America, year by year

Annual values for Military expenditure (current USD), gaps filled in North America, 1960 to 2024.
Year current USD Change
1960 49.05 billion current USD —
1961 51.56 billion current USD +5.1%
1962 56.32 billion current USD +9.2%
1963 56.17 billion current USD -0.3%
1964 55.09 billion current USD -1.9%
1965 56.14 billion current USD +1.9%
1966 68.06 billion current USD +21.2%
1967 80.17 billion current USD +17.8%
1968 86.13 billion current USD +7.4%
1969 86.76 billion current USD +0.7%
1970 85.30 billion current USD -1.7%
1971 80.32 billion current USD -5.8%
1972 82.94 billion current USD +3.3%
1973 83.83 billion current USD +1.1%
1974 92.09 billion current USD +9.8%
1975 95.26 billion current USD +3.4%
1976 98.30 billion current USD +3.2%
1977 108.42 billion current USD +10.3%
1978 117.35 billion current USD +8.2%
1979 130.96 billion current USD +11.6%
1980 148.43 billion current USD +13.3%
1981 181.70 billion current USD +22.4%
1982 227.69 billion current USD +25.3%
1983 230.37 billion current USD +1.2%
1984 252.50 billion current USD +9.6%
1985 279.62 billion current USD +10.7%
1986 303.33 billion current USD +8.5%
1987 312.78 billion current USD +3.1%
1988 319.56 billion current USD +2.2%
1989 332.61 billion current USD +4.1%
1990 336.54 billion current USD +1.2%
1991 310.71 billion current USD -7.7%
1992 335.82 billion current USD +8.1%
1993 326.99 billion current USD -2.6%
1994 317.66 billion current USD -2.9%
1995 305.03 billion current USD -4.0%
1996 296.58 billion current USD -2.8%
1997 301.11 billion current USD +1.5%
1998 298.75 billion current USD -0.8%
1999 306.31 billion current USD +2.5%
2000 328.39 billion current USD +7.2%
2001 340.18 billion current USD +3.6%
2002 386.96 billion current USD +13.8%
2003 450.49 billion current USD +16.4%
2004 504.34 billion current USD +12.0%
2005 546.19 billion current USD +8.3%
2006 573.14 billion current USD +4.9%
2007 607.00 billion current USD +5.9%
2008 676.10 billion current USD +11.4%
2009 724.85 billion current USD +7.2%
2010 757.32 billion current USD +4.5%
2011 773.68 billion current USD +2.2%
2012 745.66 billion current USD -3.6%
2013 697.75 billion current USD -6.4%
2014 665.64 billion current USD -4.6%
2015 651.77 billion current USD -2.1%
2016 657.64 billion current USD +0.9%
2017 669.02 billion current USD +1.7%
2018 705.22 billion current USD +5.4%
2019 756.74 billion current USD +7.3%
2020 801.48 billion current USD +5.9%
2021 831.59 billion current USD +3.8%
2022 886.26 billion current USD +6.6%
2023 943.24 billion current USD +6.4%
2024 1.03 trillion current USD +8.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 64.54 billion current USD 49.05 billion current USD 86.76 billion current USD 10
1970s 97.48 billion current USD 80.32 billion current USD 130.96 billion current USD 10
1980s 258.86 billion current USD 148.43 billion current USD 332.61 billion current USD 10
1990s 313.55 billion current USD 296.58 billion current USD 336.54 billion current USD 10
2000s 513.76 billion current USD 328.39 billion current USD 724.85 billion current USD 10
2010s 708.04 billion current USD 651.77 billion current USD 773.68 billion current USD 10
2020s 897.85 billion current USD 801.48 billion current USD 1.03 trillion current USD 5

Countries ranked near North America

  1. 1 United States 997.31 billion current USD compare
  2. 2 China 313.66 billion current USD compare
  3. 3 Russia 148.97 billion current USD compare
  4. 4 Germany 88.46 billion current USD compare
  5. 5 India 86.13 billion current USD compare
  6. 6 United Kingdom 81.76 billion current USD compare
  7. 7 Saudi Arabia 80.33 billion current USD compare

See the full ranking of 211 places →

More public sector data for North America

All data for North America →

Frequently asked questions

What is military expenditure (current usd), gaps filled in North America?
Military expenditure (current usd), gaps filled in North America was 1.03 trillion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in North America?
The highest recorded value was 1.03 trillion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in North America?
The lowest recorded value was 49.05 billion current USD in 1960.
How does North America rank for military expenditure (current usd), gaps filled?
North America ranks 4th out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in North America?
Over the last ten years it is up 54.2%. 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), gaps filled. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), gaps filled in North America. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/north-america/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/north-america/">Military expenditure (current USD), gaps filled in North America</a> — Statizoid

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

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

Indicator
Military expenditure (current USD), gaps filled
Unit
current USD
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
211 places, 10,708 data points, 1960–2024
Last refreshed

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.