Military expenditure (current USD), gaps filled in OECD members

OECD members: Military expenditure (current USD), gaps filled was 1.73 trillion current USD in 2024. ◆ Volatile

Latest (2024)
1.73 trillion current USD
Change on year
up 12.5%
Rank
2nd
of 41 groups
All-time high
1.73 trillion current USD
in 2024
All-time low
69.53 billion current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in OECD members, 1960–2024

0500.0B1.0T1.5T196019922024

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

Analysis

In 2024, military expenditure (current usd), gaps filled in OECD members stood at 1.73 trillion current USD. That is the highest value across all 65 years on record.

Compared with earlier readings it is up 12.5% on the previous year and up 54.6% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in OECD members peaked at 1.73 trillion current USD in 2024 and was at its lowest, 69.53 billion current USD, in 1960.

That places OECD members 2nd 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.

Averages by decade

DecadeAverage LowestHighest Years
1960s 93.58 billion current USD 69.53 billion current USD 124.03 billion current USD 10
1970s 177.32 billion current USD 125.98 billion current USD 255.19 billion current USD 10
1980s 419.22 billion current USD 291.37 billion current USD 548.04 billion current USD 10
1990s 581.31 billion current USD 559.84 billion current USD 608.47 billion current USD 10
2000s 861.05 billion current USD 585.02 billion current USD 1.16 trillion current USD 10
2010s 1.15 trillion current USD 1.05 trillion current USD 1.24 trillion current USD 10
2020s 1.47 trillion current USD 1.29 trillion current USD 1.73 trillion current USD 5

Countries ranked near OECD members

  1. 1 United States 997.31 billion current USD compare
  2. 2 China 313.66 billion current USD compare
  3. 3 Russian Federation 148.97 billion current USD compare
  4. 4 Germany 88.46 billion current USD compare
  5. 5 India 86.13 billion current USD compare

See the full ranking of 211 places →

More public sector data for OECD members

All data for OECD members →

Frequently asked questions

What is military expenditure (current usd), gaps filled in OECD members?
Military expenditure (current usd), gaps filled in OECD members was 1.73 trillion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in OECD members?
The highest recorded value was 1.73 trillion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in OECD members?
The lowest recorded value was 69.53 billion current USD in 1960.
How does OECD members rank for military expenditure (current usd), gaps filled?
OECD members ranks 2nd out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in OECD members?
Over the last ten years it is up 54.6%. The long-run trend across the full record is volatile.
Where does this OECD members 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 OECD members. Statizoid, drawing on Statizoid (derived). Retrieved 21 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/oecd-members/

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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.