Military expenditure (current USD), gaps filled in Post-demographic dividend

Post-demographic dividend: Military expenditure (current USD), gaps filled was 1.66 trillion current USD in 2024. ◆ Volatile

Latest (2024)
1.66 trillion current USD
Change on year
up 9.8%
Rank
3rd
of 41 groups
All-time high
1.66 trillion current USD
in 2024
All-time low
65.01 billion current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in Post-demographic dividend, 1960–2024

0500.0B1.0T1.5T196019922024

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

Analysis

Post-demographic dividend recorded 1.66 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 9.8% on the previous year and up 56.3% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in Post-demographic dividend peaked at 1.66 trillion current USD in 2024 and was at its lowest, 65.01 billion current USD, in 1960.

Post-demographic dividend ranks 3rd 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 Post-demographic dividend, year by year

Annual values for Military expenditure (current USD), gaps filled in Post-demographic dividend, 1960 to 2024.
Year current USD Change
1960 65.01 billion current USD —
1961 68.50 billion current USD +5.4%
1962 75.51 billion current USD +10.2%
1963 76.89 billion current USD +1.8%
1964 77.04 billion current USD +0.2%
1965 79.28 billion current USD +2.9%
1966 92.71 billion current USD +16.9%
1967 106.43 billion current USD +14.8%
1968 112.25 billion current USD +5.5%
1969 114.05 billion current USD +1.6%
1970 114.95 billion current USD +0.8%
1971 113.69 billion current USD -1.1%
1972 123.30 billion current USD +8.5%
1973 132.77 billion current USD +7.7%
1974 147.93 billion current USD +11.4%
1975 161.39 billion current USD +9.1%
1976 166.03 billion current USD +2.9%
1977 185.20 billion current USD +11.5%
1978 212.76 billion current USD +14.9%
1979 244.56 billion current USD +14.9%
1980 280.06 billion current USD +14.5%
1981 305.76 billion current USD +9.2%
1982 350.53 billion current USD +14.6%
1983 350.79 billion current USD +0.1%
1984 368.85 billion current USD +5.2%
1985 398.62 billion current USD +8.1%
1986 457.87 billion current USD +14.9%
1987 499.43 billion current USD +9.1%
1988 523.67 billion current USD +4.9%
1989 537.69 billion current USD +2.7%
1990 574.97 billion current USD +6.9%
1991 555.43 billion current USD -3.4%
1992 591.00 billion current USD +6.4%
1993 564.55 billion current USD -4.5%
1994 565.62 billion current USD +0.2%
1995 573.90 billion current USD +1.5%
1996 560.94 billion current USD -2.3%
1997 548.01 billion current USD -2.3%
1998 538.25 billion current USD -1.8%
1999 551.38 billion current USD +2.4%
2000 560.86 billion current USD +1.7%
2001 565.09 billion current USD +0.8%
2002 628.04 billion current USD +11.1%
2003 736.38 billion current USD +17.3%
2004 825.66 billion current USD +12.1%
2005 876.83 billion current USD +6.2%
2006 913.46 billion current USD +4.2%
2007 985.09 billion current USD +7.8%
2008 1.09 trillion current USD +10.2%
2009 1.12 trillion current USD +3.1%
2010 1.15 trillion current USD +2.9%
2011 1.19 trillion current USD +3.5%
2012 1.15 trillion current USD -3.7%
2013 1.09 trillion current USD -5.0%
2014 1.06 trillion current USD -2.7%
2015 1.00 trillion current USD -5.7%
2016 1.02 trillion current USD +1.3%
2017 1.04 trillion current USD +2.3%
2018 1.11 trillion current USD +6.4%
2019 1.16 trillion current USD +5.3%
2020 1.23 trillion current USD +5.9%
2021 1.31 trillion current USD +6.0%
2022 1.38 trillion current USD +5.4%
2023 1.51 trillion current USD +9.9%
2024 1.66 trillion current USD +9.8%

Averages by decade

DecadeAverage LowestHighest Years
1960s 86.77 billion current USD 65.01 billion current USD 114.05 billion current USD 10
1970s 160.26 billion current USD 113.69 billion current USD 244.56 billion current USD 10
1980s 407.33 billion current USD 280.06 billion current USD 537.69 billion current USD 10
1990s 562.41 billion current USD 538.25 billion current USD 591.00 billion current USD 10
2000s 829.60 billion current USD 560.86 billion current USD 1.12 trillion current USD 10
2010s 1.10 trillion current USD 1.00 trillion current USD 1.19 trillion current USD 10
2020s 1.42 trillion current USD 1.23 trillion current USD 1.66 trillion current USD 5

Countries ranked near Post-demographic dividend

  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

See the full ranking of 211 places →

More public sector data for Post-demographic dividend

All data for Post-demographic dividend →

Frequently asked questions

What is military expenditure (current usd), gaps filled in Post-demographic dividend?
Military expenditure (current usd), gaps filled in Post-demographic dividend was 1.66 trillion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in Post-demographic dividend?
The highest recorded value was 1.66 trillion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in Post-demographic dividend?
The lowest recorded value was 65.01 billion current USD in 1960.
How does Post-demographic dividend rank for military expenditure (current usd), gaps filled?
Post-demographic dividend ranks 3rd out of 41 groups with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in Post-demographic dividend?
Over the last ten years it is up 56.3%. The long-run trend across the full record is volatile.
Where does this Post-demographic dividend 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 Post-demographic dividend. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/post-demographic-dividend/

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<a href="https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/post-demographic-dividend/">Military expenditure (current USD), gaps filled in Post-demographic dividend</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.