Military expenditure (current USD), gaps filled in United States

United States: Military expenditure (current USD), gaps filled was 997.31 billion current USD in 2024. ◆ Volatile

Latest (2024)
997.31 billion current USD
Change on year
up 8.9%
World rank
1st
of 167 countries
All-time high
997.31 billion current USD
in 2024
All-time low
47.35 billion current USD
in 1960
Years of data
65
1960–2024

Military expenditure (current USD), gaps filled in United States, 1960–2024

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

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

Analysis

The most recent figure for military expenditure (current usd), gaps filled in United States is 997.31 billion current USD, measured in 2024. That is the highest value across all 65 years on record.

That represents a change of up 8.9% on the previous year and up 54.0% over ten years.

Over the whole period, military expenditure (current usd), gaps filled in United States peaked at 997.31 billion current USD in 2024 and was at its lowest, 47.35 billion current USD, in 1960.

That places United States 1st out of 167 countries 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 United States, year by year

Annual values for Military expenditure (current USD), gaps filled in United States, 1960 to 2024.
Year current USD Change
1960 47.35 billion current USD —
1961 49.88 billion current USD +5.4%
1962 54.65 billion current USD +9.6%
1963 54.56 billion current USD -0.2%
1964 53.43 billion current USD -2.1%
1965 54.56 billion current USD +2.1%
1966 66.44 billion current USD +21.8%
1967 78.40 billion current USD +18.0%
1968 84.33 billion current USD +7.6%
1969 84.99 billion current USD +0.8%
1970 83.41 billion current USD -1.9%
1971 78.24 billion current USD -6.2%
1972 80.71 billion current USD +3.2%
1973 81.47 billion current USD +0.9%
1974 89.28 billion current USD +9.6%
1975 92.08 billion current USD +3.1%
1976 94.72 billion current USD +2.9%
1977 104.67 billion current USD +10.5%
1978 113.38 billion current USD +8.3%
1979 126.88 billion current USD +11.9%
1980 143.69 billion current USD +13.2%
1981 176.56 billion current USD +22.9%
1982 221.67 billion current USD +25.6%
1983 223.43 billion current USD +0.8%
1984 245.15 billion current USD +9.7%
1985 272.16 billion current USD +11.0%
1986 295.55 billion current USD +8.6%
1987 304.09 billion current USD +2.9%
1988 309.66 billion current USD +1.8%
1989 321.87 billion current USD +3.9%
1990 325.13 billion current USD +1.0%
1991 299.37 billion current USD -7.9%
1992 325.03 billion current USD +8.6%
1993 316.72 billion current USD -2.6%
1994 308.08 billion current USD -2.7%
1995 295.85 billion current USD -4.0%
1996 287.96 billion current USD -2.7%
1997 293.17 billion current USD +1.8%
1998 291.00 billion current USD -0.7%
1999 298.10 billion current USD +2.4%
2000 320.09 billion current USD +7.4%
2001 331.81 billion current USD +3.7%
2002 378.46 billion current USD +14.1%
2003 440.53 billion current USD +16.4%
2004 493.00 billion current USD +11.9%
2005 533.20 billion current USD +8.2%
2006 558.34 billion current USD +4.7%
2007 589.59 billion current USD +5.6%
2008 656.76 billion current USD +11.4%
2009 705.92 billion current USD +7.5%
2010 738.00 billion current USD +4.5%
2011 752.29 billion current USD +1.9%
2012 725.21 billion current USD -3.6%
2013 679.23 billion current USD -6.3%
2014 647.79 billion current USD -4.6%
2015 633.83 billion current USD -2.2%
2016 639.86 billion current USD +1.0%
2017 646.75 billion current USD +1.1%
2018 682.49 billion current USD +5.5%
2019 734.34 billion current USD +7.6%
2020 778.40 billion current USD +6.0%
2021 806.23 billion current USD +3.6%
2022 860.69 billion current USD +6.8%
2023 916.01 billion current USD +6.4%
2024 997.31 billion current USD +8.9%

United States compared with similar countries

  • United States's 997.31 billion current USD is above the median for high income countries, which is 6.62 billion current USD, 150.6× the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1960s 62.86 billion current USD 47.35 billion current USD 84.99 billion current USD 10
1970s 94.48 billion current USD 78.24 billion current USD 126.88 billion current USD 10
1980s 251.38 billion current USD 143.69 billion current USD 321.87 billion current USD 10
1990s 304.04 billion current USD 287.96 billion current USD 325.13 billion current USD 10
2000s 500.77 billion current USD 320.09 billion current USD 705.92 billion current USD 10
2010s 687.98 billion current USD 633.83 billion current USD 752.29 billion current USD 10
2020s 871.73 billion current USD 778.40 billion current USD 997.31 billion current USD 5

Countries ranked near United States

  1. 2 China 313.66 billion current USD compare
  2. 3 Russia 148.97 billion current USD compare
  3. 4 Germany 88.46 billion current USD compare

See the full ranking of 211 places →

More public sector data for United States

All data for United States →

Frequently asked questions

What is military expenditure (current usd), gaps filled in United States?
Military expenditure (current usd), gaps filled in United States was 997.31 billion current USD in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), gaps filled recorded in United States?
The highest recorded value was 997.31 billion current USD in 2024.
What is the lowest military expenditure (current usd), gaps filled recorded in United States?
The lowest recorded value was 47.35 billion current USD in 1960.
How does United States rank for military expenditure (current usd), gaps filled?
United States ranks 1st out of 167 countries with data for 2024.
Is military expenditure (current usd), gaps filled rising or falling in United States?
Over the last ten years it is up 54.0%. The long-run trend across the full record is volatile.
Where does this United States 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 United States. Statizoid, drawing on Statizoid (derived). Retrieved 07 October 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-gaps-filled/united-states/

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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.