Military expenditure (current USD), per unit of GDP in North America

North America: Military expenditure (current USD), per unit of GDP was 0.0325 current USD per US$ of GDP in 2024. ▼ Falling

Latest (2024)
0.0325 current USD per US$ of GDP
Change on year
up 3.5%
Rank
5th
of 41 groups
All-time high
0.0872 current USD per US$ of GDP
in 1962
All-time low
0.0297 current USD per US$ of GDP
in 1999
Years of data
65
1960–2024

Military expenditure (current USD), per unit of GDP in North America, 1960–2024

0.020.040.060.08196019922024

Source: Statizoid (derived). Measured in current USD per US$ of GDP.

Analysis

In 2024, military expenditure (current usd), per unit of gdp in North America stood at 0.0325 current USD per US$ of GDP.

That represents a change of up 3.5% on the previous year and down 5.1% over ten years.

Over the whole period, military expenditure (current usd), per unit of gdp in North America peaked at 0.0872 current USD per US$ of GDP in 1962 and was at its lowest, 0.0297 current USD per US$ of GDP, in 1999.

North America ranks 5th of 41 groups on this measure, in the top 10%.

The long-run direction has been consistently falling across the 65 years of available data.

Military expenditure (current USD), per unit of GDP in North America, year by year

Annual values for Military expenditure (current USD), per unit of GDP in North America, 1960 to 2024.
Year current USD per US$ of GDP Change
1960 0.0842 current USD per US$ of GDP
1961 0.0855 current USD per US$ of GDP +1.6%
1962 0.0872 current USD per US$ of GDP +2.0%
1963 0.0823 current USD per US$ of GDP -5.6%
1964 0.0751 current USD per US$ of GDP -8.8%
1965 0.0705 current USD per US$ of GDP -6.1%
1966 0.0778 current USD per US$ of GDP +10.5%
1967 0.0866 current USD per US$ of GDP +11.3%
1968 0.0851 current USD per US$ of GDP -1.8%
1969 0.0791 current USD per US$ of GDP -7.0%
1970 0.0734 current USD per US$ of GDP -7.2%
1971 0.0635 current USD per US$ of GDP -13.5%
1972 0.0595 current USD per US$ of GDP -6.2%
1973 0.0538 current USD per US$ of GDP -9.6%
1974 0.054 current USD per US$ of GDP +0.3%
1975 0.0512 current USD per US$ of GDP -5.1%
1976 0.0472 current USD per US$ of GDP -7.8%
1977 0.0472 current USD per US$ of GDP +0.0%
1978 0.0456 current USD per US$ of GDP -3.4%
1979 0.0456 current USD per US$ of GDP -0.1%
1980 0.0474 current USD per US$ of GDP +3.9%
1981 0.0517 current USD per US$ of GDP +9.1%
1982 0.0622 current USD per US$ of GDP +20.4%
1983 0.0579 current USD per US$ of GDP -6.9%
1984 0.0574 current USD per US$ of GDP -0.8%
1985 0.0594 current USD per US$ of GDP +3.4%
1986 0.0612 current USD per US$ of GDP +2.9%
1987 0.0591 current USD per US$ of GDP -3.3%
1988 0.0556 current USD per US$ of GDP -6.0%
1989 0.0536 current USD per US$ of GDP -3.7%
1990 0.0513 current USD per US$ of GDP -4.2%
1991 0.0459 current USD per US$ of GDP -10.6%
1992 0.0472 current USD per US$ of GDP +2.9%
1993 0.044 current USD per US$ of GDP -6.9%
1994 0.0404 current USD per US$ of GDP -8.2%
1995 0.037 current USD per US$ of GDP -8.4%
1996 0.0341 current USD per US$ of GDP -7.9%
1997 0.0326 current USD per US$ of GDP -4.3%
1998 0.0308 current USD per US$ of GDP -5.5%
1999 0.0297 current USD per US$ of GDP -3.6%
2000 0.0299 current USD per US$ of GDP +0.5%
2001 0.03 current USD per US$ of GDP +0.6%
2002 0.0331 current USD per US$ of GDP +10.2%
2003 0.0365 current USD per US$ of GDP +10.2%
2004 0.0381 current USD per US$ of GDP +4.4%
2005 0.0384 current USD per US$ of GDP +0.9%
2006 0.0379 current USD per US$ of GDP -1.5%
2007 0.0381 current USD per US$ of GDP +0.5%
2008 0.0414 current USD per US$ of GDP +8.8%
2009 0.0457 current USD per US$ of GDP +10.4%
2010 0.0454 current USD per US$ of GDP -0.6%
2011 0.0445 current USD per US$ of GDP -2.1%
2012 0.0412 current USD per US$ of GDP -7.3%
2013 0.0372 current USD per US$ of GDP -9.6%
2014 0.0343 current USD per US$ of GDP -8.0%
2015 0.0328 current USD per US$ of GDP -4.2%
2016 0.0323 current USD per US$ of GDP -1.5%
2017 0.0315 current USD per US$ of GDP -2.7%
2018 0.0315 current USD per US$ of GDP +0.1%
2019 0.0325 current USD per US$ of GDP +3.1%
2020 0.0348 current USD per US$ of GDP +7.1%
2021 0.0323 current USD per US$ of GDP -7.2%
2022 0.0314 current USD per US$ of GDP -2.9%
2023 0.0314 current USD per US$ of GDP +0.2%
2024 0.0325 current USD per US$ of GDP +3.5%

Averages by decade

DecadeAverage LowestHighest Years
1960s 0.0813 current USD per US$ of GDP 0.0705 current USD per US$ of GDP 0.0872 current USD per US$ of GDP 10
1970s 0.0541 current USD per US$ of GDP 0.0456 current USD per US$ of GDP 0.0734 current USD per US$ of GDP 10
1980s 0.0566 current USD per US$ of GDP 0.0474 current USD per US$ of GDP 0.0622 current USD per US$ of GDP 10
1990s 0.0393 current USD per US$ of GDP 0.0297 current USD per US$ of GDP 0.0513 current USD per US$ of GDP 10
2000s 0.0369 current USD per US$ of GDP 0.0299 current USD per US$ of GDP 0.0457 current USD per US$ of GDP 10
2010s 0.0363 current USD per US$ of GDP 0.0315 current USD per US$ of GDP 0.0454 current USD per US$ of GDP 10
2020s 0.0325 current USD per US$ of GDP 0.0314 current USD per US$ of GDP 0.0348 current USD per US$ of GDP 5

Countries ranked near North America

  1. 2 Eritrea 0.2087 current USD per US$ of GDP compare
  2. 3 South Sudan 0.096 current USD per US$ of GDP compare
  3. 4 Israel 0.0858 current USD per US$ of GDP compare
  4. 5 Algeria 0.081 current USD per US$ of GDP compare
  5. 6 Russian Federation 0.0681 current USD per US$ of GDP compare
  6. 7 Myanmar 0.0677 current USD per US$ of GDP compare
  7. 8 Qatar 0.0654 current USD per US$ of GDP compare

See the full ranking of 210 places →

More public sector data for North America

All data for North America →

Frequently asked questions

What is military expenditure (current usd), per unit of gdp in North America?
Military expenditure (current usd), per unit of gdp in North America was 0.0325 current USD per US$ of GDP in 2024, according to Statizoid (derived).
What is the highest military expenditure (current usd), per unit of gdp recorded in North America?
The highest recorded value was 0.0872 current USD per US$ of GDP in 1962.
What is the lowest military expenditure (current usd), per unit of gdp recorded in North America?
The lowest recorded value was 0.0297 current USD per US$ of GDP in 1999.
How does North America rank for military expenditure (current usd), per unit of gdp?
North America ranks 5th out of 41 groups with data for 2024.
Is military expenditure (current usd), per unit of gdp rising or falling in North America?
Over the last ten years it is down 5.1%. The long-run trend across the full record is falling.
Where does this North America data come from?
The figures come from Statizoid (derived), published as part of Military expenditure (current USD), per unit of GDP. Statizoid updates them automatically from the source API.

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Military expenditure (current USD), per unit of GDP in North America. Statizoid, drawing on Statizoid (derived). Retrieved 31 August 2026, from https://public-sector.statizoid.com/stat/military-expenditure-current-usd-per-unit-of-gdp/north-america/

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How this figure is calculated

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.

Military expenditure (current USD) ÷ GDP (current US$)

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), per unit of GDP
Unit
current USD per US$ of GDP
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
210 places, 10,381 data points, 1960–2024
Last refreshed

Military expenditure (current USD) divided by GDP (current US$), matched on country and year. Neither publisher issues this ratio as a series; it is computed here from both.