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United StatesMilitary Spending (% of GDP)

Category: MilitarySource: World Bank World Development IndicatorsGlobal Rank: #20 of 153
Latest Value
3.4%
2024
YoY Change
+3.5%
20232024
Global Rank
#20
of 153 countries
Maximum
4.9%
2010
Minimum
3.1%
2000
CAGR
+0.4%
25 years
Last
3.4%
Previous
3.3%
Highest
4.9%
Lowest
3.1%
Source
World Bank World Development Indicators
Source: World Bank World Development Indicators

Historical Data

YearValueChange
20243.4%+3.5%
20233.3%-0.2%
20223.3%-2.8%
20213.4%-6.6%
20203.6%+6.9%
20193.4%+3.2%
20183.3%+0.2%
20173.3%-3.1%
20163.4%-1.8%
20153.5%-5.8%
20143.7%-8.6%
20134.0%-9.8%
20124.5%-7.5%
20114.8%-1.7%
20104.9%+0.6%
20094.9%+9.7%
20084.4%+9.2%
20074.1%+0.8%
20064.0%-1.2%
20054.1%+1.8%
20044.0%+4.9%
20033.8%+11.0%
20023.4%+10.4%
20013.1%+0.4%
20003.1%

Top Countries — Military Spending (% of GDP)

#CountryValueYear
1Ukraine34.5%2024
2Israel8.8%2024
3Algeria8.0%2024
4Saudi Arabia7.3%2024
5Russian Federation7.1%2024
6Myanmar6.8%2024
7Qatar6.5%2022
8Oman5.6%2024
9Armenia5.5%2024
10Libya5.3%2023
View all 153 countries →

About This Indicator

Definition

Military expenditure by country as percentage of gross domestic product

Methodology

Data compiled by SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases.

Source: World Bank - World Development IndicatorsView original source →