United States—Military Expenditure (USD)
Category: MilitarySource: World Bank World Development Indicators ↗Global Rank: #1 of 156Updated April 2026
Latest Value
$997.31B
2024
YoY Change
+8.9%
2023 → 2024
Global Rank
#1
of 156 countries
Maximum
$997.31B
2024
Minimum
$320.09B
2000
CAGR
+4.8%
25 years
Last
$997.31B
Previous
$916.01B
Highest
$997.31B
Lowest
$320.09B
Source
World Bank World Development Indicators
United States's military expenditure (usd) was $997.31B in 2024, ranking #1 out of 156 countries. This represents a +8.9% change from 2023. Over the past 25 years, the highest recorded value was $997.31B (2024) and the lowest was $320.09B (2000). Data sourced from the World Bank World Development Indicators.
Source: World Bank World Development Indicators
Historical Data
| Year | Value | Change |
|---|---|---|
| 2024 | $997.31B | +8.9% |
| 2023 | $916.01B | +6.4% |
| 2022 | $860.69B | +6.8% |
| 2021 | $806.23B | +3.6% |
| 2020 | $778.40B | +6.0% |
| 2019 | $734.34B | +7.6% |
| 2018 | $682.49B | +5.5% |
| 2017 | $646.75B | +1.1% |
| 2016 | $639.86B | +1.0% |
| 2015 | $633.83B | -2.2% |
| 2014 | $647.79B | -4.6% |
| 2013 | $679.23B | -6.3% |
| 2012 | $725.21B | -3.6% |
| 2011 | $752.29B | +1.9% |
| 2010 | $738.00B | +4.5% |
| 2009 | $705.92B | +7.5% |
| 2008 | $656.76B | +11.4% |
| 2007 | $589.59B | +5.6% |
| 2006 | $558.34B | +4.7% |
| 2005 | $533.20B | +8.2% |
| 2004 | $493.00B | +11.9% |
| 2003 | $440.53B | +16.4% |
| 2002 | $378.46B | +14.1% |
| 2001 | $331.81B | +3.7% |
| 2000 | $320.09B |
Top Countries — Military Expenditure (USD)
| # | Country | Value | Year |
|---|---|---|---|
| 1 | United States | $997.31B | 2024 |
| 2 | China | $313.66B | 2024 |
| 3 | Russian Federation | $148.97B | 2024 |
| 4 | Germany | $88.46B | 2024 |
| 5 | India | $86.13B | 2024 |
| 6 | United Kingdom | $81.76B | 2024 |
| 7 | Saudi Arabia | $80.33B | 2024 |
| 8 | Ukraine | $64.70B | 2024 |
| 9 | France | $64.68B | 2024 |
| 10 | Japan | $55.27B | 2024 |