Military Expenditure in the United States increased to 766583 USD Million in 2020 from 734344 USD Million in 2019. source: SIPRI

Military Expenditure in the United States averaged 552255.51 USD Million from 1949 until 2020, reaching an all time high of 865268 USD Million in 2010 and a record low of 147593 USD Million in 1949. United States Military Expenditure - values, historical data and charts - was last updated on August of 2021.

Military Expenditure in the United States is expected to reach 771393.59 USD Million by the end of 2021, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Military Expenditure is projected to trend around 771393.59 USD Million in 2022, according to our econometric models.

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United States  Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
766583.00 734344.00 865268.00 147593.00 1949 - 2020 USD Million Yearly
Constant 2019 prices

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 107.60 106.90 118.90 31.80 percent of GDP [+]
Government Budget -14.90 -4.60 4.50 -14.90 percent of GDP [+]
Government Budget Value -174161.00 -131953.00 214255.00 -864074.00 USD Million [+]
Government Spending 3378.01 3390.92 3390.92 599.63 USD Billion [+]
Government Revenues 449000.00 463745.00 563496.00 33111.00 USD Million [+]
Government Debt 28529436.00 28199008.00 28529436.00 60000.00 USD Million [+]
Fiscal Expenditure 623359.00 595698.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 191367.00 214249.00 214249.00 24616.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 766583.00 734344.00 865268.00 147593.00 USD Million [+]
Government Spending To GDP 44.00 35.68 44.00 33.40 percent of GDP [+]