Military Expenditure in the United States increased to 718689 USD Million in 2019 from 682491 USD Million in 2018. source: SIPRI

Military Expenditure in the United States averaged 539424.24 USD Million from 1949 until 2019, reaching an all time high of 849867 USD Million in 2010 and a record low of 144966 USD Million in 1949. United States Military Expenditure - values, historical data and charts - was last updated on May 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
718689.00 682491.00 849867.00 144966.00 1949 - 2019 USD Million Yearly
constant 2018 prices

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 107.60 106.90 118.90 31.80 percent [+]
Government Budget -4.60 -3.80 4.50 -9.80 percent of GDP [+]
Government Budget Value -226000.00 -660000.00 214255.00 -864074.00 USD Million [+]
Government Spending 3371.51 3320.36 3371.51 599.63 USD Billion [+]
Government Revenues 439186.00 267614.00 563496.00 33111.00 USD Million [+]
Government Debt 28174714.00 28132570.00 28174714.00 60000.00 USD Million [+]
Fiscal Expenditure 664766.00 927206.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 191367.00 214249.00 214249.00 24616.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 718689.00 682491.00 849867.00 144966.00 USD Million [+]
Government Spending To GDP 44.00 35.68 44.00 33.40 percent [+]