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Please create an employee account to be able to mark statistics as favorites. Profit from additional features by authenticating your Admin account. New, Figures and insights about the advertising and media world, Industry Outlook United States: Ratio of military spending to gross domestic product (GDP) from 2009 to 2019 [Graph]. Register in seconds and access exclusive features. The United States spends more on national defense than China, India, Russia, Saudi Arabia, France, Germany, United Kingdom, Japan, South Korea, and Brazil - combined. You only have access to basic statistics. This is not because U.S. defense spending has declined in real terms—the U.S. defense budget today is higher than it was at the peak of the Reagan buildup—it is because the U.S. economy has grown. In 2019, military expenditure in United States amounted to … Trump to NATO allies: Raise military spending to 4 percent of GDP. Statistics, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. This statistic shows the ratio of military expenditure to gross domestic product (GDP) of United States in from 2009 to 2019. Statista. Chart 2.23 : 20th Century Defense Spending This equates to just under $686 billion. The percent of GNP that the United States devotes to defense exceeds that of most of our allies. Even though we were spending three times as much on national defense in 1957—and even though we had lower taxes (17.2 percent of GDP then vs. 17.7 percent of GDP today) we ran a budget … If you continue to navigate this website beyond this page, cookies will be placed on your browser. ", World Bank, United States: Ratio of military spending to gross domestic product (GDP) from 2009 to 2019 Statista, https://www.statista.com/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/ (last visited April 21, 2021), United States: Ratio of military spending to gross domestic product (GDP) from 2009 to 2019, Total population of the United States 2025, Percentage of U.S. population as of 2016 and 2060, by race and Hispanic origin, Crude birth rate in the United States 2008-2018, Life expectancy in the United States 2018, Age distribution in the United States 2019, Gross domestic product (GDP) of the United States 2025, Gross domestic product (GDP) per capita in the United States 2025, United States share of global gross domestic product (GDP) 2025, Gross domestic product (GDP) growth rate in the United States 2025, Distribution of gross domestic product (GDP) across economic sectors in the U.S. 2017, Distribution of the workforce across economic sectors in the United States 2020, Unemployment rate in the United States 2020, Median household income in the United States 1990-2019, National debt in the US in relation to gross domestic product (GDP) 2025*, Ratio of military expenditure to gross domestic product (GDP) in United States 2019, Ratio of government expenditure to gross domestic product (GDP) in the United States, Budget balance in the United States in relation to gross domestic product (GDP) 2025, U.S. government - defense expenditures per capita 1995-2020, U.S. defense outlays and forecast 2000-2031, U.S. defense outlays and forecast as a percentage of the GDP 2000-2030, U.S. war costs in Iraq and Afghanistan 2003-2015, Fallen American soldiers in Iraq up to 2020, Deployment of U.S. troops in selected world regions 2020, Total monthly payment forecast of military retirees per person U.S. 2021-2031, Countries with the largest population 2019, Median age of the population in the top 20 countries 2021, Countries with the largest gross domestic product (GDP) 2020, Countries with the largest proportion of global gross domestic product (GDP) 2020, Countries with the largest gross domestic product (GDP) per capita 2020, Gross domestic product (GDP) growth forecast in selected countries until 2025, Proportions of economic sectors in GDP in selected countries 2019, Total number of U.S. coronavirus (COVID-19) cases and deaths as of April 18, 2021, Cumulative cases of COVID-19 in the U.S. from Jan. 20, 2020 to Apr. Please authenticate by going to "My account" → "Administration". Show publisher information, COVID-19 cases worldwide as of April 19, 2021, by country, Largest armies in the world by active military personnel 2021, Number of U.S. coronavirus (COVID-19) cases from Jan. 20, 2020-Apr. This feature is limited to our corporate solutions. (billed annually). Viewed from a GDP perspective, overall defense spending increased from about 3.5 percent GDP in 2000 to 5.7 percent of GDP in 2010-11. $39 per month* In fiscal 2016, total federal outlays were 21.5% of gross domestic product, or GDP. It can be helpful to look at spending as a share of the overall U.S. economy, which provides a consistent frame of reference over long periods. Military expenditure (current USD) - United States Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. @blur="hideNavigationItem"> In China, that falls to 2.1 percent. Facebook: number of monthly active users worldwide 2008-2020, Smartphone market share worldwide by vendor 2009-2020, Number of apps available in leading app stores 2020, Profit from additional features with an Employee Account. The last year in which defense spending hit 10 percent of GDP was 1968 at the height of the Vietnam War. New, Everything you need to know about the industry development, Health Market Outlook In contrast, the United States spends about 3.2 percent of GDP on defense, and China spends 1.3 percent. As of 2013, the Department of Defense was the third largest executive branch department and utilized 20% of the federal budget. The extent to which war influences military spending is demonstrated in this visualisation. The UK’s military spending as a percentage of GDP in peacetime fluctuates around 2.5%, in times of war however, military spending rises dramatically. It’s worth noting that data is missing for various countries in the Middle East, such as Yemen , which has been mired in a civil war since 2011. facts. The United States is just one of three nations that exceed the 2% threshold. At $730 billion in 2019, military spending accounted for more than 53 percent of the federal discretionary budget – the budget that Congress sets each year during its annual appropriations process. 18, 2021, by day, Number of COVID-19 deaths in the United States as of April 19, 2021, by state, U.S. adults who felt COVID-19 is a threat to health and the economy Mar. "United States: Ratio of military spending to gross domestic product (GDP) from 2009 to 2019." 18, 2021, by day. This site uses cookies to optimize functionality and give you the best possible experience. To learn more about cookies, click here. Directly accessible data for 170 industries from 50 countries In 2019, the U.S. military budget was more than 30 times larger than Iran’s. While the chart above illustrates last year’s defense spending in dollar terms, the United States has also historically devoted a larger share of its economy to defense than many of its key allies. New, Insights into the world’s most important health markets, Find studies from all around the internet. "United States: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2009 to 2019. Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. The demand by US president is in line with his rhetoric against members of key alliance for lack of defence spending. October 15, 2020. License : Use and distribution of these data are subject to Stockholm International Peace Research Institute (SIPRI) terms and conditions. Then you will be able to mark statistics as favourites and use personal statistics alerts. The United States remains the world’s largest defense spender in 2019, with its $732 billion representing 38 percent of global military spending, SIPRI has reported. In 2020 defense spending was $1,014.1 billion. Quick Analysis with our professional Research Service: Show sources information In 2019, military spending accounted for 3.4% of U.S. GDP. Accessed April 21, 2021. https://www.statista.com/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/, World Bank. World Bank. Are you interested in testing our corporate solutions? Gross domestic product (GDP) figures for the United States come from the Bureau of Economic Analysis (BEA). NATO's collective agreement in 2014 was for its 28 member countries to spend at least 2 percent of their gross domestic product on defense spending by 2024. Then you can access your favorite statistics via the star in the header. They both spent 3.8 percent of their GDP. In, World Bank. Iraq — 7.28% of GDP. 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Update, Insights into the world's most important technology markets, Advertising & Media Outlook Population: 38.1 million (37th in the world) The median age in Iraq is 19.9, and … Learn how the World Bank Group is helping countries with COVID-19 (coronavirus). As a share of GDP, Iran spends as much as Russia on defense, according to the IISS. The United States has the highest military spending of any nation. NATO - Defense Spending. Oct. 21 (UPI) --NATO countries' military spending grew in 2020 for the sixth straight year, but only 10 of 30 members spent two percent of GDP, a report on Wednesday said.The two percent … For most of the past several decades, federal spending has hovered within a few percentage points above or below 20%. By contrast, Washington's enormous military expenditure "only" amounts to 3.5 percent of GDP. Corporate solution including all features. Please log in to access our additional functions, *Duration: 12 months, billed annually, single license, The ideal entry-level account for individual users. This is usually anywhere from 1% to 3% of the world’s gross domestic product (GDP). ... former enemies and even allies do not pose a military threat to the United States. Its military spending includes all of the Department of Defense’s regular activities, war spending, nuclear weapons, international military assistance, and other Pentagon-related spending. Eight of the 15 countries with the highest military spending as a percentage of GDP are concentrated in the Middle East, with an average allocation of 4.5% of a nation’s GDP. In general, agencies like the U.S. Central Intelligence Agency estimate that military spending worldwide amounts to anywhere between 700 and 900 billion U.S. dollars (USD) annually. Defense spending in the United States has fluctuated in the last century, rising from one percent of GDP, peaking at 41 percent in World War II, declining from 10 percent in the Cold War to five percent today. At the height of the Second World War, the UK was spending around 53% of its GDP on its military. Military spending by GDP Map of military expenditures as a percentage of GDP by country, … Chart. Please contact us to get started with full access to dossiers, forecasts, studies and international data. China was the world's second-largest military spender in 2019, accounting for 14% of total … Another nation that has met this threshold is the United Kingdom, which spends 2.1% of its GDP on defense – or $55.2 million. In 1985~the latest year for which foreign data are available-the United States devoted 6.7 percent of its gross domestic product (GDP) to defense. Military expenditure (% of GDP) - United States Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. Find Out, Online tool for visualization and analysis. While the current U.S. military budget exceeds China’s military spending by 3-to-1 and Russia’s by more than 10-to-1, we must look beyond the size of the defense budget alone. Learn more about how Statista can support your business. The United States spends 3.6% of its GDP on defense. Conversely, the United States has seen its percentage of GDP spent on defense fall from an average of 7.4 percent during the Cold War to under four percent today. The 8 percent fall in U.S. military spending in 2013 resulted in a two percentage point fall in the global share, as military spending by the rest of the world increased 2 percent. Military expenditure (% of general government expenditure), Arms imports (SIPRI trend indicator values), Arms exports (SIPRI trend indicator values), Armed forces personnel (% of total labor force), International Comparison Program & Purchasing Power Parity, International Household Survey Network (IHSN), Trust Fund for Statistical Capacity Building. Please do not hesitate to contact me. Since then defense spending has declined to 4.4 percent GDP. Non-U.S, NATO allies averaged 3.5 percent, while Japan spent about 1 percent (see Table A-l). License : Use and distribution of these data are subject to Stockholm International Peace Research Institute (SIPRI) terms and conditions. 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