Military spending, annual growth rate in United States

United States: Military spending, annual growth rate was 2.72 % change on previous year in 2023. ◆ Volatile

Latest (2023)
2.72 % change on previous year
Change on year
down 24.5%
World rank
122nd
of 172 countries
All-time high
948.11 % change on previous year
in 1918
All-time low
-90.4 % change on previous year
in 1865
Years of data
206
1817–2023

Military spending, annual growth rate in United States, 1817–2023

02505007501.0k181719202023

Source: Statizoid (derived). Measured in % change on previous year.

Analysis

In 2023, military spending, annual growth rate in United States stood at 2.72 % change on previous year.

The figure is down 24.5% on the previous year and up 172.8% over ten years.

Over the whole period, military spending, annual growth rate in United States peaked at 948.11 % change on previous year in 1918 and was at its lowest, -90.4 % change on previous year, in 1865.

That places United States 122nd out of 172 countries with data for 2023, putting it in the middle of the range.

The series is highly variable year to year, so single readings are best treated with caution.

Military spending, annual growth rate in United States, year by year

Annual values for Military spending, annual growth rate in United States, 1817 to 2023.
Year % change on previous year Change
1817 -26.38 % change on previous year
1818 -6.56 % change on previous year -75.1%
1819 -8.66 % change on previous year +32.1%
1820 -7.8 % change on previous year -9.9%
1821 1.41 % change on previous year -118.1%
1822 -15.07 % change on previous year -1166.5%
1823 9.28 % change on previous year -161.6%
1824 6.11 % change on previous year -34.2%
1825 4.38 % change on previous year -28.4%
1826 12.45 % change on previous year +184.6%
1827 1.23 % change on previous year -90.1%
1828 10.22 % change on previous year +730.8%
1829 9.09 % change on previous year -11.0%
1830 -8.62 % change on previous year -194.9%
1831 28.01 % change on previous year -424.7%
1832 7.22 % change on previous year -74.2%
1833 7.25 % change on previous year +0.4%
1834 -2.58 % change on previous year -135.5%
1835 5.82 % change on previous year -325.8%
1836 -2.11 % change on previous year -136.2%
1837 11.22 % change on previous year -632.2%
1838 2.24 % change on previous year -80.1%
1839 -3.98 % change on previous year -277.9%
1840 13.35 % change on previous year -435.4%
1841 -0.0932 % change on previous year -100.7%
1842 1.82 % change on previous year -2052.3%
1843 -9.29 % change on previous year -610.7%
1844 12.8 % change on previous year -237.8%
1845 11.71 % change on previous year -8.5%
1846 212.44 % change on previous year +1714.2%
1847 -35.62 % change on previous year -116.8%
1848 8.89 % change on previous year -125.0%
1849 -20.96 % change on previous year -335.8%
1850 -9.62 % change on previous year -54.1%
1851 0.7928 % change on previous year -108.2%
1852 2.92 % change on previous year +268.5%
1853 3.43 % change on previous year +17.4%
1854 7.31 % change on previous year +113.2%
1855 3.57 % change on previous year -51.2%
1856 10.04 % change on previous year +181.1%
1857 -2.4 % change on previous year -123.9%
1858 6.4 % change on previous year -367.0%
1859 -0.7729 % change on previous year -112.1%
1860 7.03 % change on previous year -1009.7%
1862 55.86 % change on previous year +694.5%
1863 0.4309 % change on previous year -99.2%
1864 68.93 % change on previous year +15896.9%
1865 -90.4 % change on previous year -231.1%
1866 -12.63 % change on previous year -86.0%
1867 5.04 % change on previous year -139.9%
1868 -6.68 % change on previous year -232.5%
1869 -13.03 % change on previous year +95.0%
1870 -23.65 % change on previous year +81.6%
1871 -8.14 % change on previous year -65.6%
1872 1.27 % change on previous year -115.6%
1873 11.48 % change on previous year +805.1%
1874 -10.68 % change on previous year -193.0%
1875 -5.03 % change on previous year -52.9%
1876 0.1217 % change on previous year -102.4%
1877 -8.17 % change on previous year -6807.6%
1878 7.47 % change on previous year -191.5%
1879 -2.44 % change on previous year -132.6%
1880 -3.45 % change on previous year +41.5%
1881 1.52 % change on previous year -144.1%
1882 4.27 % change on previous year +180.8%
1883 2.47 % change on previous year -42.1%
1884 -0.7045 % change on previous year -128.5%
1885 -5.22 % change on previous year +640.8%
1886 9.26 % change on previous year -277.3%
1887 -2.58 % change on previous year -127.8%
1888 11.8 % change on previous year -558.3%
1889 6.99 % change on previous year -40.8%
1890 18.75 % change on previous year +168.4%
1891 -0.6715 % change on previous year -103.6%
1892 6.58 % change on previous year -1079.3%
1893 2.38 % change on previous year -63.8%
1894 5.06 % change on previous year +113.0%
1895 9.55 % change on previous year +88.6%
1896 8.14 % change on previous year -14.7%
1897 20.04 % change on previous year +146.1%
1898 113.42 % change on previous year +465.9%
1899 -8.14 % change on previous year -107.2%
1900 -6.66 % change on previous year -18.2%
1901 -10.55 % change on previous year +58.5%
1902 10.97 % change on previous year -204.0%
1903 -0.1734 % change on previous year -101.6%
1904 3.81 % change on previous year -2297.1%
1905 4.24 % change on previous year +11.2%
1906 -1.71 % change on previous year -140.3%
1907 8.71 % change on previous year -610.8%
1908 1.44 % change on previous year -83.5%
1909 11.59 % change on previous year +705.1%
1910 -8.66 % change on previous year -174.7%
1911 5.77 % change on previous year -166.6%
1912 -2.75 % change on previous year -147.7%
1913 10.39 % change on previous year -477.2%
1914 -18.32 % change on previous year -276.3%
1915 4.44 % change on previous year -124.2%
1916 -5.05 % change on previous year -213.7%
1917 98.24 % change on previous year -2046.4%
1918 948.11 % change on previous year +865.0%
1919 -13.74 % change on previous year -101.4%
1920 -84.13 % change on previous year +512.5%
1921 -11.45 % change on previous year -86.4%
1922 -19.2 % change on previous year +67.6%
1923 -15.64 % change on previous year -18.6%
1924 -20.47 % change on previous year +30.9%
1925 2.7 % change on previous year -113.2%
1926 -1.59 % change on previous year -159.1%
1927 2.04 % change on previous year -228.1%
1928 9.64 % change on previous year +372.4%
1929 3.47 % change on previous year -64.0%
1930 7.91 % change on previous year +128.1%
1931 -4.47 % change on previous year -156.5%
1932 4.93 % change on previous year -210.4%
1933 5.5 % change on previous year +11.6%
1934 25.67 % change on previous year +366.4%
1935 1.72 % change on previous year -93.3%
1936 10.13 % change on previous year +489.8%
1937 4.87 % change on previous year -51.9%
1938 14.18 % change on previous year +190.9%
1939 4.45 % change on previous year -68.6%
1940 14.1 % change on previous year +216.8%
1941 353.44 % change on previous year +2406.1%
1942 280.42 % change on previous year -20.7%
1943 156.15 % change on previous year -44.3%
1944 15.45 % change on previous year -90.1%
1945 -25.07 % change on previous year -262.3%
1946 -37.57 % change on previous year +49.8%
1947 -66.26 % change on previous year +76.4%
1948 -28.15 % change on previous year -57.5%
1949 14.29 % change on previous year -150.8%
1950 -0.3408 % change on previous year -102.4%
1951 105.98 % change on previous year -31199.8%
1952 53.64 % change on previous year -49.4%
1953 0.336 % change on previous year -99.4%
1954 -9.7 % change on previous year -2987.1%
1955 -11.94 % change on previous year +23.1%
1956 11.55 % change on previous year -196.8%
1957 -1.04 % change on previous year -109.0%
1958 -0.0373 % change on previous year -96.4%
1959 -7.11 % change on previous year +18970.2%
1960 -6.33 % change on previous year -10.9%
1961 9.64 % change on previous year -252.1%
1962 -0.4073 % change on previous year -104.2%
1963 -6.18 % change on previous year +1417.6%
1964 8.95 % change on previous year -244.8%
1965 0.5578 % change on previous year -93.8%
1966 16.62 % change on previous year +2879.1%
1967 12.53 % change on previous year -24.6%
1968 -0.4348 % change on previous year -103.5%
1969 -2.86 % change on previous year +557.7%
1970 -7.03 % change on previous year +145.8%
1971 -8.75 % change on previous year +24.4%
1972 -0.556 % change on previous year -93.6%
1973 -4.96 % change on previous year +792.3%
1974 -8.79 % change on previous year +77.1%
1975 -1.23 % change on previous year -86.0%
1976 -2.15 % change on previous year +74.7%
1977 2.19 % change on previous year -201.8%
1978 -0.8126 % change on previous year -137.1%
1979 5.15 % change on previous year -733.4%
1980 2.47 % change on previous year -52.0%
1981 6.91 % change on previous year +180.0%
1982 17.13 % change on previous year +147.7%
1983 1.4 % change on previous year -91.8%
1984 9.01 % change on previous year +545.3%
1985 9.59 % change on previous year +6.4%
1986 2.9 % change on previous year -69.7%
1987 -1.8 % change on previous year -162.0%
1988 -0.8749 % change on previous year -51.4%
1989 0.7909 % change on previous year -190.4%
1990 -4.31 % change on previous year -645.4%
1991 -10.73 % change on previous year +148.7%
1992 7.85 % change on previous year -173.1%
1993 -4.12 % change on previous year -152.5%
1994 0.2449 % change on previous year -105.9%
1995 -5.74 % change on previous year -2445.5%
1996 -6.73 % change on previous year +17.2%
1997 1.27 % change on previous year -118.8%
1998 2.32 % change on previous year +83.3%
1999 -0.2004 % change on previous year -108.6%
2000 3.01 % change on previous year -1603.8%
2001 8.71 % change on previous year +189.1%
2002 -1.09 % change on previous year -112.5%
2003 19.26 % change on previous year -1873.6%
2004 4.22 % change on previous year -78.1%
2005 4.71 % change on previous year +11.7%
2006 5.6 % change on previous year +18.8%
2007 3.79 % change on previous year -32.3%
2008 2.27 % change on previous year -40.0%
2009 1.66 % change on previous year -26.9%
2010 6 % change on previous year +261.0%
2011 0.8532 % change on previous year -85.8%
2012 -7.93 % change on previous year -1029.0%
2013 -3.73 % change on previous year -52.9%
2014 -4.75 % change on previous year +27.3%
2015 2.81 % change on previous year -159.1%
2016 1 % change on previous year -64.3%
2017 4.14 % change on previous year +313.3%
2018 8.82 % change on previous year +113.1%
2019 6.97 % change on previous year -21.0%
2020 10.36 % change on previous year +48.6%
2021 1.1 % change on previous year -89.4%
2022 3.6 % change on previous year +227.7%
2023 2.72 % change on previous year -24.5%

United States compared with similar countries

  • United States's 2.72 % change on previous year is below the median for high income countries, which is 5.57 % change on previous year, 49% of the median. (55 countries reporting)

Biggest year-on-year movements

Years where Military spending, annual growth rate in United States changed far more than this series normally does. A large move can be a real event or a change in how the figure was measured — the source note below says who published it.

YearChange FromTo
1951 +31199.8% -0.3408 % change on previous year 105.98 % change on previous year
1959 -18970.2% -0.0373 % change on previous year -7.11 % change on previous year
1864 +15896.9% 0.4309 % change on previous year 68.93 % change on previous year
1877 -6807.6% 0.1217 % change on previous year -8.17 % change on previous year
1954 -2987.1% 0.336 % change on previous year -9.7 % change on previous year
1966 +2879.1% 0.5578 % change on previous year 16.62 % change on previous year

Averages by decade

DecadeAverage LowestHighest Years
1810s -13.87 % change on previous year -26.38 % change on previous year -6.56 % change on previous year 3
1820s 3.13 % change on previous year -15.07 % change on previous year 12.45 % change on previous year 10
1830s 4.45 % change on previous year -8.62 % change on previous year 28.01 % change on previous year 10
1840s 19.5 % change on previous year -35.62 % change on previous year 212.44 % change on previous year 10
1850s 2.17 % change on previous year -9.62 % change on previous year 10.04 % change on previous year 10
1860s 1.62 % change on previous year -90.4 % change on previous year 68.93 % change on previous year 9
1870s -3.78 % change on previous year -23.65 % change on previous year 11.48 % change on previous year 10
1880s 2.44 % change on previous year -5.22 % change on previous year 11.8 % change on previous year 10
1890s 17.51 % change on previous year -8.14 % change on previous year 113.42 % change on previous year 10
1900s 2.17 % change on previous year -10.55 % change on previous year 11.59 % change on previous year 10
1910s 101.84 % change on previous year -18.32 % change on previous year 948.11 % change on previous year 10
1920s -13.46 % change on previous year -84.13 % change on previous year 9.64 % change on previous year 10
1930s 7.49 % change on previous year -4.47 % change on previous year 25.67 % change on previous year 10
1940s 67.68 % change on previous year -66.26 % change on previous year 353.44 % change on previous year 10
1950s 14.13 % change on previous year -11.94 % change on previous year 105.98 % change on previous year 10
1960s 3.21 % change on previous year -6.33 % change on previous year 16.62 % change on previous year 10
1970s -2.69 % change on previous year -8.79 % change on previous year 5.15 % change on previous year 10
1980s 4.75 % change on previous year -1.8 % change on previous year 17.13 % change on previous year 10
1990s -2.02 % change on previous year -10.73 % change on previous year 7.85 % change on previous year 10
2000s 5.22 % change on previous year -1.09 % change on previous year 19.26 % change on previous year 10
2010s 1.42 % change on previous year -7.93 % change on previous year 8.82 % change on previous year 10
2020s 4.44 % change on previous year 1.1 % change on previous year 10.36 % change on previous year 4

Countries ranked near United States

  1. 119 Trinidad and Tobago 2.96 % change on previous year compare
  2. 120 Serbia 2.81 % change on previous year compare
  3. 121 Botswana 2.8 % change on previous year compare
  4. 123 Philippines 2.68 % change on previous year compare
  5. 124 Panama 2.66 % change on previous year compare
  6. 125 Tanzania 2.65 % change on previous year compare

See the full ranking of 172 places →

More reference data data for United States

All data for United States →

Frequently asked questions

What is military spending, annual growth rate in United States?
Military spending, annual growth rate in United States was 2.72 % change on previous year in 2023, according to Statizoid (derived).
What is the highest military spending, annual growth rate recorded in United States?
The highest recorded value was 948.11 % change on previous year in 1918.
What is the lowest military spending, annual growth rate recorded in United States?
The lowest recorded value was -90.4 % change on previous year in 1865.
How does United States rank for military spending, annual growth rate?
United States ranks 122nd out of 172 countries with data for 2023.
Is military spending, annual growth rate rising or falling in United States?
Over the last ten years it is up 172.8%. The long-run trend across the full record is volatile.
Where does this United States data come from?
The figures come from Statizoid (derived), published as part of Military spending, annual growth rate. Statizoid updates them automatically from the source API.

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Military spending, annual growth rate in United States. Statizoid, drawing on Statizoid (derived). Retrieved 21 September 2026, from https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/united-states/

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<a href="https://reference.statizoid.com/stat/military-spending-annual-growth-rate-2/united-states/">Military spending, annual growth rate in United States</a> — Statizoid

How this figure is calculated

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.

Computed from

Statizoid computes this series; the underlying measurements belong to the publishers named above. The arithmetic is applied to every country and year where both inputs report, and nothing is estimated unless the page says so.

About this data

Indicator
Military spending, annual growth rate
Unit
% change on previous year
Source
Statizoid (derived)
Licence
Derived by Statizoid from the sources named on the page
Coverage
172 places, 15,188 data points, 1817–2023
Last refreshed

The year-on-year percentage change in Military spending. Computed from consecutive annual observations; years either side of a gap are skipped rather than bridged.