Military spending in United States

United States: Military spending was 1.06 trillion constant 2022 US$ in 2023. ◆ Volatile

Latest (2023)
1.06 trillion constant 2022 US$
Change on year
up 2.7%
World rank
1st
of 172 countries
All-time high
1.13 trillion constant 2022 US$
in 1944
All-time low
126.12 million constant 2022 US$
in 1822
Years of data
208
1816–2023

Military spending in United States, 1816–2023

0250.0B500.0B750.0B1.0T1.2T181619192023

Source: Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Measured in constant 2022 US$.

Analysis

In 2023, military spending in United States stood at 1.06 trillion constant 2022 US$.

That represents a change of up 2.7% on the previous year and up 42.3% over ten years.

Over the whole period, military spending in United States peaked at 1.13 trillion constant 2022 US$ in 1944 and was at its lowest, 126.12 million constant 2022 US$, in 1822.

United States ranks 1st of 172 countries on this measure, in the top 10%.

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

Military spending in United States, year by year

Annual values for Military spending in United States, 1816 to 2023.
Year constant 2022 US$ Change
1816 252.77 million constant 2022 US$
1817 186.08 million constant 2022 US$ -26.4%
1818 173.88 million constant 2022 US$ -6.6%
1819 158.82 million constant 2022 US$ -8.7%
1820 146.43 million constant 2022 US$ -7.8%
1821 148.50 million constant 2022 US$ +1.4%
1822 126.12 million constant 2022 US$ -15.1%
1823 137.83 million constant 2022 US$ +9.3%
1824 146.25 million constant 2022 US$ +6.1%
1825 152.65 million constant 2022 US$ +4.4%
1826 171.65 million constant 2022 US$ +12.5%
1827 173.76 million constant 2022 US$ +1.2%
1828 191.52 million constant 2022 US$ +10.2%
1829 208.93 million constant 2022 US$ +9.1%
1830 190.91 million constant 2022 US$ -8.6%
1831 244.38 million constant 2022 US$ +28.0%
1832 262.02 million constant 2022 US$ +7.2%
1833 281.02 million constant 2022 US$ +7.2%
1834 273.78 million constant 2022 US$ -2.6%
1835 289.70 million constant 2022 US$ +5.8%
1836 283.59 million constant 2022 US$ -2.1%
1837 315.41 million constant 2022 US$ +11.2%
1838 322.47 million constant 2022 US$ +2.2%
1839 309.63 million constant 2022 US$ -4.0%
1840 350.96 million constant 2022 US$ +13.3%
1841 350.63 million constant 2022 US$ -0.1%
1842 357.01 million constant 2022 US$ +1.8%
1843 323.85 million constant 2022 US$ -9.3%
1844 365.31 million constant 2022 US$ +12.8%
1845 408.09 million constant 2022 US$ +11.7%
1846 1.28 billion constant 2022 US$ +212.4%
1847 820.92 million constant 2022 US$ -35.6%
1848 893.91 million constant 2022 US$ +8.9%
1849 706.53 million constant 2022 US$ -21.0%
1850 638.59 million constant 2022 US$ -9.6%
1851 643.66 million constant 2022 US$ +0.8%
1852 662.46 million constant 2022 US$ +2.9%
1853 685.19 million constant 2022 US$ +3.4%
1854 735.31 million constant 2022 US$ +7.3%
1855 761.56 million constant 2022 US$ +3.6%
1856 837.99 million constant 2022 US$ +10.0%
1857 817.91 million constant 2022 US$ -2.4%
1858 870.23 million constant 2022 US$ +6.4%
1859 863.50 million constant 2022 US$ -0.8%
1860 924.21 million constant 2022 US$ +7.0%
1861 10.29 billion constant 2022 US$ +1013.2%
1862 16.04 billion constant 2022 US$ +55.9%
1863 16.10 billion constant 2022 US$ +0.4%
1864 27.21 billion constant 2022 US$ +68.9%
1865 2.61 billion constant 2022 US$ -90.4%
1866 2.28 billion constant 2022 US$ -12.6%
1867 2.40 billion constant 2022 US$ +5.0%
1868 2.24 billion constant 2022 US$ -6.7%
1869 1.94 billion constant 2022 US$ -13.0%
1870 1.48 billion constant 2022 US$ -23.6%
1871 1.36 billion constant 2022 US$ -8.1%
1872 1.38 billion constant 2022 US$ +1.3%
1873 1.54 billion constant 2022 US$ +11.5%
1874 1.38 billion constant 2022 US$ -10.7%
1875 1.31 billion constant 2022 US$ -5.0%
1876 1.31 billion constant 2022 US$ +0.1%
1877 1.20 billion constant 2022 US$ -8.2%
1878 1.29 billion constant 2022 US$ +7.5%
1879 1.26 billion constant 2022 US$ -2.4%
1880 1.22 billion constant 2022 US$ -3.4%
1881 1.23 billion constant 2022 US$ +1.5%
1882 1.29 billion constant 2022 US$ +4.3%
1883 1.32 billion constant 2022 US$ +2.5%
1884 1.31 billion constant 2022 US$ -0.7%
1885 1.24 billion constant 2022 US$ -5.2%
1886 1.36 billion constant 2022 US$ +9.3%
1887 1.32 billion constant 2022 US$ -2.6%
1888 1.48 billion constant 2022 US$ +11.8%
1889 1.58 billion constant 2022 US$ +7.0%
1890 1.88 billion constant 2022 US$ +18.7%
1891 1.86 billion constant 2022 US$ -0.7%
1892 1.99 billion constant 2022 US$ +6.6%
1893 2.03 billion constant 2022 US$ +2.4%
1894 2.14 billion constant 2022 US$ +5.1%
1895 2.34 billion constant 2022 US$ +9.5%
1896 2.53 billion constant 2022 US$ +8.1%
1897 3.04 billion constant 2022 US$ +20.0%
1898 6.48 billion constant 2022 US$ +113.4%
1899 5.96 billion constant 2022 US$ -8.1%
1900 5.56 billion constant 2022 US$ -6.7%
1901 4.97 billion constant 2022 US$ -10.6%
1902 5.52 billion constant 2022 US$ +11.0%
1903 5.51 billion constant 2022 US$ -0.2%
1904 5.72 billion constant 2022 US$ +3.8%
1905 5.96 billion constant 2022 US$ +4.2%
1906 5.86 billion constant 2022 US$ -1.7%
1907 6.37 billion constant 2022 US$ +8.7%
1908 6.46 billion constant 2022 US$ +1.4%
1909 7.21 billion constant 2022 US$ +11.6%
1910 6.59 billion constant 2022 US$ -8.7%
1911 6.97 billion constant 2022 US$ +5.8%
1912 6.77 billion constant 2022 US$ -2.8%
1913 7.48 billion constant 2022 US$ +10.4%
1914 6.11 billion constant 2022 US$ -18.3%
1915 6.38 billion constant 2022 US$ +4.4%
1916 6.06 billion constant 2022 US$ -5.0%
1917 12.01 billion constant 2022 US$ +98.2%
1918 125.87 billion constant 2022 US$ +948.1%
1919 108.58 billion constant 2022 US$ -13.7%
1920 17.24 billion constant 2022 US$ -84.1%
1921 15.26 billion constant 2022 US$ -11.5%
1922 12.33 billion constant 2022 US$ -19.2%
1923 10.40 billion constant 2022 US$ -15.6%
1924 8.27 billion constant 2022 US$ -20.5%
1925 8.50 billion constant 2022 US$ +2.7%
1926 8.36 billion constant 2022 US$ -1.6%
1927 8.53 billion constant 2022 US$ +2.0%
1928 9.35 billion constant 2022 US$ +9.6%
1929 9.68 billion constant 2022 US$ +3.5%
1930 10.44 billion constant 2022 US$ +7.9%
1931 9.98 billion constant 2022 US$ -4.5%
1932 10.47 billion constant 2022 US$ +4.9%
1933 11.05 billion constant 2022 US$ +5.5%
1934 13.88 billion constant 2022 US$ +25.7%
1935 14.12 billion constant 2022 US$ +1.7%
1936 15.55 billion constant 2022 US$ +10.1%
1937 16.31 billion constant 2022 US$ +4.9%
1938 18.62 billion constant 2022 US$ +14.2%
1939 19.45 billion constant 2022 US$ +4.5%
1940 22.19 billion constant 2022 US$ +14.1%
1941 100.63 billion constant 2022 US$ +353.4%
1942 382.81 billion constant 2022 US$ +280.4%
1943 980.57 billion constant 2022 US$ +156.2%
1944 1.13 trillion constant 2022 US$ +15.5%
1945 848.23 billion constant 2022 US$ -25.1%
1946 529.56 billion constant 2022 US$ -37.6%
1947 178.67 billion constant 2022 US$ -66.3%
1948 128.39 billion constant 2022 US$ -28.1%
1949 146.73 billion constant 2022 US$ +14.3%
1950 146.23 billion constant 2022 US$ -0.3%
1951 301.20 billion constant 2022 US$ +106.0%
1952 462.75 billion constant 2022 US$ +53.6%
1953 464.31 billion constant 2022 US$ +0.3%
1954 419.26 billion constant 2022 US$ -9.7%
1955 369.20 billion constant 2022 US$ -11.9%
1956 411.86 billion constant 2022 US$ +11.6%
1957 407.59 billion constant 2022 US$ -1.0%
1958 407.44 billion constant 2022 US$ -0.0%
1959 378.46 billion constant 2022 US$ -7.1%
1960 354.49 billion constant 2022 US$ -6.3%
1961 388.65 billion constant 2022 US$ +9.6%
1962 387.07 billion constant 2022 US$ -0.4%
1963 363.14 billion constant 2022 US$ -6.2%
1964 395.64 billion constant 2022 US$ +8.9%
1965 397.84 billion constant 2022 US$ +0.6%
1966 463.96 billion constant 2022 US$ +16.6%
1967 522.11 billion constant 2022 US$ +12.5%
1968 519.84 billion constant 2022 US$ -0.4%
1969 504.97 billion constant 2022 US$ -2.9%
1970 469.48 billion constant 2022 US$ -7.0%
1971 428.42 billion constant 2022 US$ -8.7%
1972 426.04 billion constant 2022 US$ -0.6%
1973 404.90 billion constant 2022 US$ -5.0%
1974 369.32 billion constant 2022 US$ -8.8%
1975 364.77 billion constant 2022 US$ -1.2%
1976 356.93 billion constant 2022 US$ -2.2%
1977 364.74 billion constant 2022 US$ +2.2%
1978 361.78 billion constant 2022 US$ -0.8%
1979 380.40 billion constant 2022 US$ +5.1%
1980 389.79 billion constant 2022 US$ +2.5%
1981 416.74 billion constant 2022 US$ +6.9%
1982 488.12 billion constant 2022 US$ +17.1%
1983 494.94 billion constant 2022 US$ +1.4%
1984 539.54 billion constant 2022 US$ +9.0%
1985 591.26 billion constant 2022 US$ +9.6%
1986 608.43 billion constant 2022 US$ +2.9%
1987 597.47 billion constant 2022 US$ -1.8%
1988 592.24 billion constant 2022 US$ -0.9%
1989 596.93 billion constant 2022 US$ +0.8%
1990 571.18 billion constant 2022 US$ -4.3%
1991 509.90 billion constant 2022 US$ -10.7%
1992 549.91 billion constant 2022 US$ +7.8%
1993 527.26 billion constant 2022 US$ -4.1%
1994 528.55 billion constant 2022 US$ +0.2%
1995 498.20 billion constant 2022 US$ -5.7%
1996 464.68 billion constant 2022 US$ -6.7%
1997 470.56 billion constant 2022 US$ +1.3%
1998 481.48 billion constant 2022 US$ +2.3%
1999 480.51 billion constant 2022 US$ -0.2%
2000 495.00 billion constant 2022 US$ +3.0%
2001 538.13 billion constant 2022 US$ +8.7%
2002 532.29 billion constant 2022 US$ -1.1%
2003 634.83 billion constant 2022 US$ +19.3%
2004 661.61 billion constant 2022 US$ +4.2%
2005 692.79 billion constant 2022 US$ +4.7%
2006 731.59 billion constant 2022 US$ +5.6%
2007 759.31 billion constant 2022 US$ +3.8%
2008 776.58 billion constant 2022 US$ +2.3%
2009 789.49 billion constant 2022 US$ +1.7%
2010 836.88 billion constant 2022 US$ +6.0%
2011 844.02 billion constant 2022 US$ +0.9%
2012 777.13 billion constant 2022 US$ -7.9%
2013 748.12 billion constant 2022 US$ -3.7%
2014 712.55 billion constant 2022 US$ -4.8%
2015 732.56 billion constant 2022 US$ +2.8%
2016 739.90 billion constant 2022 US$ +1.0%
2017 770.54 billion constant 2022 US$ +4.1%
2018 838.53 billion constant 2022 US$ +8.8%
2019 896.96 billion constant 2022 US$ +7.0%
2020 989.87 billion constant 2022 US$ +10.4%
2021 1.00 trillion constant 2022 US$ +1.1%
2022 1.04 trillion constant 2022 US$ +3.6%
2023 1.06 trillion constant 2022 US$ +2.7%

United States compared with similar countries

  • United States's 1.06 trillion constant 2022 US$ is above the median for high income countries, which is 6.50 billion constant 2022 US$, 163.8× the median. (55 countries reporting)

Biggest year-on-year movements

Years where Military spending 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
1861 +1013.2% 924.21 million constant 2022 US$ 10.29 billion constant 2022 US$
1918 +948.1% 12.01 billion constant 2022 US$ 125.87 billion constant 2022 US$
1941 +353.4% 22.19 billion constant 2022 US$ 100.63 billion constant 2022 US$
1942 +280.4% 100.63 billion constant 2022 US$ 382.81 billion constant 2022 US$
1846 +212.4% 408.09 million constant 2022 US$ 1.28 billion constant 2022 US$
1943 +156.2% 382.81 billion constant 2022 US$ 980.57 billion constant 2022 US$

Averages by decade

DecadeAverage LowestHighest Years
1810s 192.89 million constant 2022 US$ 158.82 million constant 2022 US$ 252.77 million constant 2022 US$ 4
1820s 160.36 million constant 2022 US$ 126.12 million constant 2022 US$ 208.93 million constant 2022 US$ 10
1830s 277.29 million constant 2022 US$ 190.91 million constant 2022 US$ 322.47 million constant 2022 US$ 10
1840s 585.22 million constant 2022 US$ 323.85 million constant 2022 US$ 1.28 billion constant 2022 US$ 10
1850s 751.64 million constant 2022 US$ 638.59 million constant 2022 US$ 870.23 million constant 2022 US$ 10
1860s 8.20 billion constant 2022 US$ 924.21 million constant 2022 US$ 27.21 billion constant 2022 US$ 10
1870s 1.35 billion constant 2022 US$ 1.20 billion constant 2022 US$ 1.54 billion constant 2022 US$ 10
1880s 1.33 billion constant 2022 US$ 1.22 billion constant 2022 US$ 1.58 billion constant 2022 US$ 10
1890s 3.02 billion constant 2022 US$ 1.86 billion constant 2022 US$ 6.48 billion constant 2022 US$ 10
1900s 5.91 billion constant 2022 US$ 4.97 billion constant 2022 US$ 7.21 billion constant 2022 US$ 10
1910s 29.28 billion constant 2022 US$ 6.06 billion constant 2022 US$ 125.87 billion constant 2022 US$ 10
1920s 10.79 billion constant 2022 US$ 8.27 billion constant 2022 US$ 17.24 billion constant 2022 US$ 10
1930s 13.99 billion constant 2022 US$ 9.98 billion constant 2022 US$ 19.45 billion constant 2022 US$ 10
1940s 444.98 billion constant 2022 US$ 22.19 billion constant 2022 US$ 1.13 trillion constant 2022 US$ 10
1950s 376.83 billion constant 2022 US$ 146.23 billion constant 2022 US$ 464.31 billion constant 2022 US$ 10
1960s 429.77 billion constant 2022 US$ 354.49 billion constant 2022 US$ 522.11 billion constant 2022 US$ 10
1970s 392.68 billion constant 2022 US$ 356.93 billion constant 2022 US$ 469.48 billion constant 2022 US$ 10
1980s 531.55 billion constant 2022 US$ 389.79 billion constant 2022 US$ 608.43 billion constant 2022 US$ 10
1990s 508.22 billion constant 2022 US$ 464.68 billion constant 2022 US$ 571.18 billion constant 2022 US$ 10
2000s 661.16 billion constant 2022 US$ 495.00 billion constant 2022 US$ 789.49 billion constant 2022 US$ 10
2010s 789.72 billion constant 2022 US$ 712.55 billion constant 2022 US$ 896.96 billion constant 2022 US$ 10
2020s 1.02 trillion constant 2022 US$ 989.87 billion constant 2022 US$ 1.06 trillion constant 2022 US$ 4

Countries ranked near United States

  1. 2 China 349.48 billion constant 2022 US$ compare
  2. 3 Russia 120.26 billion constant 2022 US$ compare
  3. 4 India 95.30 billion constant 2022 US$ 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 in United States?
Military spending in United States was 1.06 trillion constant 2022 US$ in 2023, according to Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data.
What is the highest military spending recorded in United States?
The highest recorded value was 1.13 trillion constant 2022 US$ in 1944.
What is the lowest military spending recorded in United States?
The lowest recorded value was 126.12 million constant 2022 US$ in 1822.
How does United States rank for military spending?
United States ranks 1st out of 172 countries with data for 2023.
Is military spending rising or falling in United States?
Over the last ten years it is up 42.3%. The long-run trend across the full record is volatile.
Where does this United States data come from?
The figures come from Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data, published as part of Military spending. Statizoid updates them automatically from the source API.

Download this data

CSV · JSON — 208 observations, free to reuse under CC BY 4.0 (Our World in Data).

Share, cite or embed this page

Cite this page

Military spending in United States. Statizoid, drawing on Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data. Retrieved 23 September 2026, from https://reference.statizoid.com/stat/military-spending-gmsd/united-states/

Embed or link this data

Paste this into a page to link back to these figures. The data itself is free to reuse under CC BY 4.0 (Our World in Data); please keep the attribution.

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

About this data

Indicator
Military spending
Unit
constant 2022 US$
Source
Barnum et al. – Global Military Spending Dataset (2025) – with minor processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
172 places, 15,402 data points, 1816–2023
Last refreshed

This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.