Military spending per armed forces personnel in United States

United States: Military spending per armed forces personnel was 676,306 constant 2024 US$ in 2020. ▲ Rising

Latest (2020)
676,306 constant 2024 US$
Change on year
up 4.2%
World rank
1st
of 160 countries
All-time high
690,154 constant 2024 US$
in 2011
All-time low
325,256 constant 2024 US$
in 1991
Years of data
33
1985–2020

Military spending per armed forces personnel in United States, 1985–2020

0200.0k400.0k600.0k1985200220201985: 368.8k constant 2024 US$1989: 363.6k constant 2024 US$1990: 358.1k constant 2024 US$1991: 325.3k constant 2024 US$1992: 378.5k constant 2024 US$1993: 377.9k constant 2024 US$1994: 379.1k constant 2024 US$1995: 372.4k constant 2024 US$1996: 366.3k constant 2024 US$1997: 373.7k constant 2024 US$1998: 351.3k constant 2024 US$1999: 356.4k constant 2024 US$2000: 400.8k constant 2024 US$2001: 413.8k constant 2024 US$2002: 449.9k constant 2024 US$2003: 507.6k constant 2024 US$2004: 555.8k constant 2024 US$2005: 554.0k constant 2024 US$2006: 580.0k constant 2024 US$2007: 573.6k constant 2024 US$2008: 621.3k constant 2024 US$2009: 660.0k constant 2024 US$2010: 676.5k constant 2024 US$2011: 690.2k constant 2024 US$2012: 664.0k constant 2024 US$2013: 638.2k constant 2024 US$2014: 621.4k constant 2024 US$2015: 622.6k constant 2024 US$2016: 620.2k constant 2024 US$2017: 609.0k constant 2024 US$2018: 617.9k constant 2024 US$2019: 649.2k constant 2024 US$2020: 676.3k constant 2024 US$

Source: Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Measured in constant 2024 US$.

Analysis

The most recent figure for military spending per armed forces personnel in United States is 676,306 constant 2024 US$, measured in 2020.

That represents a change of up 4.2% on the previous year and down 0.0% over ten years.

Over the whole period, military spending per armed forces personnel in United States peaked at 690,154 constant 2024 US$ in 2011 and was at its lowest, 325,256 constant 2024 US$, in 1991.

United States ranks 1st of 160 countries on this measure, in the top 10%.

The long-run direction has been consistently rising across the 33 years of available data.

Military spending per armed forces personnel in United States, year by year

Annual values for Military spending per armed forces personnel in United States, 1985 to 2020.
Year constant 2024 US$ Change
1985 368,769 constant 2024 US$
1989 363,598 constant 2024 US$ -1.4%
1990 358,065 constant 2024 US$ -1.5%
1991 325,256 constant 2024 US$ -9.2%
1992 378,457 constant 2024 US$ +16.4%
1993 377,885 constant 2024 US$ -0.2%
1994 379,069 constant 2024 US$ +0.3%
1995 372,358 constant 2024 US$ -1.8%
1996 366,326 constant 2024 US$ -1.6%
1997 373,653 constant 2024 US$ +2.0%
1998 351,308 constant 2024 US$ -6.0%
1999 356,421 constant 2024 US$ +1.5%
2000 400,802 constant 2024 US$ +12.5%
2001 413,755 constant 2024 US$ +3.2%
2002 449,906 constant 2024 US$ +8.7%
2003 507,569 constant 2024 US$ +12.8%
2004 555,839 constant 2024 US$ +9.5%
2005 553,986 constant 2024 US$ -0.3%
2006 579,975 constant 2024 US$ +4.7%
2007 573,624 constant 2024 US$ -1.1%
2008 621,346 constant 2024 US$ +8.3%
2009 659,956 constant 2024 US$ +6.2%
2010 676,477 constant 2024 US$ +2.5%
2011 690,154 constant 2024 US$ +2.0%
2012 664,007 constant 2024 US$ -3.8%
2013 638,187 constant 2024 US$ -3.9%
2014 621,435 constant 2024 US$ -2.6%
2015 622,627 constant 2024 US$ +0.2%
2016 620,210 constant 2024 US$ -0.4%
2017 609,032 constant 2024 US$ -1.8%
2018 617,905 constant 2024 US$ +1.5%
2019 649,159 constant 2024 US$ +5.1%
2020 676,306 constant 2024 US$ +4.2%

United States compared with similar countries

  • United States's 676,306 constant 2024 US$ is above the median for high income countries, which is 131,220 constant 2024 US$, 5.2× the median. (54 countries reporting)

Averages by decade

DecadeAverage LowestHighest Years
1980s 366,184 constant 2024 US$ 363,598 constant 2024 US$ 368,769 constant 2024 US$ 2
1990s 363,880 constant 2024 US$ 325,256 constant 2024 US$ 379,069 constant 2024 US$ 10
2000s 531,676 constant 2024 US$ 400,802 constant 2024 US$ 659,956 constant 2024 US$ 10
2010s 640,919 constant 2024 US$ 609,032 constant 2024 US$ 690,154 constant 2024 US$ 10
2020s 676,306 constant 2024 US$ 676,306 constant 2024 US$ 676,306 constant 2024 US$ 1

Countries ranked near United States

  1. 2 Yemen 615,959 constant 2024 US$ compare
  2. 3 Australia 521,125 constant 2024 US$ compare
  3. 4 United Kingdom 463,783 constant 2024 US$ compare

See the full ranking of 160 places →

More reference data data for United States

All data for United States →

Frequently asked questions

What is military spending per armed forces personnel in United States?
Military spending per armed forces personnel in United States was 676,306 constant 2024 US$ in 2020, according to Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data.
What is the highest military spending per armed forces personnel recorded in United States?
The highest recorded value was 690,154 constant 2024 US$ in 2011.
What is the lowest military spending per armed forces personnel recorded in United States?
The lowest recorded value was 325,256 constant 2024 US$ in 1991.
How does United States rank for military spending per armed forces personnel?
United States ranks 1st out of 160 countries with data for 2020.
Is military spending per armed forces personnel rising or falling in United States?
Over the last ten years it is down 0.0%. The long-run trend across the full record is rising.
Where does this United States data come from?
The figures come from Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data, published as part of Military spending per armed forces personnel. Statizoid updates them automatically from the source API.

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Military spending per armed forces personnel in United States. Statizoid, drawing on Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data. Retrieved 24 September 2026, from https://reference.statizoid.com/stat/military-spending-per-armed-forces-personnel/united-states/

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About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. 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.