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Download as PDF; Printable version; ... Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. ... Military budget;
Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [8] United States: 17%. (See Military budget of the United States.) The United States has fluctuated for decades, depending on the conflict of the time.
A U.S. official said the $3.4 billion in budget funding brings the total in U.S. budget aid to Ukraine to just over $30 billion since Russia's invasion in February 2022.
This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited.
The U.S. already spends hundreds of billions more than any other country on defense, but some argue that's not enough in today's volatile world.
The budget, called the Servicemember Quality of Life Improvement and National Defense Authorization Act, received final passage from the House Dec. 11 and is now under consideration by the Senate.