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4 2000–2009. 5 2010–2019. 6 2020–2023. ... 2020 2021 2022 ... List of countries by military expenditure per capita; References
This list is sourced from the Stockholm International Peace Research Institute (SIPRI) for the year 2020. As of 2021, the top five per capita spenders are Qatar (~$3955), Israel (~$2770), United States (~$2405), Kuwait (~$2085) and Singapore (~$1885). All five countries have increased their spending since the previous year (2020).
The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
Military budget of China, USSR, Russia and US in constant 2021 US$ 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.
Total defence expenditure of the European Defence Agency (EDA) Member States was €214 billion in 2021, which was 1.5% of the 26 EDA Member States’ GDP, the same percentage as in 2020. [ 2 ] By GDP per capita
The fiscal year 2010 president's budget request for a 2.9% military pay raise was consistent with this formula. However, Congress, in fiscal years 2004, 2005, 2006, 2008, and 2009 approved the pay raise as the ECI increase plus 0.5%. The 2007 pay raise was equal to the ECI. A military pay raise larger than the permanent formula is not uncommon.
President Joe Biden ordered a national day of mourning in January and flags to be displayed at half-staff following President Jimmy Carter's death.
A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.