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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.
They are presented in millions of United States dollars in current prices, converted at the exchange rate for the given year. [1] If there is no data for a particular year, a cell is left blank. Although the database includes statistics for over 150 countries, per SIPRI's Terms and Condition permission is needed to directly reproduce more than ...
National defense spending is any government spending attributable to the maintenance and strengthening of the United States Armed Forces, including the Army, Navy, Marines, and the Air Force. [15] As of the fiscal year 2019 budget approved by Congress, national defense is the largest discretionary expenditure in the federal budget . [ 14 ]
2. 2012. DoD budget: $645.5 billion Year-over-year difference:-6.04% or $41.5 billion The National Defense Authorization Act for fiscal year 2012 was enacted, which implemented major budgetary ...
See how the US military budget compares to other countries around the world. ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business. Elections. Entertainment.
The US has led the way, spending 38% of the total, but China and India continue to pour money into defense. Global military expenditure was $1.917 trillion in 2019, rising 3.6% from 2018 and 7.2% ...
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.
This is a list of countries by military expenditure per capita, the amount spent by a nation on its military per capita in a given year. This list is sourced from the Stockholm International Peace Research Institute (SIPRI) for the year 2020.