Military Expenditure in the United States increased to 633565 USD Million in 2018 from 605803 USD Million in 2017. source: SIPRI

Military Expenditure in the United States averaged 497881.74 USD Million from 1949 until 2018, reaching an all time high of 784835 USD Million in 2010 and a record low of 135632 USD Million in 1949. United States Military Expenditure - values, historical data and charts - was last updated on November of 2020.

Military Expenditure in the United States is expected to reach 771393.59 USD Million by the end of 2020, according to Trading Economics global macro models and analysts expectations. In the long-term, the United States Military Expenditure is projected to trend around 771393.59 USD Million in 2021, according to our econometric models.

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United States  Military Expenditure

Actual Previous Highest Lowest Dates Unit Frequency
633565.00 605803.00 784835.00 135632.00 1949 - 2018 USD Million Yearly
constant 2016 prices

United States Government Last Previous Highest Lowest Unit
Government Debt to GDP 106.90 105.50 118.90 31.80 percent [+]
Government Budget -4.60 -3.80 4.50 -9.80 percent of GDP [+]
Government Budget Value -284000.00 -125000.00 214255.00 -864074.00 USD Million [+]
Government Spending 3327.01 3368.73 3368.73 599.63 USD Billion [+]
Government Revenues 237698.00 373169.00 563496.00 33111.00 USD Million [+]
Government Debt 27135477.00 26945391.00 27135477.00 60000.00 USD Million [+]
Fiscal Expenditure 521769.00 497780.00 1104903.00 3842.00 USD Million [+]
Asylum Applications 7267.00 7682.00 16331.00 522.00 Persons [+]
Credit Rating 98.00 [+]
Military Expenditure 633565.00 605803.00 784835.00 135632.00 USD Million [+]
Government Spending To GDP 37.80 38.00 43.30 33.40 percent [+]