Military Expenditure in the United States increased to 766583 USD Million in 2020 from 734344 USD Million in 2019. source: SIPRI
Military Expenditure in the United States averaged 552255.51 USD Million from 1949 until 2020, reaching an all time high of 865268 USD Million in 2010 and a record low of 147593 USD Million in 1949. United States Military Expenditure - values, historical data and charts - was last updated on August of 2022.
Military Expenditure in the United States is expected to reach 771393.59 USD Million by the end of 2021, 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 2022, according to our econometric models.