Military Expenditure in the United States increased to 800672.20 USD Million in 2021 from 778397.20 USD Million in 2020. source: SIPRI
Military Expenditure in the United States averaged 288080.74 USD Million from 1949 until 2021, reaching an all time high of 800672.20 USD Million in 2021 and a record low of 14088.20 USD Million in 1949. United States Military Expenditure - values, historical data and charts - was last updated on December of 2022.
Military Expenditure in the United States is expected to reach 771393.59 USD Million by the end of 2022, 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 2023, according to our econometric models.