High income - Military expenditure

Military expenditure (current USD)

The latest value for Military expenditure (current USD) in High income was 1,348,000,000,000 as of 2020. Over the past 60 years, the value for this indicator has fluctuated between 1,348,000,000,000 in 2020 and 69,083,270,000 in 1960.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another).

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1960 69,083,270,000
1961 73,078,660,000
1962 80,435,470,000
1963 82,471,830,000
1964 82,900,450,000
1965 85,587,950,000
1966 99,669,390,000
1967 113,974,000,000
1968 120,837,000,000
1969 123,668,000,000
1970 125,856,000,000
1971 125,993,000,000
1972 136,983,000,000
1973 150,655,000,000
1974 166,949,000,000
1975 181,093,000,000
1976 186,991,000,000
1977 220,141,000,000
1978 242,711,000,000
1979 271,322,000,000
1980 312,036,000,000
1981 343,582,000,000
1982 391,992,000,000
1983 385,442,000,000
1984 404,452,000,000
1985 429,146,000,000
1986 469,497,000,000
1987 528,030,000,000
1988 559,862,000,000
1989 570,696,000,000
1990 622,263,000,000
1991 610,911,000,000
1992 638,428,000,000
1993 611,500,000,000
1994 610,512,000,000
1995 619,608,000,000
1996 608,359,000,000
1997 600,203,000,000
1998 591,547,000,000
1999 602,086,000,000
2000 615,053,000,000
2001 620,123,000,000
2002 679,935,000,000
2003 790,302,000,000
2004 885,706,000,000
2005 937,863,000,000
2006 986,283,000,000
2007 1,070,500,000,000
2008 1,182,540,000,000
2009 1,219,480,000,000
2010 1,262,680,000,000
2011 1,312,900,000,000
2012 1,280,240,000,000
2013 1,239,140,000,000
2014 1,225,230,000,000
2015 1,146,130,000,000
2016 1,138,290,000,000
2017 1,171,460,000,000
2018 1,242,320,000,000
2019 1,284,130,000,000
2020 1,348,000,000,000

Military expenditure (% of GDP)

Military expenditure (% of GDP) in High income was 2.62 as of 2020. Its highest value over the past 60 years was 7.00 in 1962, while its lowest value was 2.25 in 1999.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1960 6.96
1961 6.93
1962 7.00
1963 6.58
1964 6.04
1965 5.73
1966 6.15
1967 6.62
1968 6.49
1969 5.99
1970 5.25
1971 4.69
1972 4.39
1973 3.93
1974 3.91
1975 3.80
1976 3.61
1977 3.73
1978 3.56
1979 3.58
1980 3.66
1981 3.97
1982 4.58
1983 4.36
1984 4.38
1985 4.44
1986 4.03
1987 3.87
1988 3.60
1989 3.54
1990 3.43
1991 3.10
1992 3.01
1993 2.85
1994 2.64
1995 2.42
1996 2.36
1997 2.37
1998 2.34
1999 2.25
2000 2.26
2001 2.29
2002 2.40
2003 2.49
2004 2.51
2005 2.52
2006 2.51
2007 2.49
2008 2.58
2009 2.84
2010 2.80
2011 2.71
2012 2.65
2013 2.54
2014 2.45
2015 2.45
2016 2.38
2017 2.34
2018 2.34
2019 2.40
2020 2.62

Military expenditure (% of general government expenditure)

Military expenditure (% of general government expenditure) in High income was 5.34 as of 2020. Its highest value over the past 25 years was 6.84 in 2006, while its lowest value was 4.53 in 1995.

Definition: Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.)

Source: Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.

See also:

Year Value
1995 4.53
1996 4.61
2001 6.36
2002 6.54
2003 6.62
2004 6.72
2005 6.77
2006 6.84
2007 6.70
2008 6.58
2009 6.47
2010 6.67
2011 6.53
2012 6.51
2013 6.39
2014 6.27
2015 6.50
2016 6.18
2017 6.22
2018 6.14
2019 6.18
2020 5.34

Classification

Topic: Public Sector Indicators

Sub-Topic: Defense & arms trade