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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.
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
A pie chart showing global military expenditures by country for 2019, in US$ billions, according to SIPRI. In 2009, the US Department of Defense's annual report to Congress on China's military strength offered several estimates of actual 2008 Chinese military spending.
Military spending in the year-to-date period rose 13% or $35 billion to $318 billion, while outlays for Social Security, the largest single expense item rose 8% or $41 billion to $529 billion ...
A recent analysis by the Congressional Budget Office projected that federal spending on debt interests alone would reach $870 billion in 2024, which is not only a 32 percent increase from 2023's ...
9. 2019. DoD budget: $687.8 billion Year-over-year difference: +2.56% or $17.2 billion Former President Trump became the first U.S. sitting president to step across the military demarcation line ...
As of the fiscal year 2019 budget approved by Congress, national defense is the largest discretionary expenditure in the federal budget. [14] Figure C provides a historical picture of military spending over the last few decades. In 1970, the United States government spent just over $80 billion on national defense.
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 ...