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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 .
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
See how the US military budget compares to other countries around the world. ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals. Business. Elections. Entertainment.
The United States spends more on defense than the next 10 highest-spending countries combined. Defense accounts for half of America's discretionary spending and 15% of total federal spending.
The 2011 budget included estimated spending for 2010, shown in the graph at right for selected departments and agencies with over $10 billion in budget authority. Funding for the Department of Defense is mostly discretionary, but is excluded from this total and analyzed separately in this article.
WASHINGTON (Reuters) -The United States on Monday announced nearly $6 billion in additional military and budget assistance for Ukraine as President Joe Biden uses his final weeks in office to ...
The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [8] United States: 17%. (See Military budget of the United States.) The United States has fluctuated for decades, depending on the conflict of the time.