USA: Military spending, billion of dollars

(measure: billion U.S. dollars (constant 2011 prices); Source: The Stockholm International Peace Research Institute)
* indicates monthly or quarterly data series

USA: Military spending, in billion U.S. dollars

: For that indicator, we provide data for the USA from 1960 to 2018. The average value for the USA during that period was 292958852.24 billion U.S. dollars (constant 2011 prices) with a minimum of 45380000 billion U.S. dollars (constant 2011 prices) in 1960 and a maximum of 711338000 billion U.S. dollars (constant 2011 prices) in 2011. The latest value from 2018 is 648798273 billion U.S. dollars (constant 2011 prices). For comparison, the world average in 2018 based on 149 countries is 11920765.08 billion U.S. dollars (constant 2011 prices). See the global rankings for that indicator or use the country comparator to compare trends over time.
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The entire data set can be obtained at sipri data.

Definition: Military spending includes expenditure on peacekeeping, defense ministries, paramilitary forces, and military space activities. Also: military and civil personnel, including retirement pensions; operations and maintenance; procurement; military research and development; and military aid. Defense and current expenditure for past military activities, such as for veterans' benefits, demobilization, conversion, and weapon destruction, are not included.
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