Military Expenditure (Local Currency) in USA

Source: World Bank, SIPRI, National Statistical Office, World Bank
Last Updated: December 1, 2024

Military expenditure in local currency reached USD 877 bil in 2022 in the USA, according to the SIPRI Military Expenditure Database. This is 8.77% more than in the previous year.

Historically, military expenditure in local currency in the USA reached an all time high of USD 877 bil in 2022 and an all time low of USD 14.1 bil in 1949.

USA has been ranked 24th within the group of 150 countries we follow in terms of military expenditure in local currency.

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