United States: Military expenditure (% of GDP)
In , United States's Military expenditure (% of GDP) was 3.42.
That's up 3.5% from 2023, the highest value since .
The global average for this indicator in 2024 was 2.20 . United States ranks #18 globally out of 147 reporting countries. Within North America, it ranks #1 of 2.
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS) • Data as of 2024
Trend (2005–2024)
Highlights
- Peak
- 4.90
- Trough
- 3.30
- 1-year change
- +3.5%
- 5-year change
- +0.3%
- +0.1% / yr
- 10-year change
- -7.1%
- -0.7% / yr
Historical Data — Last 10 Years
| Year | Military expenditure (% of GDP) |
|---|---|
| 3.4192 | |
| 3.3044 | |
| 3.3095 | |
| 3.4045 | |
| 3.6452 | |
| 3.4092 | |
| 3.3040 | |
| 3.2977 | |
| 3.4026 | |
| 3.4645 |
About Military expenditure (% of GDP)
Military expenditure by country as percentage of gross domestic product
Indicator code: MS.MIL.XPND.GD.ZS • Category: Public Sector
Frequently asked questions
- What was United States's Military expenditure (% of GDP) in 2024?
- In 2024, United States's Military expenditure (% of GDP) was 3.42, according to World Bank Open Data.
- Is United States's Military expenditure (% of GDP) rising or falling?
- United States's Military expenditure (% of GDP) rose 3.5% from 2023 to 2024.
- How does United States rank globally on Military expenditure (% of GDP)?
- In 2024, United States ranked #18 out of 147 countries reporting Military expenditure (% of GDP).
- How does United States's Military expenditure (% of GDP) compare to the world average?
- The global average for Military expenditure (% of GDP) in 2024 was 2.20, so United States is above the world average. Within North America, it ranks #1 of 2.
- What is Military expenditure (% of GDP) and how is it measured?
- Military expenditure by country as percentage of gross domestic product
Source: World Bank Open Data (MS.MIL.XPND.GD.ZS), CC BY 4.0.