Military spending worldwide 2000-2023, by region

Published by
Einar H. Dyvik,
Apr 22, 2024

Global military spending increased since 2000. While the highest sum was spent in the Americas in 2023, the increase is down to increased military spending in Asia, which increased from around 204 billion U.S. dollars in 2000 to around 595 billion dollars in 2023, nearly three times the amount spent in 2000. The United States is the world's largest military spender, whereas Ukraine had the highest military expenditure as a percentage of GDP.

Military spending worldwide from 2000 to 2023, by region (in billion U.S. dollars)

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Release date

April 2024

Region

Worldwide

Survey time period

2000 to 2023

Special properties

Current prices and exchange rates

Supplementary notes

*Uncertain estimate.

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Defense spending and arms tradeMilitary aircraft manufacturingAmerican Civil WarMilitary spending in MENARussia-Ukraine war 2022-2024
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