In 2023, the United States spent around 916.02 billion U.S. dollars on its military. U.S. military spending has been increasing in current dollar terms since 2016. Spending increased dramatically in 2022 after the Russian invasion of Ukraine. After the first year of the war, the U.S. had contributed more than 40 billion euros worth of military aid to Ukraine.
What military spending entails
Military spending in the United States is the part of the national outlays of the Department of Defense. While the department has over two trillion dollars in budgetary resources, its outlays - money actually paid out - are significantly lower. This budget is designated for the four branches of the United States military, and is used for everything from salaries, trainings, development of new military technologies, and new aircraft and weaponry.
All figures are in current U.S. dollars, and refer to the fiscal year (October 1 last year to 30 September of the year indicated). Values have been rounded.
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SIPRI. (August 27, 2024). Military spending in the United States from the fiscal year of 2000 to 2023 (in billion current U.S. dollars) [Graph]. In Statista. Retrieved November 21, 2024, from https://www.statista.com/statistics/272473/us-military-spending-from-2000-to-2012/
SIPRI. "Military spending in the United States from the fiscal year of 2000 to 2023 (in billion current U.S. dollars)." Chart. August 27, 2024. Statista. Accessed November 21, 2024. https://www.statista.com/statistics/272473/us-military-spending-from-2000-to-2012/
SIPRI. (2024). Military spending in the United States from the fiscal year of 2000 to 2023 (in billion current U.S. dollars). Statista. Statista Inc.. Accessed: November 21, 2024. https://www.statista.com/statistics/272473/us-military-spending-from-2000-to-2012/
SIPRI. "Military Spending in The United States from The Fiscal Year of 2000 to 2023 (in Billion Current U.S. Dollars)." Statista, Statista Inc., 27 Aug 2024, https://www.statista.com/statistics/272473/us-military-spending-from-2000-to-2012/
SIPRI, Military spending in the United States from the fiscal year of 2000 to 2023 (in billion current U.S. dollars) Statista, https://www.statista.com/statistics/272473/us-military-spending-from-2000-to-2012/ (last visited November 21, 2024)
Military spending in the United States from the fiscal year of 2000 to 2023 (in billion current U.S. dollars) [Graph], SIPRI, August 27, 2024. [Online]. Available: https://www.statista.com/statistics/272473/us-military-spending-from-2000-to-2012/