The ratio of military expenditure to gross domestic product (GDP) in the United States saw no significant changes in 2022 in comparison to the previous year 2021 and remained at around 3.45 percent. Still, 2022 marked the second consecutive decline of the ratio. These figures refer to the total amount of money spent on a country's military, as a share of its gross domestic product (GDP). These figures apply to current expenditure on a country's armed forces, including peacekeeping forces and defense ministries, among others.
Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like Mexico and Canada.
United States: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022
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World Bank. (October 24, 2024). United States: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/
World Bank. "United States: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022." Chart. October 24, 2024. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/
World Bank. (2024). United States: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022. Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/
World Bank. "United States: Ratio of Military Spending to Gross Domestic Product (Gdp) from 2012 to 2022." Statista, Statista Inc., 24 Oct 2024, https://www-statista-com.ezproxy.canberra.edu.au/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/
World Bank, United States: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/ (last visited November 10, 2024)
United States: Ratio of military spending to gross domestic product (GDP) from 2012 to 2022 [Graph], World Bank, October 24, 2024. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/810841/ratio-of-military-expenditure-to-gross-domestic-product-gdp-united-states/
