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U.S. military spending/defense budget for 2022 was $876.94B, a 8.77% increase from 2021. U.S. military spending/defense budget for 2021 was $806.23B, a 3.58% increase from 2020. U.S. military spending/defense budget for 2020 was $778.40B, a 6% increase from 2019.
US military spending in 2021 reached $801 billion per year according to the Stockholm International Peace Research Institute.
In 2023, the US military spent approximately $820.3 billion, or roughly 13.3% of the entire federal budget for that fiscal year. In March 2023, the Department of Defense (DoD) requested $842.0 billion for 2024 — a 2.6% increase.
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.
Overview National Defense Budget Estimates for Fiscal Year (FY) 2023 The National Defense Budget Estimates, commonly referred to as “The Green Book,” is a reference source for data...
The Biden-Harris Administration today submitted to Congress the President’s Fiscal Year (FY) 2022 Budget request of $752.9 billion for national defense, $715 billion of which is for the...
Estimated U.S. military spending for the fiscal year 2022 is $754 billion. It covers the period October 1, 2021, through September 30, 2022. Military spending is the second-largest item in the federal budget after Social Security.
Each year federal agencies receive funding from Congress, known as budgetary resources. In FY 2024, the Department of Defense (DOD) had $1.94 Trillion distributed among its 6 sub-components. Agencies spend available budgetary resources by making financial promises called obligations. In this section, we show the total budgetary resources broken ...
In fiscal year 2020, governments spent a combined total of $837 billion on national defense and the military. That’s $2,515 per person in the US. USAFacts categorizes government budget data to allocate spending and appropriately arrive at the estimate presented here.
The fiscal year 2024 defense budget positions DOD to best support its people and allies through this decisive decade, ensuring the United States is prepared to meet the challenges of today ...