United Kingdom Military Expenditure (USD)
$81.8B▲ +$6.5B
Dec 2024 · Annual
United Kingdom's military expenditure rose to $81.76 billion in 2024 from $75.30 billion in 2023. This is the highest level on record since the series began in 1960. The all-time low was $5.13 billion in 1960.
| Actual | Previous | Highest | Lowest | Dates | Frequency |
|---|---|---|---|---|---|
| $81.8B | $75.3B | $81.8BDec 2024 | $5.1BDec 1960 | 1960 – 2024 | Annual |
Related indicators
| Indicator | Last | Previous | Highest | Lowest | Last updated | Frequency |
|---|---|---|---|---|---|---|
| Military Expenditure | 2.3% | 2.2% | 7.1% | 1.9% | Dec 2024 | Annual |
| GDP | $4.00T | $3.70T | $4.00T | $73.2B | Dec 2025 | Annual |
About this series
Military Expenditure (USD) in United Kingdom averaged $55.2B from 1960 until 2024, reaching an all-time high of $81.8B in Dec 2024 and a record low of $5.1B in Dec 1960. The series is reported yearly with history from 1960.
Military expenditure in current USD measures annual spending by the United Kingdom on armed forces, defense ministries, and related activities. The data is reported in US dollars on an annual basis. The series spans from 1960 to 2024.
Source & methodology
We use primary economic sources for every country. See our methodology page for how we source and verify this data.
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