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# United States Military Expenditure

> United States military expenditure is 3.4% as of Dec 2024, from 3.3%. History from 1960, source World Bank. Free API & MCP access.

Military Expenditure in United States rose to 3.4% in Dec 2024 from 3.3% in Dec 2023.

Military Expenditure in United States averaged 3.9% from 1960 until 2024, reaching an all-time high of 9.4% in Dec 1967 and a record low of 3.1% in Dec 1999. The series is reported yearly with history from 1960.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 3.4% | 3.3% | 9.4% (Dec 1967) | 3.1% (Dec 1999) | 1960–2024 | USD / % GDP | annual |

## FAQ

**What is United States's military expenditure right now?**

Military Expenditure in United States is 3.4% as of Dec 2024.

**What are the historical extremes for United States's military expenditure?**

The all-time high is 9.4% (Dec 1967); the record low is 3.1% (Dec 1999), over a series starting in 1960.

**How often is this series updated?**

Military Expenditure for United States is a annual series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=united-states&indicator=military-expenditure`.
Back to [United States economy](/united-states.md).