How much did the US spend on defense in 2021?
$801 billion
The United States spends a great deal of money on defense compared to other countries. US military spending amounted to $801 billion in 2021, a drop of 1.4 per cent from 2020. The US military burden decreased slightly from 3.7 per cent of GDP in 2020 to 3.5 per cent in 2021.
How much did the military spend in 2021?
SIPRI’s definition of defense spending is broader than the definitions that are most frequently used in fiscal policy discussions in the United States, and according to their calculations, the United States spent $801 billion on national defense in 2021.
How much US spends on Defence every year?
Worldwide leaders in military spending The United States led the ranking of countries with highest military spending in 2021, with 801 billion U.S. dollars dedicated to the military. That constituted 38 percent of the total military spending worldwide that year, which amounted to 2.1 trillion U.S. dollars.
How much has the US spent on military since 2000?
U.S. military spending from 2000 to 2020 In 2020, the United States spent around 766.58 billion U.S. dollars on its military. This figure is a decrease from 2010, when U.S. military spending amounted to 865.27 billion U.S. dollars (when adjusted to 2019 dollars).
What is the US military budget breakdown?
This includes $27.8 billion to the Army, $48.5 billion to the Navy and Marine Corps, $36.5 billion to the Air Force, and $9.4 billion for Special Ops. Service members will receive a 2.7% pay raise and an increase in their housing allowance.
How much of the US budget goes to military 2020?
Defense spending accounts for more than 10 percent of all federal spending and nearly half of discretionary spending. Total discretionary spending — for both defense and nondefense purposes — is typically only about one-third of the annual federal budget.
What’s the least funded branch?
Instead, 28.9 percent goes to the Air Force, 25.7 percent goes to Army, 29.0 percent goes to the Navy and 16.4 percent goes to defense-wide spending. Either way, once defense-wide spending is included in the defense budget total, the Army receives the least funding of the three military services.