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U.S. defense outlays and forecast 2000-2031

Published by Erin Duffin, Feb 16, 2021
Defense spending in the United States is predicted to increase every year until 2031. Defense outlays in the United States amounted to 714 billion U.S. dollars in 2020. The forecast predicts an increase in defense outlays up to 915 billion U.S. dollars in 2031.

Defense outlays and forecast in the United States from 2000 to 2031 (in billion U.S. dollars)

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Source

Release date

February 2021

Region

United States

Survey time period

2000 to 2020

Supplementary notes

* Projections.
Data prior to 2020 taken from previous report.

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