U.S. defense outlays and forecast 2000-2034

Published by Statista Research Department, Mar 1, 2024
Defense spending in the United States is predicted to increase every year until 2034. Defense outlays in the United States amounted to 891 billion U.S. dollars in 2023. The forecast predicts an increase in defense outlays up to 1.07 trillion U.S. dollars in 2034.

Defense outlays and forecast in the United States from 2000 to 2034 (in billion U.S. dollars)

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Release date

February 2024

Region

United States

Survey time period

2000 to 2023

Supplementary notes

* Projections.
Data prior to 2021 taken from previous report.

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