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For FY2021, the Department of Defense's discretionary budget authority was approximately $705.39 billion ($705,390,000,000). Mandatory spending of $10.77 billion, the Department of Energy and defense-related spending of $37.335 billion added up to the total FY2021 Defense budget of $753.5 billion. [ 46 ] FY2021 was the last year for OCOs as ...
The following lists are lists of countries by military spending as a share of GDP - more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source.
Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure. It also gives an idea of how much financing should be provided for the upcoming fiscal year. The size of a budget also reflects the country's ability to fund military activities. [1]
This list is sourced from the Stockholm International Peace Research Institute (SIPRI) for the year 2020. As of 2021, the top five per capita spenders are Qatar (~$3955), Israel (~$2770), United States (~$2405), Kuwait (~$2085) and Singapore (~$1885). All five countries have increased their spending since the previous year (2020).
Russia’s military spending in 2021 hit $66bn, says the Stockholm International Peace Research Institute (SIPRI). But even then, the US was spending $801bn a year, and other NATO members about $363bn. [8] Russia's official 2022 military budget is expected to be 4.7 trillion rubles ($75bn), [9] or higher, and about $84bn for 2023, 40% more than ...
This is China's largest defense budget raise in three years. [9] 2019: the budget was announced to be 1.19 trillion yuan, which is an increase of 7.5%. 2020: the budget was announced to increase by 6.6% this year to 1.27 trillion yuan (US$178 billion). [10] 2021: the budget was announced to be 1.35 trillion yuan (US$209 billion), an increase of ...
From Wikipedia, the free encyclopedia. Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. This is a list of countries by past military expenditure, starting 1987. Methodology. [edit] Figures for the tables below are provided by the Stockholm International Peace Research Institute(SIPRI) database.
The United States Department of Defense ( DoD, [ 2] USDOD, or DOD) is an executive branch department of the federal government of the United States charged with coordinating and supervising all agencies and functions of the U.S. government directly related to national security and the United States Armed Forces.