Relative Size of US Military Spending, 1940--2003

Introduction

The graphs and tables below depict the history of the relative size of US military spending. Relative size is measured here in two ways:

Please note that

US military spending as a percentage of GDP, 1940--2003

In the graph and table below, the measure of the size of the economy used is GDP (gross domestic product). US military spending is reported as a percentage of US GDP.

Graph 1: US military spending as a percentage of GDP, 1940--2003

Data source

The data were taken from reference [1].

Table 1: US military spending as a percentage of GDP, 1940--2003

Fiscal YearMilitary spending as
percent of GDP
19401.7
19415.6
194217.8
194337.0
194437.8
194537.5
194619.2
19475.5
19483.5
19494.8
19505.0
19517.4
195213.2
195314.2
195413.1
195510.8
195610.0
195710.1
195810.2
195910.0
19609.3
19619.4
19629.2
19638.9
19648.5
19657.4
19667.7
19678.8
19689.4
19698.7
19708.1
19717.3
19726.7
19735.8
19745.5
19755.5
19765.2
19774.9
19784.7
19794.6
19804.9
19815.1
19825.7
19836.1
19845.9
19856.1
19866.2
19876.1
19885.8
19895.6
19905.2
19914.6
19924.8
19934.4
19944.0
19953.7
19963.5
19973.3
19983.1
19993.0
20003.0
20013.0
20023.4
20033.7

Data source

The data in Table 1 are the same as those in Graph 1 and are also taken from reference [1].

US military spending as a percentage of discretionary outlays, 1962--2003

In the graph and table below, US military spending is reported as a percentage of discretionary outlays. (Technical note: total military spending data used here is restricted to discretionary spending, unlike that used in the comparison with GDP above. The two amounts are very close, however.)

Graph 2: US military spending as a percentage of discretionary spending, 1962--2003

Data source

The data were taken from reference [2].

Table 2: US military spending as a percentage of discretionary spending, 1962--2003

Fiscal Year Military spending as percent
of discretionary spending
1962 72.9
1963 71.3
1964 69.5
1965 65.6
1966 65.4
1967 67.6
1968 69.6
1969 70.5
1970 68.1
1971 64.5
1972 61.7
1973 59.1
1974 58.4
1975 55.5
1976 51.2
1977 49.5
1978 47.8
1979 48.7
1980 48.7
1981 51.3
1982 57.0
1983 59.4
1984 60.1
1985 60.9
1986 62.4
1987 63.6
1988 62.6
1989 62.2
1990 60.0
1991 59.9
1992 56.7
1993 54.2
1994 52.1
1995 50.2
1996 49.9
1997 49.6
1998 48.9
1999 48.2
2000 48.0
2001 47.1
2002 47.5
2003 49.0

Data source

The data in Table 2 are the same as those in Graph 2 and are also taken from reference [2].

References

[1] "Table 3.1: outlays by superfunction and function: 1940--2009," in Office of Management and Budget, Historical Tables, Budget of the United States Government, Fiscal Year 2005 (2004), Washington, pp. 45--52
[2] "Public Budget Database, Budget of the United States Government, Fiscal Year 2005" (2004) (database)