The table below lists total US military (national defense) outlays for the past twenty
years, in billions
of dollars, and as a percentage of gross domestic product (GDP).
| YEAR | (1) | (2) | YEAR | (1) | (2) |
| 1976 | 89.6 | 5.3 | 1986 | 273.4 | 6.5 |
| 1977 | 97.2 | 5.1 | 1987 | 282.0 | 6.3 |
| 1978 | 104.5 | 4.8 | 1988 | 290.4 | 6.0 |
| 1979 | 116.3 | 4.8 | 1989 | 303.6 | 5.9 |
| 1980 | 134.0 | 5.1 | 1990 | 299.3 | 5.5 |
| 1981 | 157.5 | 5.3 | 1991 | 273.3 | 4.8 |
| 1982 | 185.3 | 5.9 | 1992 | 298.4 | 5.0 |
| 1983 | 209.9 | 6.3 | 1993 | 291.1 | 4.7 |
| 1984 | 227.4 | 6.2 | 1994 | 281.6 | 4.2 |
| 1985 | 252.7 | 6.4 | 1995 | 272.2 | 3.9 |
Note: (1) billions of dollars; fiscal year; (2) as percent of GDP
Source: Economic Report of the President, 1996, Tables B-75, B-76.
Source: Jurgen Brauer, THE ECONOMICS OF CONFLICT, WAR, AND PEACE