US military (national defense) outlays, 1940-95

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


Return to Vinnie's Home Page

Return to Cold War Page