Military expenditure in United Kingdom
United Kingdom: Military expenditure was 63.99 billion current LCU in 2024. ◆ Volatile
Military expenditure in United Kingdom, 1960–2024
Source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI). Measured in current LCU.
Analysis
United Kingdom recorded 63.99 billion current LCU for military expenditure in 2024. That is the highest value across all 65 years on record.
Compared with earlier readings it is up 5.5% on the previous year and up 57.3% over ten years.
Over the whole period, military expenditure in United Kingdom peaked at 63.99 billion current LCU in 2024 and was at its lowest, 1.83 billion current LCU, in 1960.
That places United Kingdom 77th out of 167 countries with data for 2024, putting it in the middle of the range.
The series is highly variable year to year, so single readings are best treated with caution.
Averages by decade
| Decade | Average | Lowest | Highest | Years |
|---|---|---|---|---|
| 1960s | 2.24 billion current LCU | 1.83 billion current LCU | 2.59 billion current LCU | 10 |
| 1970s | 5.57 billion current LCU | 2.83 billion current LCU | 9.70 billion current LCU | 10 |
| 1980s | 18.49 billion current LCU | 12.20 billion current LCU | 22.89 billion current LCU | 10 |
| 1990s | 25.12 billion current LCU | 24.27 billion current LCU | 26.68 billion current LCU | 10 |
| 2000s | 33.42 billion current LCU | 26.00 billion current LCU | 41.09 billion current LCU | 10 |
| 2010s | 41.15 billion current LCU | 39.27 billion current LCU | 44.35 billion current LCU | 10 |
| 2020s | 53.90 billion current LCU | 45.50 billion current LCU | 63.99 billion current LCU | 5 |
Countries ranked near United Kingdom
More public sector data for United Kingdom
- Arms imports 643.00 million SIPRI trend indicator values (2024)
- Tax revenue 26.9% (2024)
- Taxes on income, profits and capital gains 40.6% (2024)
- Taxes on goods and services 31.1% (2024)
- Net investment in nonfinancial assets 2.4% (2024)
- Net lending (+) / net borrowing (-) -6.9% (2024)
- Interest payments 8.3% (2024)
- Grants and other revenue 5.6% (2024)
- Interest payments 7.8% (2023)
- Other taxes 4.9% (2024)
Frequently asked questions
- What is military expenditure in United Kingdom?
- Military expenditure in United Kingdom was 63.99 billion current LCU in 2024, according to SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI).
- What is the highest military expenditure recorded in United Kingdom?
- The highest recorded value was 63.99 billion current LCU in 2024.
- What is the lowest military expenditure recorded in United Kingdom?
- The lowest recorded value was 1.83 billion current LCU in 1960.
- How does United Kingdom rank for military expenditure?
- United Kingdom ranks 77th out of 167 countries with data for 2024.
- Is military expenditure rising or falling in United Kingdom?
- Over the last ten years it is up 57.3%. The long-run trend across the full record is volatile.
- Where does this United Kingdom data come from?
- The figures come from SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), published as part of Military expenditure (current LCU). Statizoid updates them automatically from the source API.
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About this data
Military expenditure in local currency at current prices (by calendar year)