What was the military budget in 2012?
$676 billion
President’s FY 2012 Budget Overview The FY 2012 budget requests a total of $676 billion for the Department of Defense (DoD). The base budget for DoD includes $553 billion in discretionary funding and $5 billion in mandatory funding, and an additional $118 billion is requested for the wars in Afghanistan and Iraq.
How much of Australia’s GDP is spent on Defence?
Of course, using GDP to measure defence spending is a crude tool; 2021–22’s defence budget started off at 2.09% but is now a hair below 2.0% at 1.98% because GDP has recovered so strongly, not because the government didn’t deliver its funding commitment.
How much does Australia spend on defense budget?
Australia’s defence expenditure for the 2022–23 financial year will rise by 7.4% to AUD48. 6 billion (USD36 billion), the government announced in its annual budget statement on 29 March. This amount includes AUD1.
What was defence budget in 2013?
India Military Spending/Defense Budget 1960-2022
| India Military Spending/Defense Budget – Historical Data | ||
|---|---|---|
| Year | Billions of US $ | % of GDP |
| 2013 | $47.40B | 2.47% |
| 2012 | $47.22B | 2.54% |
| 2011 | $49.63B | 2.65% |
What was the military budget in 2011?
For the 2011 fiscal year, the president’s base budget for the Department of Defense and spending on “overseas contingency operations” combine to bring the sum to US$664.84 billion.
What was the military budget in 2010?
$738.01B
U.S. Military Spending/Defense Budget 1960-2022
| U.S. Military Spending/Defense Budget – Historical Data | ||
|---|---|---|
| Year | Billions of US $ | % of GDP |
| 2011 | $752.29B | 4.84% |
| 2010 | $738.01B | 4.92% |
| 2009 | $705.92B | 4.89% |
How much does New Zealand spend on Defence?
Its most recent budget set aside $NZ5. 2 billion ($4.8 billion) on defence, including salaries, procurement and equipment refurbishment – around 1.5 per cent of gross domestic product (GDP).
Is Australian military growing?
Overall, Defence’s total permanent workforce will increase to over 101,000 by 2040 – an increase of 18,500 over baseline growth already agreed in the 2020 Force Structure Plan.
What is the defense budget for 2020?
$725 billion
The United States spent $725 billion on national defense during fiscal year (FY) 2020 according to the Office of Management and Budget, which amounts to 11 percent of federal spending.