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Adjusted for inflation, has military spending increased since 2000? It seems if it is trending at 2% that is probably beneath inflation.
by trynumber9 5y ago
Adjusted for inflation, has military spending increased since 2000? It seems if it is trending at 2% that is probably beneath inflation.
- deleted 5y ago[deleted]
- mdorazio 5y agoDepends on the year: https://www.macrotrends.net/countries/USA/united-states/military-spending-defense-budget https://www.macrotrends.net/countries/USA/united-states/mili... It's massively outpaced inflation on the total timeframe 2000 - 2021 (2.3x vs 1.6x), but dropped from 2011-2014. Also a % of GDP it's on par with 2002 today.
- standardUser 5y agoMilitary spending has roughly doubled since 2000, both globally and in the US. Globally military spending has been driven by massive increases in Asia. In the US, spending shot way up after 9/11/01 and kept increasing until the end of the Iraq War in 2011. Since then, it's been down then up and overall flat for about 10 years.
- xboxnolifes 5y ago> Military spending has roughly doubled since 2000, both globally and in the US. But is this in nominal or real dollars? Because a large potion of that would have eroded to inflation at this point if nominal.