Milatary Expenditure
Tuesday, February 24th, 2004World military expenditures in 2001 were conservatively estimated at
$839 billion—almost $100 million every hour or $2.3 billion each day.
The United States is now the world’s sole military colossus, accounting
for 36 percent of all military spending, or $302 billion. U.S. spending
is now projected to rise to $414 billion (in 2001 dollars) by 2009.
Expenditures for United Nations peacekeeping operations from July
2002 to July 2003 equaled roughly $2.6 billion. As of late December
2002, U.N. members still owed the organization $1.34 billion for
peacekeeping operations. The United States accounted for 40 percent of
unpaid dues, or $536 million.

Source: Worldwatch Institute
Peacekeeping Expenditures Down Slightly, Vital Signs 2003, pp. 76-77.
Military Expenditures on the Rise, Vital Signs 2003, pp. 116-117.
Vital Signs Fact of the Week #16 source Thursday, September 18, 2003