US Military Spending: 2004
$795.3B
795.3 billion in constant 2023 US dollars (SIPRI)
$795.3B
Total Budget
3.9%
% of GDP
W. Bush
President
War on Terror
Active War
📊 Compared to 2003
▲ 9.0%Increase of $65.6B from $729.7B
💰 What $795B Could Have Bought Instead
Teachers' salaries (avg $65K)12,235,292
Affordable homes built3,181,176
Full college scholarships15,905,880
Years of healthcare for families28,403,357
Clean water systems for towns795,294
🏛️ Historical Context
In 2004, under President W. Bush, the United States spent approximately $795.3 billion on its military, representing 3.9% of GDP. The War on Terror was actively underway, driving elevated defense expenditures.