US Military Spending: 2012
$962.4B
962.4 billion in constant 2023 US dollars (SIPRI)
$962.4B
Total Budget
4.1%
% of GDP
Obama
President
War on Terror
Active War
📊 Compared to 2011
▼ 5.6%Decrease of $56.6B from $1019.0B
💰 What $962B Could Have Bought Instead
Teachers' salaries (avg $65K)14,806,815
Affordable homes built3,849,772
Full college scholarships19,248,860
Years of healthcare for families34,372,964
Clean water systems for towns962,443
🏛️ Historical Context
In 2012, under President Obama, the United States spent approximately $962.4 billion on its military, representing 4.1% of GDP. The War on Terror was actively underway, driving elevated defense expenditures.