The forecast for US general government defense expenditures indicates a gradual decline from 8.13% in 2024 to 7.73% by 2028. The consistent year-on-year decrease of 0.10 percentage points represents a slightly diminishing focus or reallocation within the overall government budget towards non-defense expenditures. The Compound Annual Growth Rate (CAGR) over these forecasted years reflects a continued incremental reduction in defense spending as part of the general government expenditures.
Future trends to watch for include:
- Potential geopolitical tensions which could reverse the downward trend with increased defense spending.
- Technological advancements that may drive new defense investments.
- Policy changes under different administrations impacting budget priorities.
Latest reports
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