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A history of what US wars have cost

 
 
Reply Mon 31 Mar, 2003 08:31 am
Edit [Moderator]: Moved from North America to Business & Marketing.

The US's first Gulf War cost $76.1 billion IN TODAY'S DOLLARS, just 1 percent of the annual gross domestic product (GNP). The Civil War and World War II cost more than a year's worth of the GDP.

WAR COSTS AS A PERCENT OF ANNUAL GDP COMPUTED IN 2002 DOLLARS:

Revolutionary Wars: $2.2 billion - 63% of GNP (US victory)

War of 1812: $1.1 billion - 3% of GNP (US victory)

Mexican War: $1.6 billion - 3% of GNP (US victory)

Civil War: $62 billion - 104% of GNP (US Northern victory)

Spanish American War: 9.6 billion - 3% of GNP (US victory)

World War I: $190.6 billion - 24% of GNP (US-allies victory)

World War II: $2.9 trillion - 130% of GNP (US-allies victory)

Korean War: $335.9 billion - 15% of GNP (US-allies ceasefire ongoing)

Vietnam War: $494.3 billion - 12% of GNP (US-allies defeat)

First US Gulf War: $76.1 billion - 1% of GNP (US-allies ceasefire ongoing)

Second US Gulf War: ? ? (ceasefire fails, fighting resumes)

I don't have any data for other US wars, such as Grenada, Panama and Haiti, and in the Balkans and the African continent.

---BumbleBeeBoogie
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Type: Discussion • Score: 1 • Views: 3,632 • Replies: 8
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Craven de Kere
 
  1  
Reply Sat 30 Aug, 2003 04:00 pm
BBB, do you rememebr where you got this? I was once searching Google for some stats on the Korean War and Google led me here.
0 Replies
 
BumbleBeeBoogie
 
  1  
Reply Sat 30 Aug, 2003 09:15 pm
Craven
Craven, its been so long ago I don't remember where I got the info, but I will try to nudge my memory to see if there is any life there.

BumbleBeeBoogie
0 Replies
 
BumbleBeeBoogie
 
  1  
Reply Sat 30 Aug, 2003 09:19 pm
craven
craven, I found the source for my war cost comparison post - its at the end of the artticle ---BBB

http://www.csmonitor.com/2003/0127/p25s02-usec.html
0 Replies
 
Craven de Kere
 
  1  
Reply Sat 30 Aug, 2003 09:25 pm
Thanks!
0 Replies
 
BumbleBeeBoogie
 
  1  
Reply Sat 30 Aug, 2003 09:28 pm
Craven
Craven, you are most welcome, but can you take your mind off of nekkid ladies long enough to read the data?

BumbleBeeBoogie
0 Replies
 
Craven de Kere
 
  1  
Reply Sat 30 Aug, 2003 09:29 pm
I can always multi task. ;-)
0 Replies
 
CodeBorg
 
  1  
Reply Sat 30 Aug, 2003 11:10 pm
Mmm data. Thank you!
Nice. :-)


I enjoy looking at figures.
Now I just need a couple more sources...
0 Replies
 
expat
 
  1  
Reply Thu 21 Oct, 2004 07:31 am
Does anyone have current figures on the cost of the war as a percentage of GNP (based on both Bush and kerry estimates of 120 & 200 mil respectively?
Also, Does anyone have figures on the percentage of US military weapons that are produced overseas (vs. in America)?
0 Replies
 
 

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