Vietnam War Costs, 1965–75
| Fiscal Year | War Costs Only | Full War Costs |
|---|---|---|
| 1965 | $ 700,000,000 | $ 700,000,000 |
| 1966 | 15,119,000,000 | 15,119,000,000 |
| 1967 | 17,161,000,000 | 22,180,000,000 |
| 1968 | 19,278,000,000 | 26,266,000,000 |
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Contents
How much money did it cost for the Vietnam War?
The Vietnam War cost $168 billion or $1 trillion in today’s dollars.
How much did the Vietnam War cost the United States?
The estimated cost of the war in Vietnam during the Kennedy, Johnson, and Nixon administrations was $176 billion. As a whole, 60 percent of all draft-age American men did not serve in the military between 1963 and 1974, and 98 percent did not see combat.
How many US troops died in Vietnam in 1966?
At the beginning of 1966, the number of U.S. military personnel in South Vietnam totaled 184,300.
| 1966 in the Vietnam War | |
|---|---|
| ← 1965 1967 → | |
| Casualties and losses | |
| US: 6,350 killed South Vietnam: 11,953 killed Australia 63 killed | Viet Cong and North Vietnam: casualties 71,473-55,524 killed |
What happened in 1966 in the Vietnam War?
July 11, 1966 – The U.S. intensifies bombing raids against portions of the Ho Chi Minh trail winding through Laos. July 15, 1966 – Operation Hastings is launched by U.S. Marines and South Vietnamese troops against 10,000 NVA in Quang Tri Province. This is the largest combined military operation to date in the war.
How much did the Vietnam War cost in 1968?
The war in Vietnam cost the United States $843.63 billion in 2019 dollars, or 2.3% of GDP in 1968.
What was the most expensive war in US history?
World War II
Though it lasted fewer than four years, World War II was the most expensive war in United States history. Adjusted for inflation to today’s dollars, the war cost over $4 trillion and in 1945, the war’s last year, defense spending comprised about 40% of gross domestic product (GDP).
How much did the Afghanistan war cost the US?
Advertisement: According to the the Costs of War project, based at the university’s Watson Institute for International and Public Affairs, the war has cost the United States $2.313 trillion to date, a price that includes U.S. operations in both Pakistan and Afghanistan.
How much did the civil war cost?
The financial cost of the war was significant, totaling an estimated $5.2 billion. The Government had to come up with new ways to pay for this expensive war.
How much did the World war 1 cost?
In economic terms, the First World War – fought at an estimated cost of $208 billion – caused the greatest global depression of the 20th century. Debts accrued by all of the major combatants, with the notable exception of the USA, stalked the post-war economic world.
What was the average age of a US combat soldier in Vietnam?
Fact: Assuming KIAs accurately represented age groups serving in Vietnam, the average age of an infantryman (MOS 11B) serving in Vietnam to be 19 years old is a myth, it is actually 22. None of the enlisted grades have an average age of less than 20. The average man who fought in World War II was 26 years of age.
Did the US win the Vietnam War?
Explanation: The U.S. Army reported 58, 177 losses in Vietnam, the South Vietnamese 223, 748.In terms of body count, the U.S. and South Vietnam won a clear victory. In addition, just about every North Vietnamese offensive was crushed.
Why America lost the Vietnam War?
America “lost” South Vietnam because it was an artificial construct created in the wake of the French loss of Indochina. Because there never was an “organic” nation of South Vietnam, when the U.S. discontinued to invest military assets into that construct, it eventually ceased to exist.
How many troops were in Vietnam 1966?
By the end of 1966, American forces in Vietnam reach 385,000 men, plus an additional 60,000 sailors stationed offshore. More than 6,000 Americans have been killed in this year, and 30,000 have been wounded. In comparison, an estimated 61,000 Vietcong have been killed. However, their troops now numbered over 280,000.
How many US troops were killed in Vietnam in 1965?
| 1965 in the Vietnam War | |
|---|---|
| ← 1964 1966 → | |
| US: 184,314 South Vietnam: 514,000 (including militia) | |
| Casualties and losses | |
| US: 1,928 killed South Vietnam: 11,242 killed. | North Vietnam: 26,000 – 35,000 killed (approximately) |
How did Vietnam War end?
Communist forces ended the war by seizing control of South Vietnam in 1975, and the country was unified as the Socialist Republic of Vietnam the following year.
How many US soldiers died in Vietnam in 1969?
| Year of Death | Number of Records |
|---|---|
| 1967 | 11,363 |
| 1968 | 16,899 |
| 1969 | 11,780 |
| 1970 | 6,173 |
How many troops were in Vietnam in 1969?
Gradual Withdrawal from Vietnam
U.S. troops in Vietnam are reduced from a peak of 549,000 in 1969 to 69,000 in 1972.
How much did each country spend on World War 2?
The table above outline the approximate expenditures of various world nations during World War II. The U.S.A. spent the most on the war, just over 340 billion dollars.
World War Two Financial Cost.
| Country | Billions USD |
|---|---|
| United States of America | $ 341.491 |
| Germany | $ 270.000 |
| Soviet Union | $ 192.000 |
| China | $ 190.000 |
How much did soldiers get paid in Vietnam?
Vietnam War
New soldiers pocketing $78 would have a salary that equates to 642.71 now, while those with over four months of service who pocketed $83.20 were receiving the equivalent of $685.56 in today’s dollars.
Which war has the highest death toll?
World War II
By far the most costly war in terms of human life was World War II (1939–45), in which the total number of fatalities, including battle deaths and civilians of all countries, is estimated to have been 56.4 million, assuming 26.6 million Soviet fatalities and 7.8 million Chinese civilians were killed.
