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List Of Countries With Highest Military Expenditures

This is a list of countries with the highest military expenditure in a given year.

Military expenditure figures are presented in United States dollars based on either constant or current exchange rates.

List Of Countries With Highest Military Expenditures
Global military expenditure in 2022

Highest military expenditure, total

The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2023, based on current market exchange rates.

The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates.

Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and Purchasing Price Parity in those countries.

40 Countries with the highest military spending worldwide in 2023
SIPRI Military Expenditure Database 		List by the International Institute for Strategic Studies

2024 edition of "The Military Balance" from the International Institute for Strategic Studies (IISS)

Rank Country Spending
(US$ bn)		 % of GDP % of global spending
World total 2,443 2.3 100
01 List Of Countries With Highest Military Expenditures  United States 916.0 3.4 37
02 List Of Countries With Highest Military Expenditures  China 296.0 1.7 12
03 List Of Countries With Highest Military Expenditures  Russia 109.0 5.9 4.5
04 List Of Countries With Highest Military Expenditures  India 83.6 2.4 3.4
05 List Of Countries With Highest Military Expenditures  Saudi Arabia 75.8 7.1 3.1
06 List Of Countries With Highest Military Expenditures  United Kingdom 74.9 2.3 3.1
07 List Of Countries With Highest Military Expenditures  Germany 66.8 1.5 2.7
08 List Of Countries With Highest Military Expenditures  Ukraine 64.8 37.0 2.7
09 List Of Countries With Highest Military Expenditures  France 61.3 2.1 2.5
100 List Of Countries With Highest Military Expenditures  Japan 50.2 1.2 2.1
11 List Of Countries With Highest Military Expenditures  South Korea 47.9 2.8 2.0
12 List Of Countries With Highest Military Expenditures  Italy 35.5 1.6 1.5
13 List Of Countries With Highest Military Expenditures  Australia 32.3 1.9 1.3
14 List Of Countries With Highest Military Expenditures  Poland 31.6 3.8 1.3
15 List Of Countries With Highest Military Expenditures  Israel 27.5 5.3 1.1
16 List Of Countries With Highest Military Expenditures  Canada 27.2 1.3 1.1
17 List Of Countries With Highest Military Expenditures  Spain 23.7 1.5 1.0
18 List Of Countries With Highest Military Expenditures  Brazil 22.9 1.1 0.9
19 List Of Countries With Highest Military Expenditures  Algeria 18.3 8.2 0.7
20 List Of Countries With Highest Military Expenditures  Netherlands 16.6 1.5 0.7
21 List Of Countries With Highest Military Expenditures  Taiwan 16.6 2.2 0.7
22 List Of Countries With Highest Military Expenditures  Turkey 15.8 1.5 0.6
23 List Of Countries With Highest Military Expenditures  Singapore 13.2 2.7 0.5
24 List Of Countries With Highest Military Expenditures  Mexico 11.8 0.7 0.5
25 List Of Countries With Highest Military Expenditures  Colombia 10.7 2.9 0.4
26 List Of Countries With Highest Military Expenditures  Iran 10.3 2.1 0.4
27 List Of Countries With Highest Military Expenditures  Indonesia 9.5 0.7 0.4
28 List Of Countries With Highest Military Expenditures  Sweden 8.8 1.5 0.4
29 List Of Countries With Highest Military Expenditures  Norway 8.7 1.6 0.4
30 List Of Countries With Highest Military Expenditures  Pakistan 8.5 2.8 0.3
31 List Of Countries With Highest Military Expenditures  Denmark 8.1 2.0 0.3
32 List Of Countries With Highest Military Expenditures  Kuwait 7.8 4.9 0.3
33 List Of Countries With Highest Military Expenditures  Greece 7.7 3.2 0.3
34 List Of Countries With Highest Military Expenditures  Belgium 7.6 1.2 0.3
35 List Of Countries With Highest Military Expenditures  Finland 7.3 2.4 0.3
36 List Of Countries With Highest Military Expenditures  Switzerland 6.3 0.7 0.3
37 List Of Countries With Highest Military Expenditures  Oman 5.9 5.4 0.2
38 List Of Countries With Highest Military Expenditures  Thailand 5.8 1.2 0.2
39 List Of Countries With Highest Military Expenditures  Romania 5.6 1.6 0.2
40 List Of Countries With Highest Military Expenditures  Chile 5.5 1.6 0.2
Rank Country Spending
(US$ bn)
01 List Of Countries With Highest Military Expenditures  United States 905.5
02 List Of Countries With Highest Military Expenditures  China (PPP) ε407.9
03 List Of Countries With Highest Military Expenditures  Russia (PPP) ε294.6
04 List Of Countries With Highest Military Expenditures  India 73.6
05 List Of Countries With Highest Military Expenditures  United Kingdom ε73.5
06 List Of Countries With Highest Military Expenditures  Saudi Arabia 69.1
07 List Of Countries With Highest Military Expenditures  Germany 63.7
08 List Of Countries With Highest Military Expenditures  France 60.0
09 List Of Countries With Highest Military Expenditures  Japan 49.0
10 List Of Countries With Highest Military Expenditures  South Korea 43.8
11 List Of Countries With Highest Military Expenditures  Australia 34.4
12 List Of Countries With Highest Military Expenditures  Italy 32.7
13 List Of Countries With Highest Military Expenditures  Ukraine 31.1
14 List Of Countries With Highest Military Expenditures  Brazil 24.2
15 List Of Countries With Highest Military Expenditures  Canada 24.2
16 List Of Countries With Highest Military Expenditures  Poland 23.5
17 List Of Countries With Highest Military Expenditures  United Arab Emirates 20.7
18 List Of Countries With Highest Military Expenditures  Israel 19.2
19 List Of Countries With Highest Military Expenditures  Spain 19
20 List Of Countries With Highest Military Expenditures  Taiwan 18.9

Highest military expenditure, share of GDP

This first list is a list of countries by military expenditure share of GDP—more specifically, a list of the top 15 countries by percentage share in recent years—the amount spent by a nation on its military as a share of its GDP.

The second list presents this as a share of the general government expenditure. The first list is sourced from the SIPRI for the year 2019 and from Military Balance 2017 published by International Institute for Strategic Studies for the year 2016. The second list is sourced only from the SIPRI for the year 2019.

As a share of GDP

List by the Stockholm International Peace Research Institute
SIPRI Military Expenditure Database(2022) 		List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2020
Rank Country % of GDP
1 List Of Countries With Highest Military Expenditures  Ukraine 33.55%
2 List Of Countries With Highest Military Expenditures  Saudi Arabia 7.42%
3 List Of Countries With Highest Military Expenditures  Qatar 6.96%
4 List Of Countries With Highest Military Expenditures  Togo 5.44%
5 List Of Countries With Highest Military Expenditures  Oman 5.17%
6 List Of Countries With Highest Military Expenditures  Jordan 4.84%
7 List Of Countries With Highest Military Expenditures  Algeria 4.78%
8 List Of Countries With Highest Military Expenditures  Azerbaijan 4.55%
9 List Of Countries With Highest Military Expenditures  Kuwait 4.53%
10 List Of Countries With Highest Military Expenditures  Israel 4.51%
11 List Of Countries With Highest Military Expenditures  Armenia 4.32%
12 List Of Countries With Highest Military Expenditures  Russia 4.06%*
13 List Of Countries With Highest Military Expenditures  Morocco 3.90%
14 List Of Countries With Highest Military Expenditures  Greece 3.69%
15 List Of Countries With Highest Military Expenditures  United States 3.45%
Rank Country % of GDP
01 List Of Countries With Highest Military Expenditures  Oman 12.0
02 List Of Countries With Highest Military Expenditures  Afghanistan 10.6
03 List Of Countries With Highest Military Expenditures  Lebanon 10.5
04 List Of Countries With Highest Military Expenditures  Kuwait 7.1
05 List Of Countries With Highest Military Expenditures  Saudi Arabia 7.1
06 List Of Countries With Highest Military Expenditures  Algeria 6.7
07 List Of Countries With Highest Military Expenditures  Iraq 5.8
08 List Of Countries With Highest Military Expenditures  UAE 5.6
09 List Of Countries With Highest Military Expenditures  Azerbaijan 5.4
10 List Of Countries With Highest Military Expenditures  Morocco 5.3
11 List Of Countries With Highest Military Expenditures  Israel 5.2
12 List Of Countries With Highest Military Expenditures  Jordan 4.9
13 List Of Countries With Highest Military Expenditures  Armenia 4.8
14 List Of Countries With Highest Military Expenditures  Mali 4.5
15 List Of Countries With Highest Military Expenditures  Qatar 4.4
* Bold values with an asterisk above are highly uncertain SIPRI estimates.

Italic values are SIPRI estimates.

Notes

See also

List Of Countries With Highest Military Expenditures 
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References

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