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.^[1]

Highest military expenditure, total edit

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.^[1]

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.^[2]

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.^[3]^[4]

40 Countries with the highest military spending worldwide in 2023^[1]
SIPRI Military Expenditure Database^[5]

List by the International Institute for Strategic Studies

2024 edition of "The Military Balance" from the International Institute for Strategic Studies (IISS)^[2]

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

Rank	Country	Spending (US$ bn)
01	United States	905.5
02	China	(PPP) ε407.9
03	Russia	(PPP) ε294.6
04	India	73.6
05	United Kingdom	ε73.5
06	Saudi Arabia	69.1
07	Germany	63.7
08	France	60.0
09	Japan	49.0
10	South Korea	43.8
11	Australia	34.4
12	Italy	32.7
13	Ukraine	31.1
14	Brazil	24.2
15	Canada	24.2
16	Poland	23.5
17	United Arab Emirates	20.7
18	Israel	19.2
19	Spain	19
20	Taiwan	18.9

Highest military expenditure, share of GDP edit

The following lists are lists of countries by military spending as a share of GDP - more specifically, a list of the 15 countries with the highest share in recent years - the amount a country has spent on its military as a share of its GDP.

The first list uses SIPRI as a source. The second list gets its data from the International Institute for Strategic Studies.

As a share of GDP edit

List by the Stockholm International Peace Research Institute
SIPRI Military Expenditure Database^[6](2023)

List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2020^[7]

Rank	Country	% of GDP
1	Ukraine	36.65%
2	Lebanon	8,91%
3	Algeria	8,17%
4	Saudi Arabia	7,09%
5	South Sudan	6,26%
6	Russia	5,86%
7	Armenia	5,45%
8	Oman	5,40%
9	Israel	5,32%
10	Jordan	4,91%
11	Kuwait	4,90%
12	Azerbaijan	4,60%
13	Togo	4,01%
14	Burkina Faso	4,01%
15	Poland	3,83%


Rank	Country	% of GDP
01	Oman	12.0
02	Afghanistan	10.6
03	Lebanon	10.5
04	Kuwait	7.1
05	Saudi Arabia	7.1
06	Algeria	6.7
07	Iraq	5.8
08	UAE	5.6
09	Azerbaijan	5.4
10	Morocco	5.3
11	Israel	5.2
12	Jordan	4.9
13	Armenia	4.8
14	Mali	4.5
15	Qatar	4.4

* Bold values with an asterisk above are highly uncertain SIPRI estimates.

Italic values are SIPRI estimates.

Notes edit

^ ^a ^b SIPRI estimate
^ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.^{[citation needed]}
^ ^a ^b The figures for France and Poland exclude expenditure for Gendarmerie nationale and Żandarmeria Wojskowa.

References edit

External links edit

SIPRI military expenditure database (sipri.org)

[x-6] SIPRI estimate

[y-7] The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.^{[citation needed]}

[z-8] The figures for France and Poland exclude expenditure for Gendarmerie nationale and Żandarmeria Wojskowa.

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