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.

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.

Highest military expenditure, share of GDP

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

Notes

See also

• Arms industry
• Military budget
• Past military expenditure by country
• List of countries by military expenditure per capita
• List of countries by Global Militarization Index
• List of countries in Europe by military expenditures

References

External links

• SIPRI military expenditure database (sipri.org)

1. List of countries with highest military expenditure per capita
2. List of countries by number of military and paramilitary personnel
3. Military budget
4. Lists of sovereign states and dependent territories
5. Military budget of Russia
6. Military
7. List of countries with universal health care
8. Government spending
9. Military budget of India
10. List of states with nuclear weapons
11. Hellenic Armed Forces
12. Russian Armed Forces
13. Danish Defence
14. Global Peace Index
15. List of countries by minimum wage
16. Arms industry
17. United States Armed Forces
18. Canada
19. Bundeswehr
20. Israel