List of countries by military expenditures

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Created by Ajay Kumar
Last edited September 30, 2023
Map of military spending as a percentage of GDP for countries as of 2022, according to the Stockholm International Peace Research Institute[1]
Global military spending in 2021

This is a list of countries by military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates.[1]

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 15 military spenders as of 2022, based on current market exchange rates.[1]

The second list is based on the 2022 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]

List by the Stockholm International Peace Research Institute
2023 Fact Sheet (for 2022)[1]
SIPRI Military Expenditure Database[5] 		List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2021[6]
Rank Country Spending
(US$ bn)		 % of GDP % of global spending
World total 2,240 2.2 100%
Template:01 Template:Flagicon United States 877.0 3.5 39%
Template:02 Template:Flagicon China[lower-alpha 1] 292.0 1.6 13%
Template:03 Template:Flagicon Russia 86.4 4.1 3.9%
Template:04 Template:Flagicon India 81.4 2.4 3.6%
Template:05 Template:Flagicon Saudi Arabia[lower-alpha 1][lower-alpha 2] 75.0 7.4 3.3%
Template:06 Template:Flagicon United Kingdom 68.5 2.2 3.1%
Template:07 Template:Flagicon Germany 55.8 1.4 2.5%
Template:08 Template:Flagicon France[lower-alpha 3] 53.6 1.9 2.4%
Template:09 Template:Flagicon South Korea 46.4 2.7 2.1%
10Template:0 Template:Flagicon Japan 46.0 1.1 2.1%
11 Template:Flagicon Ukraine 44.0 34 2.0%
12 Template:Flagicon Italy 33.5 1.7 1.5%
13 Template:Flagicon Australia 32.3 1.9 1.4%
14 Template:Flagicon Canada 26.9 1.2 1.2%
15 Template:Flagicon Israel 23.4 4.5 1.0%
16 Template:Flagicon Spain 20.3 1.5 0.9%
17 Template:Flagicon Brazil 20.2 1.1 0.9%
18 Template:Flagicon Poland[lower-alpha 3] 16.6 2.4 0.7%
19 Template:Flagicon Netherlands 15.6 1.6 0.7%
20 Template:Flagicon Qatar 15.4 7.0 0.7%
2022 edition of "The Military Balance" from the International Institute for Strategic Studies (IISS)
Rank Country Spending
(US$ bn)
Template:01 Template:Flagicon United States 738.0
Template:02 Template:Flagicon China 193.3
Template:03 Template:Flagicon India 64.1
Template:04 Template:Flagicon United Kingdom 61.5
Template:05 Template:Flagicon Russia 60.6
Template:06 Template:Flagicon France 56.8
Template:07 Template:Flagicon Germany 51.3
Template:08 Template:Flagicon Japan 49.7
Template:09 Template:Flagicon Saudi Arabia 48.5
10 Template:Flagicon South Korea 40.4
11 Template:Flagicon Australia 31.3
12 Template:Flagicon Italy 29.3
13 Template:Flagicon Brazil 22.1
14 Template:Flagicon Canada 20.0
15 Template:Flagicon Israel 19.9

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[7] (2019) 		List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2020[6]
Rank Country % of GDP
1 Template:Flag 8.8%
2 Template:Flag 8.5%
3 Template:Flag 6.0%
4 Template:Flag 5.6%
5 Template:Flag 5.3%
6 Template:Flag 4.9%
7 Template:Flag 4.7%
8 Template:Flag 4.2%
9 Template:Flag 4.0%
10 Template:Flag 4.0%
11 Template:Flag 3.9%
12 Template:Flag 3.7%
13 Template:Flag 3.5%*
14 Template:Flag 3.4%
15 Template:Flag 3.4%
Rank Country % of GDP
Template:01 Template:Flag 12.0
Template:02 Template:Flag 10.6
Template:03 Template:Flag 10.5
Template:04 Template:Flag 7.1
Template:05 Template:Flag 7.1
Template:06 Template:Flag 6.7
Template:07 Template:Flag 5.8
Template:08 Template:Flag 5.6
Template:09 Template:Flag 5.4
10 Template:Flag 5.3
11 Template:Flag 5.2
12 Template:Flag 4.9
13 Template:Flag 4.8
14 Template:Flag 4.5
15 Template:Flag 4.4
* Bold values with an asterisk above are highly uncertain SIPRI estimates.

Italic values are SIPRI estimates.

Notes

  1. ↑ 1.0 1.1 SIPRI estimate.
  2. ↑ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.Template:Citation needed
  3. ↑ 3.0 3.1 The figures for France and Poland exclude expenditure for Gendarmerie nationale and Żandarmeria Wojskowa. Inclusive of the Gendarmerie militarised police forces, France's spending is circa $67.17bn and Poland $14.8bn

See also

References

  1. ↑ 1.0 1.1 1.2 1.3 Trends in World Military Expenditure, 2022. Stockholm International Peace Research Institute(April 2023). Retrieved 29 April 2023.
  2. ↑ The Military Balance 2021{{#if:|, {{{last}}}}. Routledge(25 February 2021). ISBN 978-1032012278
  3. ↑ Why Russian Military Expenditure Is Much Higher Than Commonly Understood (As Is China's). War on the Rocks(2019-12-16). Retrieved 2021-12-12.
  4. ↑ Russian defense spending is much larger, and more sustainable than it seems. Defensenews(2019-05-03). Retrieved 2021-12-12.
  5. ↑ Data for all countries from 1988–2020 in constant (2019) USD (pdf). SIPRI. Retrieved 28 April 2021.
  6. ↑ 6.0 6.1 IISS Military Balance 2021. The Military Balance({Template:Date).
  7. ↑ Excel file here Template:Webarchive | Derived from SIPRI's own webpage Template:Webarchive.

Template:Military country lists

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