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]

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

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 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]
RankCountrySpending
(US$ bn)		 % of GDP % of global spending
World total 2,2402.2100
01United States United States877.03.539
02China China[lower-alpha 1]292.01.613
03Russia Russia86.44.13.9
04India India81.42.43.6
05Saudi Arabia Saudi Arabia[lower-alpha 1][lower-alpha 2]75.07.43.3
06United Kingdom United Kingdom68.52.23.1
07Germany Germany55.81.42.5
08France France[lower-alpha 3]53.61.92.4
09South Korea South Korea46.42.72.1
100Japan Japan46.01.12.1
11Ukraine Ukraine44.0342.0
12Italy Italy33.51.71.5
13Australia Australia32.31.91.4
14Canada Canada26.91.21.2
15Israel Israel23.44.51.0
16Spain Spain20.31.50.9
17Brazil Brazil20.21.10.9
18Poland Poland[lower-alpha 3]16.62.40.7
19Netherlands Netherlands15.61.60.7
20Qatar Qatar15.47.00.7
21 Taiwan Taiwan 12.5 1.6 0.6
22 Singapore Singapore 11.7 2.8 0.5
23 Turkey Türkiye 10.6 1.2 0.5
24 Pakistan Pakistan 10.3 2.6 0.5
25 Colombia Colombia 9.9 3.1 0.4
26 Algeria Algeria 9.1 4.8 0.4
27 Indonesia Indonesia 9.0 0.7 0.4
28 Mexico Mexico 8.5 0.6 0.4
29 Norway Norway 8.4 1.6 0.4
30 Kuwait Kuwait 8.2 4.5 0.4
31 Greece Greece 8.1 3.7 0.4
32 Sweden Sweden 7.7 1.3 0.3
33 Belgium Belgium 6.9 1.2 0.3
34 Iran Iran 6.8 2.6 0.3
35 Switzerland Switzerland 6.1 0.8 0.3
36 Oman Oman 5.8 5.2 0.3
37 Thailand Thailand 5.7 1.2 0.3
38 Chile Chile 5.6 1.8 0.2
39 Denmark Denmark 5.5 1.2 0.2
40 Romania Romania 5.2 1.7 0.2
2022 edition of "The Military Balance" from the International Institute for Strategic Studies (IISS)
RankCountrySpending
(US$ bn)
01United States United States738.0
02China China193.3
03India India64.1
04United Kingdom United Kingdom61.5
05Russia Russia60.6
06France France56.8
07Germany Germany51.3
08Japan Japan49.7
09Saudi Arabia Saudi Arabia48.5
10South Korea South Korea40.4
11Australia Australia31.3
12Italy Italy29.3
13Brazil Brazil22.1
14Canada Canada20.0
15Israel Israel19.9

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[7] (2019)		 List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2020[6]
Rank Country % of GDP
1  Oman 8.8%
2  Saudi Arabia 8.5%
3  Algeria 6.0%
4  Kuwait 5.6%
5  Israel 5.3%
6  Armenia 4.9%
7  Jordan 4.7%
8  Lebanon 4.2%
9  Azerbaijan 4.0%
10  Pakistan 4.0%
11  Russia 3.9%
12  Bahrain 3.7%
13  Iraq 3.5%*
14  USA 3.4%
15  South Sudan 3.4%
RankCountry % of GDP
01 Oman12.0
02 Islamic Republic of Afghanistan10.6
03 Lebanon10.5
04 Kuwait7.1
05 Saudi Arabia7.1
06 Algeria6.7
07 Iraq5.8
08 UAE5.6
09 Azerbaijan5.4
10 Morocco5.3
11 Israel5.2
12 Jordan4.9
13 Armenia4.8
14 Mali4.5
15 Qatar4.4
* Bold values with an asterisk above are highly uncertain SIPRI estimates.

Italic values are SIPRI estimates.

Notes
  1. SIPRI estimate
  2. The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.
  3. 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
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References
  1. "Trends in World Military Expenditure, 2022" (PDF). Stockholm International Peace Research Institute. April 2023. Retrieved 29 April 2023.
  2. International Institute for Strategic Studies (25 February 2021). The Military Balance 2021. London: Routledge. ISBN 978-1032012278.
  3. "Why Russian Military Expenditure Is Much Higher Than Commonly Understood (As Is China's)". War on the Rocks. 16 December 2019. Archived from the original on 12 December 2021. Retrieved 12 December 2021.
  4. "Russian defense spending is much larger, and more sustainable than it seems". Defensenews. 3 May 2019. Archived from the original on 11 March 2022. Retrieved 12 December 2021.
  5. "Data for all countries from 1988–2020 in constant (2019) USD (pdf)" (PDF). SIPRI. Archived (PDF) from the original on 28 April 2021. Retrieved 28 April 2021.
  6. "IISS Military Balance 2021". The Military Balance. International Institute for Strategic Studies. 121 (1): 23–29. January 2021. doi:10.1080/04597222.2021.1868791. S2CID 232050862. Archived from the original on 7 October 2021. Retrieved 25 February 2021.
  7. Excel file here Archived 12 December 2020 at the Wayback Machine | Derived from SIPRI's own webpage Archived 2 May 2019 at the Wayback Machine.

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