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List of countries with highest military expenditures

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Map of military spending as a percentage of GDP for countries according to SIPRI, 2022.[1]

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

Stockholm International Peace Research Institute (SIPRI) 2022 fact sheet

The first list is based on the SIPRI fact sheet which includes a list of the world's top 15 military spenders in 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]

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]

On February 27, 2022, in response to the ongoing escalation of the Russo-Ukrainian War, Germany announced to create a special fund of 100 billion Euro or 112bn USD, additionaly to the regular 47.31bn Euro or 52.8bn USD, as estimated by SIPRI, putting them at the 3rd largest on the planet. German Chancellor Olaf Scholz stated that it was in response to what he called "Putin's War", citing that it would allow them to give massive military aid to Ukraine in the form of anti-tank missiles and surface-to-air missiles, much like the US with their supplying of javelin missiles or the UK and Sweden supplying MBT LAW/NLAWs all in an attempt to give the outnumbered Ukrainian military an easy way to destroy Russian tanks to "balance out the David vs Goliath equation" as Fareed Zakaria says.[5][6] Domestically, this would also allow Germany wiggle room in the budget for potentially replacing their Panavia Tornado, a relatively outdated fourth generation strike fighter made in 1979, with fifth generation Lockheed Martin F-35 Lightning IIs, a much more modern design, and one that would be more able to hold it's own against Russian fifth generation planes such as the Sukhoi Su-57 in anticipation of direct conflict between Germany and Russia, who they would be overtaking by a margin of 38.3bn USD (again, using SIPRI's estimates).[7][8] This would also push total global defense expenditure past the 2 trillion US dollar mark to 2.0282tn, up from 1.981, and would put Germany at spending 4.9% of it.

List by the Stockholm International Peace Research Institute
2022 Fact Sheet (for 2021)[1]
SIPRI Military Expenditure Database[9]
List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2021
[10]
Rank Country Spending
(US$ bn)
% of GDP % of global spending
World total 1,981 2.4 100%
01 United States United States 778.0 3.7 39%
02 China China[a] 252.0 1.7 13%
03 India India 72.9 2.9 3.7%
04 Russia Russia 61.7 4.3 3.1%
05 United Kingdom United Kingdom 59.2 2.7 3.0%
06 Saudi Arabia Saudi Arabia[a][b] 57.5 8.4 2.9%
07 Germany Germany 52.8 1.4 2.7%
08 France France 52.7 2.1 2.7%
09 Japan Japan 49.1 1.0 2.5%
10 South Korea South Korea 45.7 2.8 2.3%
11 Italy Italy 28.9 1.6 1.5%
12 Australia Australia 27.5 2.1 1.4%
13 Canada Canada 20.8 1.3 1.1%
14 Israel Israel 21.7 5.6 1.1%
15 Brazil Brazil 19.7 1.4 1.0%
2022 edition of "The Military Balance" from the International Institute for Strategic Studies (IISS)
Rank Country Spending
(US$ bn)
01 United States United States 738.0
02 China China 193.3
03 India India 64.1
04 United Kingdom United Kingdom 61.5
05 Russia Russia 60.6
06 France France 56.8
07 Germany Germany 51.3
08 Japan Japan 49.7
09 Saudi Arabia Saudi Arabia 48.5
10 South Korea South Korea 40.4
11 Australia Australia 31.3
12 Italy Italy 29.3
13 Brazil Brazil 22.1
14 Canada Canada 20.0
15 Israel 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
[11] (2019)
List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2020
[10]
Rank Country % of GDP
1  Oman 8.8%
2  Saudi Arabia 8.0%
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 Afghanistan 10.6
03 Lebanon 10.5
04 Kuwait 7.1
05 Saudi Arabia7.1
06 Algeria 6.7
07 Iraq 5.8
08 UAE 5.6
09 Azerbaijan 5.4
10 Morocco 5.3
10 Israel 5.2
12 Jordan 4.9
13 Armenia4.8
13 Mali 4.5
15 Qatar 4.4
* Bold values with an asterisk above are highly uncertain SIPRI estimates.

Italic values are SIPRI estimates.

Notes

  1. ^ a b SIPRI estimate.
  2. ^ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.[citation needed]

See also

References

  1. ^ a b c d Tian, Nan; Fleurant, Aude; Kuimova, Alexandra; Wezeman, Pieter D.; Wezeman, Siemon T. (26 April 2021). "Trends in World Military Expenditure, 2020" (PDF). Stockholm International Peace Research Institute. Retrieved 28 April 2021.
  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. Retrieved 12 December 2021.
  4. ^ "Russian defense spending is much larger, and more sustainable than it seems". Defensenews. 3 May 2019. Retrieved 12 December 2021.{{cite web}}: CS1 maint: url-status (link)
  5. ^ DelhiFebruary 27, Abhishek Bhalla New; February 27, 2022UPDATED; Ist, 2022 02:24. "Influx of Javelin missiles to Ukraine could balance out David vs Goliath equation: Fareed Zakaria". India Today. Retrieved 28 February 2022. {{cite web}}: |first3= has numeric name (help)CS1 maint: numeric names: authors list (link)
  6. ^ Sheridan, Danielle (25 February 2022). "Ukraine using British NLAW anti-tank missiles to destroy Russian armour". The Telegraph. ISSN 0307-1235. Retrieved 28 February 2022.
  7. ^ Sheahan, Maria; Marsh, Sarah (27 February 2022). "Germany to increase defence spending in response to 'Putin's war' - Scholz". Reuters. Retrieved 28 February 2022.
  8. ^ "As over 100,000 rally for Ukraine, Germany announces vast defense spending increase that may upend European security policy". Washington Post. ISSN 0190-8286. Retrieved 28 February 2022.
  9. ^ "Data for all countries from 1988–2020 in constant (2019) USD (pdf)" (PDF). SIPRI. Retrieved 28 April 2021.
  10. ^ a b "IISS Military Balance 2021". The Military Balance. 121 (1). International Institute for Strategic Studies: 23–29. January 2021. doi:10.1080/04597222.2021.1868791. S2CID 232050862.
  11. ^ Excel file here | Derived from SIPRI's own webpage.