List of countries with highest military expenditures
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 it would create a special fund of €100bn (US$110bn), "for strategic investments in the Bundeswehr’s readiness and modernization after decades of budget cuts"[5] and would spend at least 2% of its GDP on defence, up from 1.5%.[6]
List by the Stockholm International Peace Research Institute 2022 Fact Sheet (for 2021)[1] SIPRI Military Expenditure Database[7] |
List by the International Institute for Strategic Studies Top 15 Defence Budgets 2021[8] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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[9] (2019) |
List by the International Institute for Strategic Studies Top 15 Defence Budgets 2020[8] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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* Bold values with an asterisk above are highly uncertain SIPRI estimates.
Italic values are SIPRI estimates. |
Notes
- ^ a b SIPRI estimate.
- ^ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.[citation needed]
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
- Military budget of the United States
References
- ^ 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.
- ^ International Institute for Strategic Studies (25 February 2021). The Military Balance 2021. London: Routledge. ISBN 978-1032012278.
- ^ "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.
- ^ "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) - ^ "Germany's military U-turn is a turning point in the history of Europe". CNN. Retrieved 3 March 2022.
- ^ Sheahan, Maria; Marsh, Sarah (27 February 2022). "Germany to increase defence spending in response to 'Putin's war' - Scholz". Reuters. Retrieved 28 February 2022.
- ^ "Data for all countries from 1988–2020 in constant (2019) USD (pdf)" (PDF). SIPRI. Retrieved 28 April 2021.
- ^ 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.
- ^ Excel file here | Derived from SIPRI's own webpage.
External links
- SIPRI military expenditure database (sipri.org)