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List of countries with highest military expenditures

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Countries by military expenditures (% of their GDP) in 2014, based on data from the World Bank.

This article is a list of countries by military expenditure, the amount spent by a nation on its military in a given year. Military expenditure figures are presented in US$ based on either constant or current exchange rates.[1] These results can vary greatly from one year to another based on fluctuations in the exchange rates of each country's currency. Such fluctuations may change a country's ranking from one year to the next.

The first list is based on the 2016 edition of "The Military Balance" published by the International Institute for Strategic Studies (IISS) using average market exchange rates.[2] The second list is based on the Stockholm International Peace Research Institute (SIPRI) 2016 Fact Sheet which includes a list on the world's top 15 military spenders in 2015, based on current market exchange rates.[1]

List

Top five countries by military expenditure in 2016.
According to the International Institute for Strategic Studies.[2]
List by the International Institute for Strategic Studies
World Military Balance 2016 (for 2015)[2] 		List by the Stockholm International Peace Research Institute
2016 Fact Sheet (for 2015)[1]
Rank Country Spending
($ Bn.)		 % of GDP Per capita ($)
World total 1,563.0 2.1 216
1 United States United States 597.5 3.3 1859
2 European Union European Union[3] 216.2 1.5 387 [4]
3 China China 145.8 1.2 106
4 Saudi Arabia Saudi Arabia 81.8 12.9 2949
5 United Kingdom United Kingdom 56.2 2.0 878
6 Russia Russia 51.6 4.1 362
7 India India 47.9 1.8 35
8 France France 46.8 1.9 702
9 Japan Japan 41.4 1.0 323
10 Germany Germany 36.6 1.1 454
11 South Korea South Korea 33.4 2.4 681
12 Brazil Brazil 24.2 1.3 119
13 Australia Australia 22.7 1.8 1000
14 Italy Italy 21.5 1.1 348
15 Iraq Iraq 21.1 12.7 569
16 Israel Israel 18.5 6.2 2310
17 Canada Canada 14.0 0.9 399
18 Algeria Algeria 10.8 6.2 274
19 Spain Spain 10.7 0.9 223
20 Poland Poland 10.3 2.1 267
21 Taiwan Taiwan 10.2 1.9 438
Rest of World 260.5
Rank Country Spending
($ Bn.)		 % of GDP
World total 1,676.0 2.3
1 United States United States 596.0 3.9
2 European Union European Union[3] 216.2 1.5
3 China China 215.0 1.9
4 Saudi Arabia Saudi Arabia 87.2 13.7
5 Russia Russia 66.4 5.4
6 United Kingdom United Kingdom 55.5 2.0
7 India India 51.3 2.3
8 France France 50.9 2.1
9 Japan Japan 40.9 1.0
10 Germany Germany 39.4 1.2
11 South Korea South Korea 36.4 2.6
12 Brazil Brazil 24.6 1.4
13 Italy Italy 23.8 1.3
14 Australia Australia 23.6 1.9
15 United Arab Emirates United Arab Emirates 22.8 5.7
16 Israel Israel 16.1 5.4

Notes

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See also

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References

  1. ^ a b c "Trends in World Military Expenditure, 2015" (PDF). Stockholm International Peace Research Institute. Retrieved 5 April 2016.
  2. ^ a b c International Institute for Strategic Studies (11 February 2015). The Military Balance 2015. London: Routledge. ISBN 1857437667. Cite error: The named reference "IISS" was defined multiple times with different content (see the help page).
  3. ^ a b Defence Data Portal, Official 2012 defence statistics from the European Defence Agency
  4. ^ European Defense Agency 2011, EU–US Defence Data 2011
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