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
Countries by military expenditures (absolute) in 2014, based on data from the World Bank

This article 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] 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 Stockholm International Peace Research Institute (SIPRI) 2017 Fact Sheet, which includes a list on the world's top 15 military spenders in 2016, based on current market exchange rates.[1] The second 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]

List

List by the Stockholm International Peace Research Institute
2018 Fact Sheet (for 2017)[1]
SIPRI Military Expenditure Database[3] 		List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2017[4]
Rank Country Spending
($ Bn.)		 % of GDP % of World share
World total 1,739 2.2
01 United States United States 610.0 3.1 35.0
02 China People's Republic of China[a] 228.0 1.9 13.0
03 Saudi Arabia Saudi Arabia[a][b] 69.4 10.0 4.0
04 Russia Russia 66.3 4.3 3.8
05 India India 65.9 2.5 3.7
06 France France 57.8 2.3 3.3
07 United Kingdom United Kingdom 47.2 1.8 2.7
08 Japan Japan 45.4 0.9 2.6
09 Germany Germany 44.3 1.2 2.5
10 South Korea South Korea 39.2 2.6 2.3
11 Brazil Brazil 29.3 1.4 1.7
12 Italy Italy 29.2 1.7 1.7
13 Australia Australia 27.5 2.0 1.6
14 Canada Canada 20.6 1.3 1.2
15 Turkey Turkey 18.2 2.2 1.0
Rank Country Spending
($ Bn.)
01 United States United States 602.8
02 China People's Republic of China 150.5
03 Saudi Arabia Saudi Arabia 76.7
04 Russia Russia 61.2
05 India India 52.5
06 United Kingdom United Kingdom 50.7
07 France France 48.6
08 Japan Japan 46.0
09 Germany Germany 41.7
10 South Korea South Korea 35.7
11 Brazil Brazil 29.4
12 Australia Australia 25.0
13 Italy Italy 22.9
14 Israel Israel 21.6
15 Iraq Iraq 19.4


Notes

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

See also

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References

  1. ^ a b c "Trends in World Military Expenditure, 2017" (PDF). Stockholm International Peace Research Institute. Retrieved 2 May 2018. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  2. ^ International Institute for Strategic Studies (11 February 2015). The Military Balance 2015. London: Routledge. ISBN 1857437667.
  3. ^ "Data for all countries from 1988–2017 in constant (2016) USD (pdf)" (PDF). SIPRI. Retrieved 2 May 2018. {{cite web}}: Cite has empty unknown parameter: |dead-url= (help)
  4. ^ "IISS Military Balance 2017".

External links

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