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List of countries by military expenditures

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]

Contents

ListEdit

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 610.0 3.1 35.0
02   People's Republic of China[a] 228.0 1.9 13.0
03   Saudi Arabia[a][b] 69.4 10 4.0
04   Russia 66.3 4.3 3.8
05   India 63.9 2.5 3.7
06   France 57.8 2.3 3.3
07   United Kingdom 47.2 1.8 2.7
08   Japan 45.4 0.9 2.6
09   Germany 44.3 1.2 2.5
10   South Korea 39.2 2.6 2.3
11   Brazil 29.3 1.4 1.7
12   Italy 29.2 1.7 1.7
13   Australia 27.5 2.0 1.6
14   Canada 20.6 1.3 1.2
15   Turkey 18.2 2.2 1.0
Rank Country Spending
($ Bn.)
01   United States 602.8
02   People's Republic of China 150.5
03   Saudi Arabia 76.7
04   Russia 61.2
05   India 52.5
06   United Kingdom 50.7
07   France 48.6
08   Japan 46.0
09   Germany 41.7
10   South Korea 35.7
11   Brazil 29.4
12   Australia 25.0
13   Italy 22.9
14   Israel 21.6
15   Iraq 19.4


NotesEdit

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

See alsoEdit

ReferencesEdit

External linksEdit