List of countries with highest military expenditures

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Military spending by country

This is a list of countries with highest military expenditures.

Highest military expenditure

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The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2024, based on current market exchange rates.[1]

The second list is based on the 2025 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates.[2]

40 countries with the highest military spending worldwide in 2024[1]
SIPRI Military Expenditure Database 		List by the International Institute for Strategic Studies

2025 edition of "The Military Balance" from the
International Institute for Strategic Studies (IISS)[2][3][4]
for the year 2024

Rank Country Spending
(US$ bn)		 % of GDP % of global
spending
1 United States United States 997.0 3.4 37.0
2 China China[a] 314.0 1.7 12.0
3 Russia Russia[a] 149.0 7.1 5.5
4 Germany Germany 88.5 1.9 3.3
5 India India 86.1 2.3 3.2
6 United Kingdom United Kingdom 81.8 2.3 3.0
7 Saudi Arabia Saudi Arabia[a] 80.3 7.3 3.0
8 Ukraine Ukraine 64.7 34.0 2.4
9 France France[b] 64.7 2.1 2.4
10 Japan Japan 55.3 1.4 2.0
11 South Korea South Korea 47.6 2.6 1.8
12 Israel Israel 46.5 8.8 1.7
13 Poland Poland[b] 38.0 4.2 1.4
14 Italy Italy 38.0 1.6 1.4
15 Australia Australia 33.8 1.9 1.2
16 Canada Canada 29.3 1.3 1.1
17 Turkey Turkey 25.0 1.9 1.0
18 Spain Spain 24.6 1.4 0.9
19 Netherlands Netherlands 23.2 1.9 0.7
20 Algeria Algeria 21.8 8.0 0.7
21 Brazil Brazil 20.9 1.0 0.7
22 Mexico Mexico 16.7 0.9 0.6
23 Taiwan Taiwan 16.5 2.1 0.5
24 Colombia Colombia 15.1 3.4 0.5
25 Singapore Singapore 15.1 2.8 0.4
26 Sweden Sweden 12.0 2.0 0.4
27 Indonesia Indonesia 11.0 0.8 0.4
28 Norway Norway 10.4 2.1 0.4
29 Pakistan Pakistan 10.2 2.7 0.4
30 Denmark Denmark 10.0 2.4 0.3
31 Romania Romania 8.7 2.3 0.3
32 Belgium Belgium 8.6 1.3 0.3
33 Greece Greece 8.0 3.1 0.3
34 Iran Iran 7.9 2.0 0.3
35 Kuwait Kuwait 7.8 4.8 0.3
36 Finland Finland 7.0 2.3 0.3
37 Switzerland Switzerland 6.7 0.7 0.2
38 Czech Republic Czechia 6.5 1.9 0.2
39 Iraq Iraq 6.2 2.4 0.2
40 Philippines Philippines 6.1 1.3 0.2
Rank Country Spending
(US$ bn)
1 United States United States 968.0
2 China China 235.0
3 Russia Russia 145.9
4 Germany Germany 86.0
5 United Kingdom United Kingdom 81.1
6 India India 74.4
7 Saudi Arabia Saudi Arabia 71.7
8 France France 64.0
9 Japan Japan 53.0
10 South Korea South Korea 43.9
11 Australia Australia 36.4
12 Italy Italy 35.2
13 Israel Israel 33.7
14 Ukraine Ukraine 28.4
15 Poland Poland 28.4
16 Canada Canada 27.0
17 Brazil Brazil 24.4
18 Netherlands Netherlands 23.6
19 United Arab Emirates United Arab Emirates 22.3
20 Algeria Algeria 21.4
21 Spain Spain 19.4
22 Taiwan Taiwan 18.9
23 Singapore Singapore 15.2
24 Turkey Turkey 14.3
25 Iraq Iraq 12.7
26 Sweden Sweden 12.3
27 Indonesia Indonesia 10.9
28 Mexico Mexico 10.2
29 Norway Norway 9.8
30 Qatar Qatar 9.7

Highest military expenditure, share of GDP

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The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years.

The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies.

As a share of GDP

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List by the Stockholm International Peace Research Institute
SIPRI Military Expenditure Database (2024)[5] 		List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2020[6]
Rank Country % of GDP
1  Ukraine 34,48%
2  Israel 8,78%
3  Algeria 7,97%
4  Saudi Arabia 7,30%
5  Russia 7,05%
6  Myanmar 6,79%
7  Oman 5,59%
8  Armenia 5,48%
9  Azerbaijan 4,99%
10  Kuwait 4,84%
11  Jordan 4,80%
12  Burkina Faso 4,68%
13  Mali 4,20%
14  Poland 4,15%
15  Burundi 3,80%
16  Brunei 3,58%
17  Morocco 3,52%
18  United States of America 3,42%
19  Estonia 3,37%
20  Colombia 3,36%
21  Latvia 3,26%
22  Greece 3,13%
23  Lithuania 3,12%
24  Chad 2,98%
25  Kyrgyz Republic 2,97%
Rank Country % of GDP
1  Oman 12.0
2  Afghanistan 10.6
3  Lebanon 10.5
4  Kuwait 7.1
5  Saudi Arabia 7.1
6  Algeria 6.7
7  Iraq 5.8
8  UAE 5.6
9  Azerbaijan 5.4
10  Morocco 5.3
11  Israel 5.2
12  Jordan 4.9
13  Armenia 4.8
14  Mali 4.5
15  Qatar 4.4
* Italic values are SIPRI estimates.


See also

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Notes

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  1. ^ a b c SIPRI estimate
  2. ^ a b The figures for France and Poland exclude expenditure for National Gendarmerie and Żandarmeria Wojskowa.

References

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  1. ^ a b "Trends in Military Expenditure 2024" (PDF). Stockholm International Peace Research Institute. April 2025. Retrieved 28 April 2025.
  2. ^ a b "The Military Balance 2025: Defence Spending and Procurement Trends". IISS. Retrieved 14 February 2025.
  3. ^ "Interactive: Global defence spending in 2024". IISS. Retrieved 19 February 2025.
  4. ^ "Global defence spending soars to new high". IISS. Retrieved 24 April 2025.
  5. ^ "SIPRI Military Expenditure Database". SIPRI. 28 April 2025. Retrieved 28 April 2025.
  6. ^ "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. Archived from the original on 7 October 2021. Retrieved 25 February 2021.
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