List of countries with highest military expenditures

Global military expenditure in 2022

This is a list of countries with the highest military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates.[1]

Highest military expenditure, total

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 2022, based on current market exchange rates.[1]

The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates.[2]

Some sources say that 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]

40 Countries with the highest military spending worldwide in 2022[1]
SIPRI Military Expenditure Database[5]
List by the International Institute for Strategic Studies

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

Rank Country Spending
(US$ bn)
% of GDP % of global spending
World total 2,240 2.2 100
01 United States United States 877.0 3.5 39
02 China China[a] 292.0 1.6 13
03 Russia Russia 86.4 4.1 3.9
04 India India 81.4 2.4 3.6
05 Saudi Arabia Saudi Arabia[a][b] 75.0 7.4 3.3
06 United Kingdom United Kingdom 68.5 2.2 3.1
07 Germany Germany 55.8 1.4 2.5
08 France France[c] 53.6 1.9 2.4
09 South Korea South Korea 46.4 2.7 2.1
100 Japan Japan 46.0 1.1 2.1
11 Ukraine Ukraine 44.0 34 2.0
12 Italy Italy 33.5 1.7 1.5
13 Australia Australia 32.3 1.9 1.4
14 Canada Canada 26.9 1.2 1.2
15 Israel Israel 23.4 4.5 1.0
16 Spain Spain 20.3 1.5 0.9
17 Brazil Brazil 20.2 1.1 0.9
18 Poland Poland[c] 16.6 2.4 0.7
19 Netherlands Netherlands 15.6 1.6 0.7
20 Qatar Qatar 15.4 7.0 0.7
21 Taiwan Taiwan 12.5 1.6 0.6
22 Singapore Singapore 11.7 2.8 0.5
23 Turkey Turkey 10.6 1.2 0.5
24 Pakistan Pakistan 10.3 2.6 0.5
25 Colombia Colombia 9.9 3.1 0.4
26 Algeria Algeria 9.1 4.8 0.4
27 Indonesia Indonesia 9.0 0.7 0.4
28 Mexico Mexico 19.5 0.9 0.4
29 Norway Norway 8.4 1.6 0.4
30 Kuwait Kuwait 8.2 4.5 0.4
31 Greece Greece 8.1 3.7 0.4
32 Sweden Sweden 7.7 1.3 0.3
33 Belgium Belgium 6.9 1.2 0.3
34 Iran Iran 6.8 2.6 0.3
35 Switzerland Switzerland 6.1 0.8 0.3
36 Oman Oman 5.8 5.2 0.3
37 Thailand Thailand 5.7 1.2 0.3
38 Chile Chile 5.6 1.8 0.2
39 Denmark Denmark 5.5 1.2 0.2
40 Romania Romania 5.2 1.7 0.2
Rank Country Spending
(US$ bn)
01 United States United States 905.5
02 China China (PPP) ε407.9
03 Russia Russia (PPP) ε294.6
04 India India 73.6
05 United Kingdom United Kingdom ε73.5
06 Saudi Arabia Saudi Arabia 69.1
07 Germany Germany 63.7
08 France France 60.0
09 Japan Japan 49.0
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