SM share of world military expenditure of the 15 countries with the highest spending in 2022

This is a list of countries with the highest military expenditure in a given year.

Military expenditure A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes. Financing milit ...

figures are presented in

United States dollar The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the officia ...

s based on either constant or current exchange rates.

Highest military expenditure, total

The first list is based on the

Stockholm International Peace Research Institute Stockholm International Peace Research Institute (SIPRI) is an international institute based in Stockholm. It was founded in 1966 and provides data, analysis and recommendations for armed conflict, military expenditure and arms trade as well a ...

(SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2023, based on current market exchange rates. 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. Some sources say that Russian and

Chinese Chinese can refer to: * Something related to China * Chinese people, people of Chinese nationality, citizenship, and/or ethnicity **''Zhonghua minzu'', the supra-ethnic concept of the Chinese nation ** List of ethnic groups in China, people of va ...

military spending are actually far higher than the chart due to

captive market Captive markets are markets where the potential consumers face a severely limited number of competitive suppliers; their only choices are to purchase what is available or to make no purchase at all. The term therefore applies to any market where t ...

s and purchasing price parity in those countries.

Highest military expenditure, share of GDP

The following lists are lists 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

as a source. The second list gets its data from the International Institute for Strategic Studies.

As a share of GDP

Notes

SIPRI estimate The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated. The figures for France and Poland exclude expenditure for

Gendarmerie nationale Gendarmerie Nationale most commonly refers to: * Gendarmerie Nationale (France) * Gendarmerie Nationale (Belgium), merged with Belgian police in 2001 Gendarmerie Nationale may also refer to: *Gendarmerie Nationale (Algeria) * Gendarmerie National ...

and Żandarmeria Wojskowa.

References

External links

SIPRI military expenditure database
(sipri.org) {{DEFAULTSORT:List Of Countries By Military Expenditures

Military A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...

Military comparisons lists of countries A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...