This is a list of countries by 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.

Military expenditure, total

;

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) 2022 fact sheet The first list is based on the SIPRI fact sheet which includes a list of the world's top 15 military spenders in 2022, based on current market exchange rates. The second list is based on the 2022 edition of "The Military Balance" published by the International Institute for Strategic Studies (IISS) using average market exchange rates. Russian and Chinese military spending are actually far higher than the chart due to

captive markets 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 ...

and Purchasing Price Parity in those countries.

Military expenditure, share of GDP

This first list is a list of countries by

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 ...

share of GDP—more specifically, a list of the top 15 countries by percentage share in recent years—the amount spent by a nation on its military as a share of its GDP. The second list presents this as a share of the general government expenditure. The first list is sourced from the SIPRI for the year 2019 and from Military Balance 2017 published by

International Institute for Strategic Studies The International Institute for Strategic Studies (IISS) is a British research institute or think tank in the area of international affairs. Since 1997, its headquarters have been Arundel House in London, England. The 2017 Global Go To Think T ...

for the year 2016. The second list is sourced only from the SIPRI for the year 2019.

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.

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 ...