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A military budget (or military expenditure), also known as a defense
budget A budget is a financial plan In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal p ...

budget
, is the amount of
financial resources
financial resources
dedicated by a
state State may refer to: Arts, entertainment, and media Literature * ''State Magazine'', a monthly magazine published by the U.S. Department of State * The State (newspaper), ''The State'' (newspaper), a daily newspaper in Columbia, South Carolina, Un ...
to raising and maintaining an
armed forces A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare War is an intense armed conflict between State (polity), states, governments, Society, societies, or pa ...
or other methods essential for defense purposes.


Financing militaries

Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure. It also gives an idea of how much financing should be provided for the upcoming fiscal year. The size of a budget also reflects the country's ability to fund military activities. Factors include the size of that country's economy, other financial demands on that entity, and the willingness of that entity's government or people to fund such military activity. Generally excluded from military expenditures is spending on internal law enforcement and disabled veteran rehabilitation. The effects of military expenditure on a nation's economy and society, and what determines military expenditure, are notable issues in
political science Political science is the scientific study of politics Politics (from , ) is the set of activities that are associated with making decisions in groups, or other forms of power relations between individuals, such as the distribution of ...
and
economics Economics () is a social science Social science is the branch A branch ( or , ) or tree branch (sometimes referred to in botany Botany, also called , plant biology or phytology, is the science of plant life and a bran ...

economics
. There are controversial findings and theories regarding these topics. Generally, some suggest military expenditure is a boost to local economies. Still, others maintain military expenditure is a drag on development. Among the countries maintaining some of the world's largest military budgets,
China China (), officially the People's Republic of China (PRC; ), is a country in . It is the world's , with a of more than 1.4 billion. China spans five geographical and 14 different countries, the in the world after . Covering an area of ap ...

China
,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

India
,
France France (), officially the French Republic (french: link=no, République française), is a List of transcontinental countries, transcontinental country spanning Western Europe and Overseas France, overseas regions and territories in the Ame ...

France
,
Germany ) , image_map = , map_caption = , map_width = 250px , capital = Berlin Berlin (; ) is the and by both area and population. Its 3,769,495 inhabitants, as of 31 December 2019 makes it the , according to population within city l ...

Germany
,
Japan Japan ( ja, 日本, or , and formally ) is an island country An island country or an island nation is a country A country is a distinct territory, territorial body or political entity. It is often referred to as the land of an in ...

Japan
,
Russia Russia ( rus, link=no, Россия, Rossiya, ), or the Russian Federation, is a country spanning Eastern Europe Eastern Europe is the eastern region of . There is no consistent definition of the precise area it covers, partly because th ...

Russia
, the
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed. The Guardian' and Telegraph' use Britain as a synonym for the United Kingdom. Some prefer to use Britain as shorth ...

United Kingdom
and the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

United States
are frequently recognized to be great powers. According to the
Stockholm International Peace Research Institute Stockholm International Peace Research Institute (SIPRI) is an international institute An institute is an organisation An organization, or organisation ( Commonwealth English; see spelling differences), is an entity – such as a co ...
, in 2018, total world military expenditure amounted to 1822 billion
US$ The United States dollar (symbol A symbol is a mark, sign, or word In linguistics, a word of a spoken language can be defined as the smallest sequence of phonemes that can be uttered in isolation with semantic, objective or pragmatics, ...
. In 2018, the United States spent 3.2% of its GDP on its military, while
China China (), officially the People's Republic of China (PRC; ), is a country in . It is the world's , with a of more than 1.4 billion. China spans five geographical and 14 different countries, the in the world after . Covering an area of ap ...

China
1.9%,
Russia Russia ( rus, link=no, Россия, Rossiya, ), or the Russian Federation, is a country spanning Eastern Europe Eastern Europe is the eastern region of . There is no consistent definition of the precise area it covers, partly because th ...

Russia
3.9%,
France France (), officially the French Republic (french: link=no, République française), is a List of transcontinental countries, transcontinental country spanning Western Europe and Overseas France, overseas regions and territories in the Ame ...

France
2.3%,
United Kingdom The United Kingdom of Great Britain and Northern Ireland, commonly known as the United Kingdom (UK) or Britain,Usage is mixed. The Guardian' and Telegraph' use Britain as a synonym for the United Kingdom. Some prefer to use Britain as shorth ...

United Kingdom
1.8%,
India India, officially the Republic of India (Hindi: ), is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area, the List of countries and dependencies by population, second-most populous ...

India
2.4%,
Israel Israel (; he, יִשְׂרָאֵל, translit=Yīsrāʾēl; ar, إِسْرَائِيل, translit=ʾIsrāʾīl), officially the State of Israel ( he, מְדִינַת יִשְׂרָאֵל, label=none, translit=Medīnat Yīsrāʾēl; ), is a ...

Israel
4.3%,
South Korea South Korea, officially the Republic of Korea (ROK), is a country in East Asia, constituting the southern part of the Korea, Korean Peninsula and sharing a Korean Demilitarized Zone, land border with North Korea. Its western border is for ...

South Korea
2.6% and
Germany ) , image_map = , map_caption = , map_width = 250px , capital = Berlin Berlin (; ) is the and by both area and population. Its 3,769,495 inhabitants, as of 31 December 2019 makes it the , according to population within city l ...

Germany
spent 1.2% of its GDP on defense.


Historic expenditure

The '' Saturday Review'' magazine in February 1898 outlined the levels of military expenditure as a percentage of ''tax revenue'' spent by the then for the year 1897: *
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country Continental United States, primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., ...

United States
: 17%. The United States has fluctuated for decades, depending on the conflict of the time. The first spike in defense spending, and in turn taxes, came during the very beginning of the 19th century.Borch, Casey, and Michael Wallace. “Military Spending and Economic Well-Being in the American States: The Post-Vietnam War Era.” Social Forces, vol. 88, no. 4, 2010, pp. 1727–1752. Oxford University Press, doi: 10.1353/sof.0.0268. Accessed 15 October 2017. During World War I, the United States spent 22% of gross domestic product, while during peacetime, the government spent on as little as 1% Gross Domestic Product (GDP).Chantrill, Christopher. “What Is the Total US Defense Spending?” US Government Defense Spending History with Charts - a Www.usgovernmentspending.com Briefing, American Thinkers, 17 July 2011, www.usgovernmentspending.com/defense_spending This changed following World War II as the United States government were experiencing an immense fear of the expansion of Communism and therefore heightened security on all fronts. This was supported by Americans as it brought upon them a sense of security and the 3.6% GDP they were contributing to was a large decrease from the whopping amounts of capital being spent during WWII that exceeded 41%, before decreasing to 10% during the Cold War and for about two more decades after, including the Vietnam War, before beginning to decrease in the 1970s down to 6%, then 5.5% in 1979 before beginning to steadily incline once again. After 2001, though, and the September 11 terrorist attacks, defense spending spiked again, peaking at 5.7% in 2010. *
Russian Empire The Russian Empire, . commonly referred to as Imperial Russia, was a historical that extended across and from 1721, succeeding the following the that ended the . The Empire lasted until the was proclaimed by the that took power after the ...
: 21% *
French Third Republic The French Third Republic (french: Troisième République, sometimes written as ) was the system of government adopted in from 4 September 1870, when the collapsed during the , until 10 July 1940, after the during led to the formation of ...
: 27% *
British Empire The British Empire was composed of the dominions, Crown colony, colonies, protectorates, League of Nations mandate, mandates, and other Dependent territory, territories ruled or administered by the United Kingdom and its predecessor states. ...

British Empire
: 39% *
German Empire The German Empire or the Imperial State of Germany,, officially '.Herbert Tuttle Herbert Tuttle (1846–1894) was an American historian. Biography Herbert Tuttle was born in Bennington, Vermont Bennington is a New England town, town ...
: 43% *
Empire of Japan The was a historical nation-state and great power that existed from the Meiji Restoration in 1868 until the enactment of the post-World War II Constitution of Japan, 1947 constitution and subsequent formation of modern Japan. It encomp ...

Empire of Japan
: 55%


See also

*
List of countries by military expenditures This is a list of countries by military expenditure in a given year. figures are presented in s based on either constant or current exchange rates. Military expenditure, total ; (SIPRI) 2020 fact sheet The first list is based on the SIPRI fact ...
*
List of countries by past military expenditure This is a list of countries by past military expenditure, starting 1987. Methodology Figures for the tables below are provided by the Stockholm International Peace Research Institute Stockholm International Peace Research Institute (SIPRI) is ...
*
List of countries by military expenditure per capita This is a list of countries by military expenditure per capita, the amount spent by a nation on its military per capita in a given year. This list is sourced from the Stockholm International Peace Research Institute Stockholm International Peac ...
* Permanent war economy * History of military technology * Military Keynesianism *
Military–industrial complex The expression military–industrial complex (MIC) describes the relationship between a country's military A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare ...
* Peace dividend *
Defense contractor The arms industry, also known as the arms trade, is a global industry classification, industry which manufacturing, manufactures and sells weapons and military technology, and is a major component of the military–industrial complex. It consists ...
* Guns versus butter model *
List of countries by Global Militarization Index This list of countries by Global Militarization Index is based on the 2017 Global Militarization Index of the Bonn International Center for Conversion.__TOC__ Global Militarization Index The Global Militarization Index (GMI) depicts the relativ ...


References


External links

* {{DEFAULTSORT:Military Budget Government budgets
Budget A budget is a financial plan In general usage, a financial plan is a comprehensive evaluation of an individual's current pay and future financial state by using current known variables to predict future income, asset values and withdrawal p ...