List of countries with highest military expenditures

This is a list of countries with highest military expenditures.

Highest military expenditure

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 2023, based on current market exchange rates.

40 countries with the highest military spending worldwide in 2023 SIPRI Military Expenditure Database

Rank Country Spending (US$ bn) % of GDP % of global spending 01 United States 916.0 3.4 37 02 China 296.0 1.7 12 03 Russia 109.0 5.9 4.5 04 India 83.6 2.4 3.4 05 Saudi Arabia 75.8 7.1 3.1 06 United Kingdom 74.9 2.3 3.1 07 Germany 66.8 1.5 2.7 08 Ukraine 64.8 37.0 2.7 09 France 61.3 2.1 2.5 10 Japan 50.2 1.2 2.1 11 South Korea 47.9 2.8 2.0 12 Italy 35.5 1.6 1.5 13 Australia 32.3 1.9 1.3 14 Poland 31.6 3.8 1.3 15 Israel 27.5 5.3 1.1 16 Canada 27.2 1.3 1.1 17 Spain 23.7 1.5 1.0 18 Brazil 22.9 1.1 0.9 19 Algeria 18.3 8.2 0.7 20 Netherlands 16.6 1.5 0.7 21 Taiwan 16.6 2.2 0.7 22 Turkey 15.8 1.5 0.6 23 Singapore 13.2 2.7 0.5 24 Mexico 11.8 0.7 0.5 25 Colombia 10.7 2.9 0.4 26 Iran 10.3 2.1 0.4 27 Indonesia 9.5 0.7 0.4 28 Sweden 8.8 1.5 0.4 29 Norway 8.7 1.6 0.4 30 Pakistan 8.5 2.8 0.3 31 Denmark 8.1 2.0 0.3 32 Kuwait 7.8 4.9 0.3 33 Greece 7.7 3.2 0.3 34 Belgium 7.6 1.2 0.3 35 Finland 7.3 2.4 0.3 36 Switzerland 6.3 0.7 0.3 37 Oman 5.9 5.4 0.2 38 Thailand 5.8 1.2 0.2 39 Romania 5.6 1.6 0.2 40 Chile 5.5 1.6 0.2 Highest military expenditure, share of GDP 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 List by the Stockholm International Peace Research Institute SIPRI Military Expenditure Database (2023) List by the International Institute for Strategic Studies Top 15 Defence Budgets 2020 Rank Country % of GDP 1 Ukraine 36.65% 2 Lebanon 8.91% 3 Algeria 8.17% 4 Saudi Arabia 7.09% 5 South Sudan 6.26% 6 Russia 5.86% 7 Armenia 5.45% 8 Oman 5.40% 9 Israel 5.32% 10 Jordan 4.91% 11 Kuwait 4.90% 12 Azerbaijan 4.60% 13 Togo 4.01% 14 Burkina Faso 4.01% 15 Poland 3.83% 16 Mali 3.83% 17 Myanmar 3.79% 18 Burundi 3.66% 19 Morocco 3.64% 20 Kyrgyzstan 3.62% 21 United States 3.36% 22 Greece 3.23% 23 Bahrain 3.11% 24 Brunei 2.97% 25 Chad 2.91% Rank Country % of GDP 01 Oman 12.0 02 Afghanistan 10.6 03 Lebanon 10.5 04 Kuwait 7.1 05 Saudi Arabia 7.1 06 Algeria 6.7 07 Iraq 5.8 08 UAE 5.6 09 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 Arms industry Military budget List of countries by past military expenditure List of countries with highest military expenditure per capita List of countries by Global Militarization Index List of countries in Europe by military expenditures Notes References External links SIPRI military expenditure database (sipri.org)