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.
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.
The second list is based on the 1999 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 military spending are actually far higher than the chart due to captive markets and Purchasing Price Parity in those countries.
Highest military expenditure, share of GDP
This first list is a list of countries by military expenditure 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 for the year 2016. The second list is sourced only from the SIPRI for the year 2019.
As a share of GDP
Notes
See also
Arms industry
Military budget
Past military expenditure by country
List of countries by military expenditure per capita
List of countries by Global Militarization Index
List of countries in Europe by military expenditures
References
External links
SIPRI military expenditure database (sipri.org)