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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.
The military budget of Japan is the portion of the overall budget of Japan that is allocated for the funding of the Japanese Self-Defence Forces.This military budget finances employee salaries and training costs, the maintenance of equipment and facilities, support of new or ongoing operations, and the development and procurement of new weapons, equipment, and vehicles.
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
The budget adopted by the Cabinet also will further fortify the military with F-35 stealth combat jets and other American weapons. Japan plans to spend 43 trillion yen ($300 billion) through 2027 ...
Japan plans to double defense spending by 2027, the largest increase in nearly 70 years. The Ukraine war has prompted many countries to bolster their defense.
The budget for the fiscal year starting April 1 will rise 1.1% to 5.4 trillion yen ($47.18 billion), still less than a quarter of China's military budget this year according to official Beijing data.
Figures for the tables below are provided by the Stockholm International Peace Research Institute (SIPRI) database. They are presented in millions of United States dollars in current prices, converted at the exchange rate for the given year. [1]
Japan's defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a plan to boost defence spending by 43 trillion yen ...