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The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
Rank Country Global Militarization Index (GMI) Military Expenditure Index Score People Index Score Heavy Weapons Index Score 1 Ukraine 335: 5.11: 1.29: 1.75
6 2020–2023. 7 See also. ... Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. ... Military budget;
The United States has long had the world’s biggest defense budget, with spending this year set to approach $900 billion. ... interest expenses in 2024 are running 41% higher than in 2023.
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
A recent analysis by the Congressional Budget Office projected that federal spending on debt interests alone would reach $870 billion in 2024, which is not only a 32 percent increase from 2023's ...
This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited.
The biggest news from the bill for Louisiana is the money appropriated for four bases, totaling $276 million in funds for construction. ... — The U.S. fiscal 2025 national defense budget ...