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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.
The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U.S. dollars dedicated to the military.
In 2020, the total world military expenditure was about $1.981 trillion. Military size varies significantly by country, typically correlating with each country’s size and military needs. China, India, and the United States, unsurprisingly, have the largest militaries.
Military expenditures compares spending on defense programs for the most recent year available as a percent of gross domestic product (GDP; calculated on an exchange rate basis).
The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. The database is updated annually, which may include updates to data for any of the years included in the database.
As of 2021, the top five per capita spenders are Qatar (~$3955), Israel (~$2770), United States (~$2405), Kuwait (~$2085) and Singapore (~$1885). All five countries have increased their spending since the previous year (2020).
Military expenditures compares spending on defense programs for the most recent year available as a percent of gross domestic product (GDP; calculated on an exchange rate basis).
Military expenditure divided by gross domestic product, expressed as a percentage. Includes military and civil personnel, operation and maintenance, procurement, military research and development, infrastructure, and aid.
Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2023.
3. Russia Russia’s defence spending in 2023 was $130 billion, accounting for 6.3% of its GDP and 4.5% of global military spending. 2. China