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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 .
In 2010, the US Department of Defense's annual report to Congress on China's military strength estimated the actual 2009 Chinese military spending at US$150 billion. [15] Stockholm International Peace Research Institute (SIPRI) estimates that the military spending of the People's Republic of China for 2009 was US$100 billion, [ 16 ] higher than ...
SIPRI's estimate of the top 10 countries by per capita military expenditure, US dollars per person (2023). [3] Country name $/cap Accuracy Israel: 2997,1 Precise United States: 2694,2 Precise Singapore: 2194,6 Precise Saudi Arabia: 2051,9 Estimate Kuwait: 1799,3 Precise Ukraine: 1762,2 Estimate Norway: 1583,6 Precise Denmark: 1377,9 Precise Finland
It compared China's spending with the United States' rank as the top military spender globally, accusing the United States of having double standards when it comes to military expenditure. ($1=7. ...
A new report details how both sides of the U.S.-China rivalry have boosted their defense spending in the past year. ... 800-290-4726 more ways to reach us. Mail. Sign in. Subscriptions; Animals ...
That is far higher than previous estimates and almost on par with the United States’ 2024 defense budget of $886 billion. ... China’s military spending is almost entirely concentrated in a ...
They are presented in millions of United States dollars in current prices, converted at the exchange rate for the given year. [1] If there is no data for a particular year, a cell is left blank. Although the database includes statistics for over 150 countries, per SIPRI's Terms and Condition permission is needed to directly reproduce more than ...
China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the ...