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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 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.
(Top) 1 Methodology. 2 1987–1989. 3 1990–1999. 4 2000–2009. 5 2010–2019. 6 2020–2023. 7 See also. 8 References. ... Military budget; List of countries by ...
Getty Images For the first time since 1998, global military spending is down. This coincides with a major decline in U.S. spending, which fell by more than $40 billion between 2011 and 2012. Even ...
This list of countries by Global Militarization Index is based on the 2022 [1] ... 10 Russia: 204: 2.05: 1.06: 2.45 ... Military budget; References
The countries with highest total military spending are USA and China, and the countries with highest military spending as percentage of GDP in 2023 among top 20 military spenders are Ukraine, Algeria, Saudi Arabia and Russia. [25]
Retired U.S. Air Force combat pilot Brad Gutierrez writes the U.S. overspends on military over the health and education of its residents. Opinion: US military spending highest in world, but not ...
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.