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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 $2204.
Rank Country Global Militarization Index (GMI) Military Expenditure Index Score People Index Score Heavy Weapons Index Score 1 Ukraine 335: 5.11: 1.29: 1.75
Here is a list of how much was estimated to have been spent on defence by Nato countries in 2023 as a proportion of their national GDP, ranked from highest to lowest. All data comes from the ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. This is a list of countries by past military expenditure, starting 1987.
Nato asks every member country to spend at least 2% of national income - also known as GDP - on defence. It is thought that 23 countries met that target in 2024 , compared to only three in 2014. [BBC]
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
Rank Country Fighters Bombers Attack Total Sources 1: United States (USAF, US Navy) 5,209: 162: 343: 5,714: 2: ... List of countries by military expenditure per capita;