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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.
Pew Research Center's 2016 survey among its member states showed that while most countries viewed NATO positively, most NATO members preferred keeping their military spending the same. The response to whether their country should militarily aid another NATO country if it were to get into a serious military conflict with Russia was also mixed.
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. Methodology
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
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 $2204.
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions Defense spending in the UK over time Main article: Past military expenditure by country The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [ 8 ]
This began a drawdown of military spending and equipment in Europe. The CFE treaty allowed signatories to remove 52,000 pieces of conventional armaments in the following sixteen years, [31] and allowed military spending by NATO's European members to decline by 28 percent from 1990 to 2015. [32]
All members of Nato are signed up to an agreement to spend the equivalent of 2% of their gross domestic product (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the ...