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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 $2204.
Rank Country Fighters Bombers Attack Total ... North America". The Military Balance. 115 (1). Routledge: 29–56. ... Canada's Budget 2008: Taxes and the Forward ...
The GMI 2023 covers 149 states and is widely used to study military economies of different countries and compare them. ... Military Expenditure ... Rank Country [9] 1
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions This is a list of countries by past military expenditure , starting 1987. Methodology
Perhaps the most universally supported portion of the bill is the authorization of a 14.5% pay increase for the lowest-ranking troops and 4.5% for the rest of the force. Show comments Advertisement
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
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.