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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. [2]
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. [16] Stockholm International Peace Research Institute (SIPRI) estimates that the military spending of the People's Republic of China for 2009 was US$100 billion, [ 17 ] higher 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 ...
He also said China was spending "drastically more" on its military than the 7.2% increase it declared last month. The increase in China's defence spending is concerning given its economy is ...
SYDNEY (Reuters) -Australia said on Tuesday it would boost its defence spending by an additional A$11.1 billion ($7.25 billion) over the next decade to procure six 'optionally crewed' warships and ...
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 ...
When it comes to confronting China's aggressive expansion, Australia is a 'front line state'. Find out more. 'VERY CONCERNED': Warning to Australia over China's latest military move