This is a list of countries with highest military expenditures. The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2023, based on current market exchange rates. [1]

Global Firepower tracks the annual defense spending budgets of each participant in the GFP ranking, these being funds allotted by governments to cover various aspects of a standing fighting force - namely procurement, maintenance / support, …

Military expenditures compares spending on defense programs for the most recent year available as a percent of gross domestic product (GDP; calculated on an exchange rate basis).

Discover the latest data on military budgets by country, featuring top spenders, GDP allocations, and a analysis of global defense spending trends. Skip to content. ... Country Military Budget % of GDP; 1: mfk97mfk: 15/12/2024 05:16 AM: mfk97mfk: 15/12/2024 05:16 AM: United States: $811.6B: 3.45: 2: mfk97mfk: 15/12/2024 05:16 AM: mfk97mfk:

The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U.S. dollars dedicated to the military.

Jan 12, 2025 · Military Budget by Country 2024: Top Defense Spenders. The top military spenders in the world are led by the United States. In 2024, it has a defense budget of $967 billion. This is about 3.4 percent of the US economy. Germany, the United Kingdom, France, and Poland follow closely.

The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. The database is updated annually, which may include updates to data for any of the years included in the database.

World military expenditure increased for the ninth consecutive year in 2023, reaching a total of $2443 billion. The 6.8 per cent increase in 2023 was the steepest year-on-year rise since 2009 and pushed global spending to the highest level SIPRI has ever recorded (see figure 1).

The United States has the highest military spending of any nation. Its military spending includes all of the Department of Defense’s regular activities, war spending, the nuclear weapon program, international military assistance, and other Pentagon-related spending. In 2020, the U.S. spent $778 billion on military spending, more than the next ...

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military ...