This is a list of countries by military expenditure in a given year. Military expenditure figures are presented in United States dollar s based on either constant or current exchange rates.[1]
The first list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 15 military spenders as of 2022, based on current market exchange rates.[1]
The second list is based on the 2022 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates.[2]
Some sources say that Russia and China military spending are actually far higher than the chart due to captive markets and Purchasing Price Parity in those countries.[3][4]
List by the Stockholm International Peace Research Institute 2023 Fact Sheet (for 2022)[1] SIPRI Military Expenditure Database[5] |
List by the International Institute for Strategic Studies Top 15 Defence Budgets 2021[6] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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This first list is a list of countries by military expenditure share of GDP—more specifically, a list of the top 15 countries by percentage share in recent years—the amount spent by a nation on its military as a share of its GDP.
The second list presents this as a share of the general government expenditure. The first list is sourced from the SIPRI for the year 2019 and from Military Balance 2017 published by International Institute for Strategic Studies for the year 2016. The second list is sourced only from the SIPRI for the year 2019.
List by the Stockholm International Peace Research Institute SIPRI Military Expenditure Database[7] (2019) |
List by the International Institute for Strategic Studies Top 15 Defence Budgets 2020[6] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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* Bold values with an asterisk above are highly uncertain SIPRI estimates.
Italic values are SIPRI estimates. |