Top 10 Military Expenditure Countries

February 22, 2022

Highest spending in 2020. Ranking total annual defense spending budget capability by country from highest to lowest.

Defense Expenditure By Country Graphics Budgeting Military Spending Infographic

While just 10 countries are responsible for nearly 75 of this amount the US.

. Military size varies. Ranking Military Expenditure- Data Source. Others 19 Australia 14 Italy 15 South Korea 23 Japan 25 France 27 Germany 27 Saudi Arabia 29 UK 30 Russia 31 India 37 USA 39 China 13 Brazil 10 Israel 11 11 Canada.

The database is updated annually which may include updates to data for any of the years included in the database. The second list presents this as a share of the general government expenditure. The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 19492020.

Top 10 lowest military spending countries in Africa 2022. Getty Images No 9 Japan Military soending. Besides they have the money earned from their oil reserves to burn.

In 2020 the total world military expenditure was about 1981 trillion. Leave a Reply Cancel reply. Top 10 lowest military spending countries in Africa 2022.

Key Account Manager at DB Schenker. The US remains by far the biggest military spender followed by China the Stockholm International Peace Research Institute SIPRI said in its annual report on worldwide military expenditures. This first list is a list of countries by military expenditure share of GDPmore specifically a list of the top 15 countries by percentage share in recent yearsthe amount spent by a nation on its military as a share of its GDP.

Military spending as share of government expenditure 2010-2020. The share of world military expenditure of the 15 countries with the. Value of military spending 2013-2020.

Our World In Data World Bank. No 10 South Korea Military spending. 17 rows Military expenditure share of GDP.

The worlds military spending grew by 36 year-over-year YoYcurrently the highest rate this decadeto surpass 19 trillion in 2019. SIPRI Military Expenditure Database Apr. 439 billion Rise by 75 Image.

Your email address will not be published. Every year countries allocate a huge budget fighting battles and protecting their territories. Victor Mochere Victor Mochere is a blogger social media influencer and a netpreneur creating and marketing digital content.

Saudi Arabia is also in the list though their military spending is understandable considering that they live in a highly volatile region. Alone made up the lions share with 38 of the global total. Countries with emerging economies such as Brazil Russia India and China are also in the top 10 of the biggest military spenders.

Even though USA and UK have gone through transition of lowering their military spending. 476 billion Fall by 01 Image. This video will compare the top 10 countries by military spending from 1870 to 2020Source.

Countries With Largest Armies World Top Ten Map World Map Pictures