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.

Aug 1, 2024 · In 2023, the US military spent approximately $820.3 billion, or roughly 13.3% of the entire federal budget for that fiscal year. In March 2023, the Department of Defense (DoD) requested $842.0 billion for 2024 — a 2.6% increase. With the world’s third-largest military, at nearly 1.3 million active-duty troops, the US estimates it spends more than any other nation on …

Ranking total annual defense spending budget capability by country, from highest to lowest. 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, and pensions.

Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.

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 nine top-spending countries combined. Top 10 Countries with the ...

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 operations; and military space …

Global military spending The value of military spending globally has grown steadily in the past years and reached 2.44 trillion U.S. dollars in 2023.

Military expenditure in local currency at current prices is presented according to both the financial year of each country and according to calendar year, calculated on the assumption that, where financial years do not correspond to calendar years, spending is distributed evenly through the year. Figures in constant (2022) and current US ...

Military expenditure (current LCU) Military expenditure (% of general government expenditure) Armed forces personnel, total. Arms exports (SIPRI trend indicator values) Arms imports (SIPRI trend indicator values) Armed forces personnel (% of total labor force) Download. CSV XML EXCEL. DataBank.

Jul 8, 2024 · Military expenditure by country, in constant (2022) US$, 1949-2023. Figures are in US$, at constant 2022 prices and exchange rates. Although the lack of sufficiently detailed data makes it difficult to apply a common definition of military expenditure on a worldwide basis, SIPRI has adopted a definition as a guideline.