Military spending by country gdp. w Total military spending accounted for 2.
Military spending by country gdp. All Countries and Economies.
Military spending by country gdp KEY FACTS. In 2017, only four nations met the threshold: The United States (3. military spending/defense budget for 2022 was $876 11 hours ago · Trump has for years expressed skepticism about NATO, openly questioning the value of the alliance that has defined American foreign policy for decades and threatening not to defend members that fail to meet defense-spending goals. 17, 2025 This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. accounted for 68% of the total defense expenditures by NATO countries, or $860 billion. Markets Commodity Currency Government Bond 10Y 11 hours ago · The President of Lithuania, Gitanas Nauseda, gives a statement ahead of a summit of the Baltic Sea NATO countries in Helsinki, Finland, Tuesday, Jan. Jun 4, 2023 · Data note: For these comparisons, the creator is calculating five-year averages (using data from 2018-2022) for military spending as a percentage of GDP and per-capita military spending for each country. Required is a bit strong; Iceland for example has been a member since 1949 and gets a free pass, having spent precisely 0% of GDP on defense in 2021, and most members routinely fail to spend 2% or more of their GDP on defense: Only 1/3 actually do, and realistically there's no consequences to missing that target save the odd finger wag from those members who have, and blustering from hawkish Military spending is a significant part of many countries’ budgets and differs from nation to nation. 24 trillion in 2022. Jul 4, 2024 · Leading military spending countries In gross terms, Expenditure on defense as a share of GDP in Poland 2019-2025; Conflicts in Europe by intensity 2022; Topics Military expenditure (% of GDP) from The World Bank: Data. 46B A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes. 55 percent and the lowest value was in Haiti: 0. 5 percent in 2034. 2 % of GDP in 2022). European Union military spending/defense budget for 2022 was $258. World military expenditure, by region, 1988–2022 Note: The absence of data for the Soviet Union in 1991 means that no total can be calculated for that year. Military expenditure (% of GDP) - Middle East & North Africa from The World Bank: Data Jul 29, 2024 · In 2023, the ratio of military expenditure to gross domestic product (GDP) in Ukraine increased by roughly 11 percentage points, having reached the highest figure over the past two decades. 4 billion, and India and Saudi Arabia round out […] 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 activities. 14, 2025. w Total military spending . 6 billion, 8 times Afghanistan’s domestic military expenditure, is not included. 0%). 1 % of GDP in 2022. Military aid from foreign donors, which in 2015 amounted to $1. Nominal GDP estimates are commonly used to determine the economic performance of a whole country or region. 94% increase from 2020. gov Search. 88% increase from 2020. Generally excluded from military expenditures is spending on internal law enforcement and disabled veteran rehabilitation. This NATO estimates showed Poland was set to lead the alliance in defense spending as a percentage of GDP in 2024, with Warsaw investing more than 4% of its economic output on defense. (GDP) in India 2029; Countries with the highest military spending 2023; Topics. 2023. This column introduces a military purchasing power parity exchange rate for 59 countries based on the relative unit cost ratio across counties. May 7, 2024 · How countries rank by military spending will meet the alliance’s target of spending at least 2% of GDP on defence a good indicator of a country’s military trajectory: they shape what 11 hours ago · Lithuania's president says his country has made the decision to raise its spending on defense to between 5 and 6% of overall national economic output starting in 2026. 2 per Aug 18, 2022 · While Russia was only the fifth top nation by military spending at $65. 72% decline from 2021. This metric provides insights into how nations prioritize defense compared to other sectors like education and healthcare. 1 per cent growth in the world population was surpassed by the growth in military spending. was $1822 billion in 2018, an increase of 2. 9 percent of GDP in 2024 to 2. The database is updated annually, which may include updates to data for any of the years included in the database. Source: SIPRI Military Expenditure Database , Apr. , social welfare or productive) purposes. Military Expenditures as a Percentage of GDP This is a list of countries by military expenditure per capita, the amount spent by a nation on its military per capita in a given year. Government Spending to GDP Holidays Military Expenditure. All Countries and Economies. World military expenditure, by region, 1988–2023 updated open-access SIPRI Military Expenditure Database, which provides military spending data by country for the years 1949–2020. This survey offers insights into each country's military expenditure, armed forces size, GDP, population, labor force, and other key metrics from 2009 to 2019. The total world military expenditure was about $2. Military expenditure (constant 2021 US$ billion) 0 500 1 000 1 500 Jul 11, 2024 · In 2006, the alliance’s defence ministers agreed to commit a minimum of 2 percent of their gross domestic products (GDP) to defence spending to ensure the military readiness of the alliance. Jul 2, 2024 · Defense spending as a percentage of GDP measures a country’s military expenditure relative to its economic output. 0 3. 00B, a Canada military spending/defense budget for 2021 was $25. Notes: Figures for 2022 and 2023 are estimates. Military expenditure (% of GDP) - European Union from The World Bank: Data Military expenditure (% of GDP) - Mexico from The World Bank: Data. 5 3. 9 billion in 2021, it was among the higher ranking nations in terms of military spending as a share of GDP. Markets Commodity Currency Government Bond 10Y Jul 4, 2024 · Colombia: military expenditure as percentage of GDP 2007-2023; Argentina: military expenditure as percentage of GDP 2007-2022; Peru: military expenditure as percentage of GDP 2007-2023; Latin Jul 2, 2024 · Defense spending as a percentage of GDP measures a country’s military expenditure relative to its economic output. 43 percent, and then the United States at This page has a list of countries by Military expenditure (% of GDP), according to officially-recognized international sources compiled by the World Bank. S. The $850 billion earmarked for defense spending in 2025 represents about 3% of GDP. Countries; Maps; References; About Military spending Shorter-term data from SIPRI; Military spending Long-term data from GMSD; Military spending as a share of GDP Shorter-term data from SIPRI; Military spending as a share of GDP Long-term data from GMSD; Military spending as a share of government spending; Military spending per armed forces personnel Shorter-term data from SIPRI from the updated SIPRI Military Expenditure Database. 7 percent. Qatar’s military spending in 2021 was 434 per cent higher than in 2010, when the country last released spending data before 2021. 6 per cent from 2017 in real terms. Apr 22, 2024 · This chart shows military expenditure by world region (in million constant 2023 U. 6 per cent on 2019 in real terms. 55 percent and the lowest value was in Ireland: 0. Premium Statistic Defense expenditures of NATO countries, by type of expenditure 2022 Premium Statistic Forecast increase in military and May 14, 2024 · The graph above shows defense spending as a share of GDP. Figure 1. Military Burden (ratio of military expenditures to GDP) Military expenditure (% of GDP) - Canada from The World Bank: Data. Graph 1 : NATO Europe and Canada - defence expenditure (annual real change, based on 2015 prices and exchange rates) Graph 2 : Defence expenditure as a share of GDP and equipment expenditure as a share of defence expenditure 2023e Note: Figures for 2023 are estimates. Military spending per capita rose from $243 in 2018 to $249 in 2019, as the 1. Sep 30, 2024 · Russia is hiking state spending on national defence by a quarter in 2025 to 6. dollars dedicated to the military. 6 per cent in real terms. g. military spending/defense budget for 2022 was $68. 1 hour ago · VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5 and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression Military expenditure (% of GDP) - Singapore from The World Bank: Data. 33B, a 0. The U. 4 percent. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). The data, which replaces all military spending data previously published by SIPRI, comes from the updated SIPRI Military Expenditure Database. Markets Commodity Currency Government Bond 10Y from 2018. 19B, a 9. These expenses are typically referred to as military spending and/or defense spending. Military expenditure by country, in constant (2022) US$, 1949-2023. The United States has the largest military budget, spending $876. The data comes from the updated SIPRI Military Expenditure Database, which provides military spending data by country for the years 1949–2021. In 2020, the total world military expenditure was about $1. The ten countries with the highest defense spending are: The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. 5 e Defence expenditure as % of GDP In the United States, this includes all regular activities of the Department of Defense, war spending, nuclear weapons spending, international military assistance, and other Pentagon-related spending. 84 percent. This Fact Sheet presents regional and national military expenditure data for 2021 and highlights trends over the decade 2012–21. However, by 2023, 11 countries were meeting the The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U. Jul 4, 2024 · Military expenditure as percentage of gross domestic product (GDP) in highest spending countries 2023 Basic Statistic Change in military spending 2014-2023, by country 11 hours ago · Lithuania's president says his country has made the decision to raise its spending on defense to between 5 and 6% of overall national economic output starting in 2026 By Associated Press Jan. This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited. Free and open access to global development data. 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. KEY FACTS w World military expenditure surpassed the two trillion US This data is calculated by using nine different military expenditure data sources and combining them using a model. All Data is based on the World Economic Outlook Databook of the International Monetary Fund. 1%), and Poland (2. Definition: 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 The figures are for core budget expenditure on the Afghan National Army. Figures are in US$, at constant 2022 prices and exchange rates. 4 per cent of global gross domestic product (GDP) in 2020. We essentially want to estimate the country-year distribution or simply the average of military spending across all the available observed dataset values so that we generate the best estimate of military spending for each of the country-year units. Canada military spending/defense budget for 2020 was $23. The Baltic Apr 25, 2022 · In 2021 Qatar’s military spending was $11. 06% increase from 2019. w Global military expenditure . rank score trend Country National security is crucial and requires large budgets to build and maintain. Country. and Russia, but rose steadily in the 2000s to exceed all other nations’ outlays except that of the U. 4 percent of the country's Gross Domestic Product (GDP), the highest share in Africa. 1 per Figures are in US $m. 71 percent of their GDP on Jul 8, 2024 · The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. 9 per Military Expenditure by Country | Africa. 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. Military expenditure as share of GDP Graph 3 : Defence expenditure as a share of GDP and equipment expenditure as a share of defence expenditure 2024e ALB BEL BGR CAN HRV CZE DNK EST FIN FRA DEU GRC HUN ITA LVA LTU LUX MNE NLD MKD NOR POL PRT ROU SVN SVK ESP TÜR SWE GBR USA 0 5 10 15 20 25 30 35 40 45 50 55 0. 0 4. Worldwide military spending, when estimated on the basis of unweighted country averages, has declined by nearly half, from 3. accounted for 2. The war in Ukraine has prompted an unprecedented 18 percent increase in defense spending this year among NATO allies across Europe and Canada. Dec 30, 2021 · Using a real market exchange rate (MER) with a base year of 2019 for each country yields the lowest period-average value for annual global military expenditures; using the purchasing power parity rate for each foreign country’s whole economy (PPP-for-GDP) yields the highest such value. was $1917 billion in 2019, an increase of 3. Based on unweighted country averages, worldwide military spending has dropped by almost half, from 3. 6 billion, making it the fifth largest spender in the Middle East. During the 2014 summit, all NATO members agreed to spend at least 2% of their GDPs on defense by 2025. Russia follows China with a military budget of $86. (Antti Aimo-Koivisto/Lehtikuva via AP) VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5 and 6 Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Combined defense expenditure of NATO countries 2014-2024; Expenditure on defense as a share of GDP in the CEE region 2020-2024; The most important statistics. 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 Jul 8, 2024 · The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. World Government Spending to GDP Holidays Military Expenditure. Most Recent Year. 47% decline from 2018. 6% of its GDP. 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. Markets Commodity Currency Government Bond 10Y Stock Market. K. Data. at 2020 prices and exchange rates Feb 25, 2024 · In 2023, only 11 member countries were on track to meet NATO’s target of spending 2% of their country’s GDP on defense. Mar 7, 2016 · From a global vantage, this declining post-1990 defense share of GDP suggests an ongoing peace dividend, especially for NATO and ex-Warsaw Pact members, since the end of the Cold War as countries are on average spending less of their GDP on defense, thereby releasing GDP for nondefense (e. 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. Jan 3, 2023 · Its defense spending in the early 1990s was lower than that of the U. 6 billion ranked third highest in the world. Selected Countries and Economies. 98 percent. 05 percent and the lowest value was in Indonesia: 0. However, the conventional use of market exchange rates to compare across countries dramatically overstates US spending relative to other countries. 981 trillion. 9 billion. 23 percent. Most Jul 9, 2024 · In 2024, Poland's defense spending as a share of gross domestic product was 4. Earlier this month Trump said NATO countries should spend at least 5% of GDP on defense, up from the current 2% target. 'civil defence', 'R&D defence' and 'defence expenditure not elsewhere classified' together amounted to less than 0. 6%), Greece (2. KEY FACTS w World military expenditure was $1981 billion in 2020, an increase of 2. 0 1. Russia military expenditures amounted to 4. 0 0. Military Expenditure by Country | Europe. The highest value was in Ukraine: 33. 5 4. Dec 28, 2019 · Military expenditure (% of GDP) - Country Ranking. 36B, a 9. Military expenditure (% of GDP) East Asia & Pacific. GDP Mar 15, 2017 · This chart shows military spending of Nato countries and estimated share of GDP in 2016. 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 Feb 12, 2024 · The concept that NATO countries should spend 2 percent of their GDP on defense was debuted in 2014 and by 2024, members of the military alliance should technically have "moved towards" or beyond Jan 1, 1998 · WWII: pre-war GDP of selected countries and regions 1938; WWII: pre-war GDP per capita of selected countries and regions 1938; WWII: military spending as a share of national income 1939-1944; Aug 1, 2024 · Data comparing US military expenditures to other countries comes from the 2021 World Military Expenditures and Arms Transfers report, published by the State Department. Gross domestic product is a monetary measure of the value of all final goods and services produced in a period. 39B, a 1. 5 2. The next largest military spender is China, which spends $292 billion. World military spending/defense budget for was $0. European Union military spending/defense budget for 2020 was $236. 4%), the United Kingdom (2. w Total military spending accounted for 2. This page in: All Countries and Economies. Military expenditure, defence sector PPP – estimated military expenditure at defence sector purchasing power parity, current prices. 0 2. This was up by 0. Canada military spending/defense budget for 2019 was $22. This amount is over 10 times more than the second-placed country, Germany, if measured in absolute terms. 9 percent of GDP in the years following the global financial crisis (2010–19) (Chart 1). 1 per cent growth in world population was surpassed by the growth in military spending. Browse by Country or Indicator. 07 percent. European Union military spending/defense budget for 2021 was $260. Apr 22, 2024 · Although the United States spends more on defense than any other country, the Congressional Budget Office projects that defense spending as a share of gross domestic product (GDP) will decline over the coming years — from 2. , at constant 2019 prices and exchange rates, except for the last figure, which is in US$m. 08B, a 3. 12 percent, the highest of all NATO member states, followed by Estonia at 3. India ’s military spending of $76. 1% of its GDP, and among the top 10 spending nations, was only beaten by Saudi Arabia whose spending was 6. Military spending, percent of GDP, 2022: The average for 2022 based on 145 countries was 1. Military spending relative to GDP is arguably a more appropriate gauge of a country’s defense burden than the inflation-adjusted dollar amount, since a bigger economy can support greater spending. Nato states have committed to spending 2 percent of their GDP on defense by 2024 but so far, only the In 2024, the United States spent an estimated 2,239 U. 07% increase from 2019. WFB The World Factbook. Close. The model links the country-year data together and estimates a mean with a prediction interval for each observation. U. Military expenditures This entry gives estimates on spending on defense programs for the most recent year available as a percent of gross domestic product (GDP). In total, NATO countries now meet the 2 percent target, together spending 2. 67B, a 9. This list is sourced from the Stockholm International Peace Research Institute (SIPRI) for the year 2020. Estonia and the Nov 30, 2023 · In 2022, military expenditure in Togo corresponded to 5. Dec 23, 2024 · Military expenditure as share of GDP in the Middle East 2023, by country Military spending in MENA by selected country 2023 Ratio of military expenditure to gross domestic product (GDP) in Israel 2022 Military Expenditure by Country. Ranking total annual defense spending budget capability by country, from highest to lowest. 5 1. dollars). Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. Trends in military spending. The military expenditure data is pulled from Stockholm International Peace Research Institute. Military spending, percent of GDP, 2022: The average for 2022 based on 9 countries was 1. 6% of GDP during the Cold War (from 1970 to 1990) to 1. To witness events that have shaped our globe today, and watch empires ri The SIPRI Military Expenditure Database gives the annual military spending of countries since 1949, allowing comparison of countries’ military spending in local currency at current prices; in US dollars at constant prices and exchange rates; as a share of GDP; per capita and as a share of government spending. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). We turn next to the second figure to get some perspective on what may have driven these changes in defense expenditures. 9% of GDP in the years after the global financial crisis (from 2010 to 2019). Oct 9, 2021 · US military spending is said to be greater than the next 11 countries combined. 11 hours ago · Trump has for years expressed skepticism about NATO, openly questioning the value of the alliance that has defined American foreign policy for decades and threatening not to defend members that fail to meet defense-spending goals. For countries with no military forces, this figure can include expenditures on public security and police. Military spending, percent of GDP, 2022: The average for 2022 based on 40 countries was 2. The highest value was in Burma (Myanmar): 3. Minimum required defense spending by NATO countries. 46B Military spending per capita increased from $230 in 2017 to $239 in 2018, as the 1. In Equation 1, ME represents military expenditures by state i in year t, PRICE the price of military goods (affected by technological changes as well), INCOME most commonly the real GDP of the state in question, SPILLINS the impact of friendly states’ military spending (for example in an alliance), THREATS the impact of hostile states’ or At the level of the EU, the major part of 'defence' expenditure is concentrated in the COFOG group 'military defence' (1. 1 % of GDP at the level of the EU, while 'foreign military aid' accounted for 0. 6 percent of GDP during the Cold War period (1970–90) to 1. Military size varies significantly by country, typically correlating with each country’s size and Military expenditure by country as percentage of gross domestic product, 1988-2020 (see below for 2005-2020) © SIPRI 2021 Countries are grouped by region and subregion Search CIA. This ‘military PPP Military Expenditure by Country | Asia. 48 minutes ago · VILNIUS, Lithuania (AP) — Lithuania has decided to raise its spending on defense to between 5% and 6% of overall national economic output starting in 2026 due to the threat of Russian aggression Jun 18, 2021 · This video will compare the top 10 countries by military spending from 1870 to 2020. Jul 8, 2024 · This surge in defense spending follows Russia’s full-scale invasion of Ukraine in February 2022. 11 hours ago · Lithuania vows boost defense spending to 5-6% of GDP because of threat of Russian aggression Lithuania's president says his country has made the decision to raise its spending on defense to . This SIPRI Fact Sheet highlights trends in military expenditure for 2023 and over the decade 2014–23. 3% of gross domestic product (GDP), the highest levels since the Cold War, according to draft budget documents Military expenditure (% of GDP) - Canada from The World Bank: Data.
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