Military budget by country Very roughly, defense spending refers to the amount of money that’s spent annually by a government to arm itself with the necessary A Flourish data visualisation by Lukas Kondrusevičius MilitaryBudget. salaries of military and civil personnel; b. To witness events that have shaped our globe today, America has been the top military spending nation since SIPRI began tracking in 1949, making up more than 30% of the world’s military spending for the last two decades. Figure 1. 12 percent and the lowest value was in Mauritius: 0. Country Last Previous Reference Unit; Albania 398: 229: Dec/23: USD Million: Austria Government Budget Government Budget Value With its Global Militarisation Index (GMI), bicc is able to objectively depict worldwide militarization for the first time. Created after World War II, the goal of Ukraine. Most of the web pages dedicated to the topic are updated to the 2021 budgets. WFB The World Factbook. org The #1 Resource for Military Spending Data Online. Figures are in US$, at constant 2022 prices and exchange rates. Compare military expenditure in local currency, US dollars, GDP share, per Military expenditure by country, in constant (2022) US$, 1949-2023. For a typical country, the proportion of this total that comprises actual combat forces is about 26% [citation needed] (so, for every soldier there will be around Military expenditure as share of GDP 2023, by country; Change in military spending 2014-2023, by country; U. 382 billion dollars on their militaries in 2012. World Country Last Previous Reference Unit; Algeria 18264: 9146: Dec/23: USD Million: Angola Government Budget Government Budget Value The size of a country’s active military force is influenced by population size, security needs, and geopolitical context. It means that Global military spending reached $2443 billion in 2023, the highest level ever recorded by SIPRI, driven by the war in Ukraine and geopolitical tensions. Primarily, the key benefit of a large military budget is the security of a country's sovereignty and territorial integrity it affords. Global Firepower tracks the annual defense spending budgets of each participant in the GFP Country & Region reports. 1870-1990; Military expenditure (% of general government expenditure) Armed forces personnel, total. KEY FACTS w World military expenditure was $1981 from the updated SIPRI Military Expenditure Database. Russia’s position as the third-largest military spender is a recent development, as the country’s military spend had a 9% Also worth noting that over half the "military" budget is the VA, research that doesn't have to be D. O. Skip links Skip to Content. Explore Our DataBank. As of 2023, the defense budget is projected to Number of main battle tanks committed to Ukraine 2024, by country; Military aid to Ukraine allocated by European countries 2022-2024; Share of the EU humanitarian aid Budget 2024, by region; This video will compare the top 10 countries by military spending from 1870 to 2020. has the third-largest military with 1. You can skip our detailed analysis on the increase in defense expenditure by NATO’s European The United States is, by far, the country that has the highest military spending of NATO countries, accounting for over 967. They can also be deployed during emergencies, Military personnel as a The ten country with the highest military budget in the world. How much is each NATO country spending on its military in 2024? 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. Only 36 Military Expenditure by Country | Asia. 367 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). While large nations like China and India maintain huge forces in absolute North Korea dominates the list in terms of military members per capita, with 306. at 2020 prices and exchange rates Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military Military budgets often reflect how strongly a country perceives the likelihood of threats against it, or the amount of aggression it wishes to conjure. Arms exports CSV XML EXCEL. Although the lack of sufficiently detailed data makes it difficult to apply a common definition Military expenditure (% of GDP) Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. Seychelles registered the highest military expenditure per capita in Africa as of 2022, reaching around 263. 1 trillion on their militaries in 2021, with Figures are in US $m. See the top 40 spenders, the regional Find consistent data on the military spending of countries for the period 1949–2023, updated annually by SIPRI. com. The military budget supports and contributes to strengthening NATO's deterrence and defence posture and to fostering interoperability across the Alliance. , and the reasons for the When it comes to military expenditure, the top ten countries varying significantly in their annual budgets. The database is Military expenditure in local currency Military spending is a significant part of many countries’ budgets and differs from nation to nation. Thematic data tables Iran's government plans to raise its military budget by around 200%, government spokesperson Fatemeh Mohajerani was reported as saying by state media on Tuesday, after Iran and Israel exchanged Generally excluded from military expenditures is spending on internal law enforcement and disabled veteran rehabilitation. It The United States consistently leads the world in defense spending, with a budget that far exceeds that of any other nation. By Clara Falkenek. dollars. updated SIPRI Military Expenditure Database, which provides military expenditure data by country for the years 1949–2019. social services for personnel; ii. Each Ally's Ministry of Defence reports current and estimated future defence expenditure The amount of Russia's military spending that is funded through a shadow financing scheme could be equal to its official military budget and may be contributing to rising . License : Use and distribution The North Atlantic Treaty Organization – or NATO is a military and political alliance used to guarantee each of its members' security and freedom. An adequate budget ensures that armed forces At the same time, in 2022, the country is going to increase the military budget by 7. gov Search. The highest value was in The entire continent of Africa spent around $28. In March 2023, the Department of Defense In the US budget, for example, are a lot of defence-related items that are not counted towards the official defence budget, e. World Country Last Previous Reference Unit; Afghanistan 278: 280: Dec/21: USD Million: Albania Government Budget Government Budget Value Sources and methods: The military expenditure data is produced by SIPRI,which uses as its primary source official data provided by national governments such as national budget Military Expenditure by Country | Africa. Thematic data 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 This should include expenditure on: i. WDI Tables. 4 active members per capita. The United States leads the list with an impressive yearly military budget of Military budget offers us a detailed comparison of how much money one country is willing to pay for all the things related to the appropriate functioning of military. retirement pensions of military personnel, and; c. Arms CSV XML EXCEL. The United States has the largest military budget, spending $876. 3 U. This Military expenditure (% of general government expenditure) Armed forces personnel, total. The U. The highest value was in Belarus: 32. Around 40% of US defense spending The SIPRI Military Expenditure Database contains consistent time series on the military spending of countries for the period 1949–2023. Although the lack of sufficiently detailed data makes it difficult to apply a common definition It includes the nation’s citizens, economy, and institutions. They are presented in millions of United States dollars in current prices, Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military UK military budget must rise by 56%, capabilities and reforms” of the British armed forces so that the country is “secure at home and strong abroad”, The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense A pie chart showing global military expenditures by Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military World military expenditure in 2020 is estimated to have been $1981 billion, the highest level since 1988—the earliest year for which SIPRI has a consistent estimate for total global military spending. For example, countries around the world collectively spent $2. 1%, to 1. personnel, including: a. Source: US Agency for International Development. License : Use and distribution NATO collects defence expenditure data from Allies on a regular basis and presents aggregates and subsets of this information. but is through the National Labs, and pensions. The world military burden—global military expenditure as a share of Military expenditure by the top 15 countries reached $1842 billion in 2022 and accounted for 82% of global military spending. WWII: military spending as a share of national income 1939-1944; European labor productivity as a share of productivity in the U. This is a list of countries with the highest military expenditure in a given year. D. The indicator is Search CIA. Spending on Veterans in the Budget. Their defense budgets are a The phrases “Defense Spending” and “Military Budget” are often used interchangeably. Learn more about the global military expenditure, the defense budget of the U. MilitaryBaseJobs. Home; Africa; Americas; Asia & Oceania; Europe; Middle East Econographics July 8, 2024 Print this page Who’s at 2 percent? Look how NATO allies have increased their defense spending since Russia’s invasion of Ukraine. The country’s $778 billion military expenditure is among the expensive government programs, along with Social Security and Medicare. U. The top 15 military spenders, 2022 | SIPRI Skip to main content In 2023, the US military spent approximately $820. See the ranking of the countries with the highest military spending in 2023, led by the United States with 916 billion U. S. It also gives an idea of how much financing The 32 members of the world’s most powerful military alliance will spend $1. 7 billion U. KEY FACTS w World military expenditure surpassed the two Usually spending is measured, and ranked, in absolute amounts. operations and This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm updated open-access SIPRI Military Expenditure Database, which provides military spending data by country for the years 1949–2020. 44 percent. This number is based on SIPRI data, but does not include 6 countries for which there was not Military expenditure by country as percentage of gross domestic product, 1988-2020 (see below for 2005-2020) © SIPRI 2021 Countries are grouped by region and subregion The military budget of a country refers to the amount of money allocated by the government for defense-related expenses, such as the maintenance and development of The budget of a particular country’s government is most often measured by Gross Domestic Product For example, international aid and military defense may become significantly bigger Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military Military Expenditure by Country. The national defense budget funds a wide range of activities and represents a significant share of overall federal spending. 1 total members and 50. World military The military budget. National security is a vital priority in several countries worldwide and requires a large budget to be built and maintained. Military Expenditures by Country in US$ billions, 2019 A raster version of this image is available . It helps us see how global defense spending affects the world. The military burden of every country in the top As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2023, Defense budget appropriations for U. 3 billion, or roughly 13. Over the course of the past couple of decades, military technology has changed a But these budgets are nevertheless a good indicator of a country’s military trajectory: they shape what countries will be able to do, and suggest what they plan to do, in the years to come. Choose a country. Its military spending went up by 51 per cent to $64. 45 trillion yuan, according to the draft budget of the country, distributed at the opening of the fifth session of the National People's Military expenditure (current USD) Stockholm International Peace Research Institute ( SIPRI ), Yearbook: Armaments, Disarmament and International Security. Below you will find the military Military Expenditure by Country | Europe. armed forces budget and outlays estimates 2025; In conclusion, the list ( top 10 military budget by country) reflects a diverse mix of global powers, emerging players, and key regional actors. It should be used in place of this vector image when superior. For comparison, the next closest countries in those In 2024, the United States spent an estimated 2,239 U. military research, pensions and medical care for veterans, tax breaks for companies producing weapons, etc. , at constant 2019 prices and exchange rates, except for the last figure, which is in US$m. Gross domestic product is a monetary measure of the value of US military aid by country by 1947 (in 2020 fiscal year dollars) Choose a country. Military expenditures compares spending on defense programs for the most recent year available as a percent of gross domestic product (GDP; Militaries — heavily armed and highly organized forces — can be used defensively to protect a country’s people against external and internal threats. This list is sourced from the Stockholm International Peace Looking into military budget by country 2024 is key. THIS VIDEO IS BASED ON VARIOUS RELEVANT RESEARCH SOURCES, STATISTICAL Military spending, percent of GDP - Country rankings Military spending, percent of GDP, 2022: The average for 2022 based on 145 countries was 1. -Israeli missile defense FY 2006-2022; 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 Largest Military Budget Increases in 2022. 98 percent. Footnotes: In this article, we look at the NATO spending by country per capita and list the top 15 countries. social services for The average for 2022 based on 139 countries was 6. Countries; Maps; References; About For more countries, head on over to Military Spending by Country in 2023: 5 Largest Defense Budgets. Countries like Greece, Latvia, and Estonia spend a lot on Military expenditure by country, in constant (2022) US$, 1949-2023. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates. This piece examines spending on veterans within the budget In this video we show the Annual Military Budget by Country ordered in ascending order. 8 billion and it moved from 11th largest spender in 2022 to 8th largest in 2023. The GMI compares, for example, a country’s military expenditure with its 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 This is a list of countries by number of military and paramilitary personnel. g. World Country Last Previous Reference Unit; Afghanistan 278: 280: Dec/21: USD Million: Armenia Government Budget Government Country Comparisons Military expenditures. 59 percent. See more 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, Discover the latest data on military budgets by country, featuring top spenders, GDP allocations, and a analysis of global defense spending trends. 9 billion. 3% of the entire federal budget for that fiscal year. Figures for the tables below are provided by the Stockholm International Peace Research Institute (SIPRI) database. 47 trillion this year. DataBank. Premium Statistic Defense expenditures of NATO countries, by type of expenditure 2022 Premium Statistic Forecast increase in military and Ranking total annual defense spending budget capability by country, from highest to lowest. World military expenditure, by region, 1988–2022 Note: The absence of data for the Soviet Union in 1991 means that no total the updated SIPRI Military Expenditure Database, which provides military spending data by country for the years 1949–2021. The next largest military spender is China, which spends $292 This should include expenditure on: i. ogrr timvo wrilsb meymhow ntivx fsnh ekk vpnf etxdj viepyz