List of countries by military expenditures

Countries by military expenditures (% of their GDP) in 2014, based on data from the World Bank.

This article is a list of countries by military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates.[1] These results can vary greatly from one year to another based on fluctuations in the exchange rates of each country's currency. Such fluctuations may change a country's ranking from one year to the next.

The first list is based on the Stockholm International Peace Research Institute (SIPRI) 2016 Fact Sheet which includes a list on the world's top 15 military spenders in 2015, based on current market exchange rates.[1] The second list is based on the 2016 edition of "The Military Balance" published by the International Institute for Strategic Studies (IISS) using average market exchange rates.[2]

List

Top five countries by military expenditure in 2015.
According to the Stockholm International Peace Research Institute.[1]
List by the Stockholm International Peace Research Institute
2016 Fact Sheet (for 2015)[1]		 List by the International Institute for Strategic Studies
Top 15 Defence Budgets 2015[3]
Rank Country Spending
($ Bn.) 		% of GDP
World total 1,676.0 2.3
1 United States United States 596.0 3.3
2 China China[lower-alpha 1] 215.0 1.9
3 Saudi Arabia Saudi Arabia[lower-alpha 2] 87.2 13.7
4 Russia Russia 66.4 5.4
5 United Kingdom United Kingdom 55.5 2.0
6 India India 51.3 2.3
7 France France 50.9 2.1
8 Japan Japan 40.9 1.0
9 Germany Germany[lower-alpha 1] 39.4 1.2
10 South Korea South Korea 36.4 2.6
11 Brazil Brazil 24.6 1.4
12 Italy Italy 23.8 1.3
13 Australia Australia 23.6 1.9
14 United Arab EmiratesUAE 22.8 5.7
15 Israel Israel 16.1 5.4
Rank Country Spending
($ Bn.)
1 United States United States 597.5
2 China China 145.8
3 Saudi Arabia Saudi Arabia 81.9
4 Russia Russia 65.6
5 United Kingdom United Kingdom 56.2
6 India India 48.0
7 France France 46.8
8 Japan Japan41.0
9 Germany Germany 36.7
10 South Korea South Korea 33.5
11 Brazil Brazil 24.3
12 Australia Australia 22.8
13 Italy Italy 21.6
14 Iraq Iraq 21.1
15 Israel Israel 18.6

Notes

  1. 1 2 SIPRI estimate.
  2. ↑ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.

See also

Wikinews has related news: Global annual military spending tops $1.2 trillion

References

  1. 1 2 3 4 "Trends in World Military Expenditure, 2015" (PDF). Stockholm International Peace Research Institute. Retrieved 5 April 2016.
  2. ↑ International Institute for Strategic Studies (11 February 2015). The Military Balance 2015. London: Routledge. ISBN 1857437667.
  3. ↑ "Top 15 Defence Budgets 2015". International Institute for Strategic Studies. Retrieved 12 July 2016.

External links

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