List of countries by military expenditures

Top five countries by military expenditure in 2014.
According to the International Institute for Strategic Studies.[1]

This article is a list of countries by military expenditure, the amount spent by a nation on its military in a given year. Military expenditure figures are presented in US$ based on either constant or current exchange rates.[2] 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 2015 edition of "The Military Balance" published by the International Institute for Strategic Studies (IISS) using average market exchange rates.[1] The second list is based on the Stockholm International Peace Research Institute (SIPRI) 2015 Fact Sheet which includes a list on the world's top 15 military spenders in 2014, based on current market exchange rates.[2]

List

Top ten military expenditures in US$ Bn. in 2013, according to the Stockholm International Peace Research Institute
List by the International Institute for Strategic Studies
World Military Balance 2015 (for 2014)[1]		 List by the Stockholm International Peace Research Institute
2015 Fact Sheet (for 2014)[2]
Rank Country Spending ($ Bn.) % of GDP
— World total
1 United States United States 581.0 3.3
2 China China 129.4 1.2
3 Saudi Arabia Saudi Arabia 80.8 10.7
4 Russia Russia 70.0 3.7
5 United Kingdom United Kingdom 61.8 2.1
6 France France 53.1 1.8
7 Japan Japan 47.7 1.0
8 India India 45.2 2.2
9 Germany Germany 43.9 1.1
10 South Korea South Korea 34.4 2.4
11 Brazil Brazil 31.9 1.3
12 Italy Italy 24.3 1.1
13 Israel Israel 23.2 7.6
14 Australia Australia 22.5 1.5
15 Iraq Iraq 18.9 8.5
Rank Country Spending ($ Bn.) % of GDP
— World total 1,776.0 2.3
1 United States United States 610.0 3.5
2 China China[lower-alpha 1] 216.0 2.1
3 Russia Russia[lower-alpha 1] 84.5 4.5
4 Saudi Arabia Saudi Arabia[lower-alpha 2] 80.8 10.4
5 France France 62.3 2.2
6 United Kingdom United Kingdom 60.5 2.2
7 India India 50.0 2.4
8 Germany Germany[lower-alpha 1] 46.5 1.2
9 Japan Japan 45.8 1.0
10 South Korea South Korea 36.7 2.6
11 Brazil Brazil 31.7 1.4
12 Italy Italy 30.9 1.5
13 Australia Australia 25.4 1.8
14 United Arab Emirates United Arab Emirates[lower-alpha 1] 22.8 5.1
15 Turkey Turkey 22.6 2.2

2045

Projected military expenditure of the world's major powers in 2045.[3]

A United Kingdom academic report from the Ministry of Defence outlines projected defence expenditure of major powers for the year 2045.[3]

Rank Country Spending in PPP ($ Bn.)
1 United States United States 1,335
2 China China 1,270
3 India India 654
4 Russia Russia 295
5 United Kingdom United Kingdom 108
6 Brazil Brazil 97
7 France France 87
8 Japan Japan 67
9 Germany Germany 63

Notes

  1. ↑ 1.0 1.1 1.2 1.3 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. ↑ 1.0 1.1 1.2 International Institute for Strategic Studies (11 February 2015). The Military Balance 2015. London: Routledge. ISBN 1857437667.
  2. ↑ 2.0 2.1 2.2 "The 15 countries with the highest military expenditure in 2014 (table)" (PDF). Stockholm International Peace Research Institute. Retrieved 13 April 2015.
  3. ↑ 3.0 3.1 Global Strategic Trends out to 2045, gov.uk, 15 July 2014

External links