The following is a list of countries with the highest military expenditures.
The first list is based on theStockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 40 military spenders as of 2024, based on current market exchange rates.[1]
The second list is based on the 2025 edition ofThe Military Balance, published by theInternational Institute for Strategic Studies (IISS) using average market exchange rates.[2]
| 40 countries with the highest military spending worldwide in 2024[1] SIPRI Military Expenditure Database | List by theInternational Institute for Strategic Studies 2025 edition of "The Military Balance" from the | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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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 theStockholm International Peace Research Institute as a source, while the second list gets its data from theInternational Institute for Strategic Studies.
| List by theStockholm International Peace Research Institute SIPRI Military Expenditure Database (2024)[5] | List by theInternational Institute for Strategic Studies Top 15 Defence Budgets 2020[6] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| * Italic values are SIPRI estimates. |