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Higher Ed Examiner

The Top 10 Countries With The Largest Military Budgets: Major World Powers

Sukhoi SU-30MKI

As predicted, United States has by far the biggest military budget (accounted for 37 percent of total global military spending),  according to a report published by the Stockholm International Peace Research Institute (SIPRI), measures annual military spending for most of the world’s armed countries.

The Top 10 Countries With The Largest Military Budgets: Major World Powers

Brazilian Air Force

10. Brazil
# Military expenditure: $36.2 billion
# Expenditure as pct. of GDP: 1.4% (tied, 62nd lowest)
# 1-yr. spending change: -3.9% (26th lowest)
# Total arms imports: $254 million (24th highest)
# Total arms exports: $36 million (12th lowest)

Sukhoi SU-30MKI

9. India (Observer states of Shanghai Cooperation Organisation or SCO)
# Military expenditure: $49.1 billion
# Expenditure as pct. of GDP: 2.5% (31st highest)
# 1-yr. spending change: -0.7% (46th lowest)
# Total arms imports: $5.6 billion (the highest)
# Total arms exports: $10 million (10th lowest)

Eurofighter Typhoon

8. Germany (NATO member states, Organisation for Joint Armament Cooperation)
# Military expenditure: $49.3 billion
# Expenditure as pct. of GDP: 1.4% (tied, 62nd lowest)
# 1-yr. spending change: 0.0% (53rd lowest)
# Total arms imports: $129 million (36th highest)
# Total arms exports: $972 million (6th highest)

7. United Kingdom (NATO member states, Organisation for Joint Armament Cooperation)
# Military expenditure: $56.2 billion
# Expenditure as pct. of GDP: 2.3% (34th highest)
# 1-yr. spending change: -2.6% (34th lowest)
# Total arms imports: $438 million (15th highest)
# Total arms exports: $1.4 billion (5th highest)

6. Japan
# Military expenditure: $59.4 billion
# Expenditure as pct. of GDP: 1.0% (31st lowest)
# 1-yr. spending change: -0.2% (52nd lowest)
# Total arms imports: $145 million (34th highest)
# Total arms exports: N/A

5. France (NATO member states, Organisation for Joint Armament Cooperation)
# Military expenditure: $62.3 billion
# Expenditure as pct. of GDP: 2.2% (39th highest)
# 1-yr. spending change: -2.3% (35th lowest)
# Total arms imports: $43 million (55th highest)
# Total arms exports: $1.5 billion (4th highest)

4. Saudi Arabia (Member states of Peninsula Shield Force, the military side of the Cooperation Council for the Arab States of the Gulf (aka the Gulf Cooperation Council or GCC).
# Military expenditure: $62.8 billion
# Expenditure as pct. of GDP: 9.3% (2nd highest)
# 1-yr. spending change: 14.3% (16th highest)
# Total arms imports: $1.5 billion (4th highest)
# Total arms exports: N/A

Sukhoi Su-35

3. Russia (Member states of Shanghai Cooperation Organisation or SCO, Collective Security Treaty Organization or CSTO)
# Military expenditure: $84.9 billion
# Expenditure as pct. of GDP: 4.1% (10th highest)
# 1-yr. spending change: 4.8% (48th highest)
# Total arms imports: $148 million (33rd highest)
# Total arms exports: $8.3 billion (the highest)

Chengdu J-10

2. China (Member states of Shanghai Cooperation Organisation or SCO)
# Military expenditure: $171.4 billion
# Expenditure as pct. of GDP: 2.0% (45th highest)
# 1-yr. spending change: 7.4% (36th highest)
# Total arms imports: $1.5 billion (3rd highest)
# Total arms exports: $1.8 billion (3rd highest)

AH-64 Apache

1. United States (NATO member states)
# Military expenditure: $618.7 billion
# Expenditure as pct. of GDP: 3.8% (14th highest)
# 1-yr. spending change: -7.8% (12th lowest)
# Total arms imports: $759 million (8th highest)
# Total arms exports: $6.2 billion (2nd highest)

Jessica Todd Swift

Jessica Todd SwiftVerified account

Deputy Managing Editor at CEOWORLD Magazine
Jessica Todd Swift is the deputy managing editor of the CEOWORLD magazine. She is a veteran business and tech blogger, journalist, and analyst. Jessica is responsible for overseeing newsroom assignments and publishing and providing support to the editor in chief.
Jessica Todd Swift

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