The 30 Countries Spending The Most On Their Military, 2018

With defense spending totaling $610 billion in 2017, the United States spends more than any other nation on military in the world, while China ($228 billion) and Saudi Arabia ($69 billion) placed second and third, respectively. But as a percent of the gross domestic product, the United States spends about 3.3%, far less than many countries.

To create a list of countries spending the most on their military, the CEOWORLD magazine reviewed numerous national and international media reports. Data used to score and rank countries was taken from the CIA’s World Factbook, other publicly available information, research papers, and academic studies. This list was condensed to what we considered the world’s top 30 countries spending the most on their military.

These are the 30 countries that have the highest military expenditures as a percent of the gross domestic product, calculated on an exchange rate basis. See where the United States falls on this list?

The 30 Countries Spending The Most On Their Military, 2018

1. Oman
Percent of GDP spent on military: 13.73%

2. South Sudan
Percent of GDP spent on military: 10.93%

3. Saudi Arabia
Percent of GDP spent on military: 9.85%

4. Republic of Congo
Percent of GDP spent on military: 7.17%

5. Algeria
Percent of GDP spent on military: 5.81%

6. Israel
Percent of GDP spent on military: 5.62%

7. United Arab Emirates
Percent of GDP spent on military: 5.86%

8.Kuwait
Percent of GDP spent on military: 4.83%

9. Jordan
Percent of GDP spent on military: 4.80%

10. Bahrain
Percent of GDP spent on military: 4.59%

11. Namibia
Percent of GDP spent on military: 4.44%

12. Russia
Percent of GDP spent on military: 4.24%

13. Armenia
Percent of GDP spent on military: 4.09%

14. Myanmar
Percent of GDP spent on military: 4.08%

15. Niger
Percent of GDP spent on military: 4.00%

16. Yemen
Percent of GDP spent on military: 3.97%

17. Azerbaijan
Percent of GDP spent on military: 3.64%

18. Iraq
Percent of GDP spent on military: 3.63%

19. Pakistan
Percent of GDP spent on military: 3.56%

20. Colombia
Percent of GDP spent on military: 3.507%

21. Ukraine
Percent of GDP spent on military: 3.50%

22. Botswana
Percent of GDP spent on military: 3.37%

23. Singapore
Percent of GDP spent on military: 3.35%

24. United States
Percent of GDP spent on military: 3.29%

25. Morocco
Percent of GDP spent on military: 3.28%

26. Kyrgyzstan
Percent of GDP spent on military: 3.15%

27. Cuba
Percent of GDP spent on military: 3.08%

28. Mauritania
Percent of GDP spent on military: 2.97%

29. Angola
Percent of GDP spent on military: 2.95%

30. Lebanon
Percent of GDP spent on military: 91%

Have you read?

Which Country Spent The Most On Their Military, 2017?
The World’s Most Powerful Militaries In 2018.

This report/news/ranking/statistics has been prepared only for general guidance on matters of interest and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication, and, to the extent permitted by law, CEOWORLD magazine does not accept or assume any liability, responsibility or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance on the information contained in this publication or for any decision based on it.

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