Countries with the Largest Military Budgets

The top 20 countries ranked by defense spending in 2023, based on SIPRI data. The United States accounts for about 40% of total global military expenditure.

Data
# Country Region Spending (USD billions) % of GDP
1United StatesAmericas$916.03.5%
2ChinaAsia$296.01.7%
3RussiaEurope / Asia$109.05.9%
4IndiaAsia$83.62.4%
5Saudi ArabiaMiddle East$75.87.1%
6United KingdomEurope$74.92.3%
7GermanyEurope$66.81.6%
8UkraineEurope$64.837.0%
9FranceEurope$61.32.1%
10JapanAsia$50.21.2%
11South KoreaAsia$47.92.8%
12ItalyEurope$35.51.5%
13AustraliaOceania$32.32.0%
14IsraelMiddle East$27.55.3%
15CanadaAmericas$26.91.4%
16SpainEurope$20.31.3%
17BrazilAmericas$20.11.1%
18NetherlandsEurope$19.91.7%
19PolandEurope$19.43.9%
20TaiwanAsia$16.62.5%

Source: SIPRI Military Expenditure Database. Data for 2023. Spending in current USD billions.