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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 the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence. ... Defence spending: How Nato countries compare. Ian Jones, PA. April 10, 2024 at 4:16 AM.
The defence spending of the United States is more than double the defence spending of all other NATO members combined.(Note that this is total U.S. defense spending, not spending specifically for NATO) [19] Criticism of the fact that many member states were not contributing their fair share in accordance with the international agreement by then ...
South Korea * 6,041: 7,732: ... Military budget; List of countries by military expenditures; List of countries by military expenditure per capita; References
In 2023, 11 Nato countries spent the equivalent of at least 2% of GDP on defence.
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
NATO's European states would invest a combined total of $380 billion in defence this year, taking their spending as a whole to an estimated 2% of GDP in 2024 compared to 1.85% in 2023, NATO ...
South Korea has one of the highest defense budgets in the world, ranking 9th globally in 2021, with a budget of nearly $46.7 billion U.S. dollars, [40] and the defense budget trends from 1975 to 2023 based on South Korea's 2015 GDP announced by the Ministry of National Defense are as follows, [41] and the actual annual military expenditure may ...