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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.
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.
Rank Country Global Militarization Index (GMI) Military Expenditure Index Score People Index Score Heavy Weapons Index Score 1 Ukraine 335: 5.11: 1.29: 1.75
Global military expenditure was $1.917 trillion in 2019, rising 3.6% from 2018 and 7.2% from 2010 to reach the highest level since 1988, according to the Stockholm International Peace Research ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. This is a list of countries by past military ... countries by military expenditures;
By 2022, however, NATO leaders have once again began re-evaluating their defense budgets following Russia’s invasion of Ukraine, and by 2024, a historic number of NATO allies had met their ...
The index uses a number of indicators. [8]Military Expenditure Index Score: comparison of military expenditures with GDP and health care expenditures. People Index Score: contrast between the number of military and paramilitary forces with the overall population and the number of physicians.
According to the Stockholm International Peace Research Institute, global military spending set a new record of $2.1 trillion in 2021, and remember, this was before a major war which has led to ...