The United States led the ranking of the countries with the highest military spending in 2023, with 916 billion U.S. dollars dedicated to the military. That constituted over 40 percent of the total military spending worldwide that year, which amounted to 2.4 trillion U.S. dollars. This amounted to 3.5 percent of the U.S. gross domestic product (GDP), placing the U.S. lower in the ranking of military expenditure as a percentage of GDP than for instance Saudi Arabia, Israel, Algeria, and Russia. China was the second largest military spender with an estimated 296 billion U.S. dollars spent, with Russia following in third. Defense budgetAccording to the U.S. Congressional Budget Office, the outlays for defense will rise to 1.1 trillion U.S. dollars by 2033. The largest parts of the budget are dedicated to the Departments of the Navy and the Air Force. The budget for the U.S. Air Force for 2024 was nearly 260 billion U.S. dollars.Global military spendingThe value of military spending globally has grown steadily in the past years and reached 2.44 trillion U.S. dollars in 2023. Reasons for this are the outbreak of the Russia-Ukraine war in 2022, the war in Gaza, as well as increasing tensions in the South China Sea. North America is by far the leading region worldwide in terms of expenditure on the military.

Military expenditure (% of GDP) in United States was reported at 3.3618 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. United States - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

In 2023, military expenditures accounted for 1.6 percent of the gross domestic product (GDP) in Norway. That was marginally higher than the previous year. In 2023, military expenditure in Norway reached nearly 91.6 billion Norwegian kroner.

United States US: Military Expenditure: % of GDP data was reported at 3.149 % in 2017. This records a decrease from the previous number of 3.222 % for 2016. United States US: Military Expenditure: % of GDP data is updated yearly, averaging 4.864 % from Sep 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 9.063 % in 1967 and a record low of 2.908 % in 1999. United States US: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s United States – Table US.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2023, reaching 37 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Algeria and Saudi Arabia followed behind.Leading military spending countriesIn gross terms, the countries with the highest military spending are the United States, China, and Russia. However, these are countries with large populations and GDPs, and smaller countries usually cannot compete alone, regardless of how much they invest. For this reason, they form alliances such as the North Atlantic Treaty Organization (NATO). NATO countries aim to pool two percent of their GDP towards their own militaries and to aid each other in case of war. Regional differencesThe past decade has seen an increase in global military spending. This has not been distributed evenly. That period saw large positive changes in military spending from several Asian countries, including a large increase from China. While this does not reflect the number of active conflicts, it reflects growing tensions in global affairs.

Sweden's military expenditure as a share of its gross domestic product (GDP) was around one percent from 2011 to 2019. However, it has increased since, reaching 1.5 percent in 2023. The country's total military expenditure amounted to 78 billion Swedish kronor in 2022.

Cyprus CY: Military Expenditure: % of GDP data was reported at 1.825 % in 2023. This records an increase from the previous number of 1.823 % for 2022. Cyprus CY: Military Expenditure: % of GDP data is updated yearly, averaging 1.920 % from Dec 1985 (Median) to 2023, with 39 observations. The data reached an all-time high of 9.129 % in 1992 and a record low of 1.270 % in 1985. Cyprus CY: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Cyprus – Table CY.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

Graph and download economic data for Government current expenditures: Federal: National defense (G160461A027NBEA) from 1959 to 2023 about defense, expenditures, federal, government, GDP, and USA.

Military expenditure (% of GDP) in Japan was reported at 1.1961 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Japan - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

In 2023, the military expenditure of Colombia accounted for approximately 2.87 percent of the country's gross domestic product (GDP), the highest share in Latin America and the Caribbean. Ecuador is also one of the countries in the region with the highest military budget in relation to its GDP, having spent an estimated sum comparable to 2.3 percent of its GDP on military expenditures.

Military expenditure (% of GDP) in Greece was reported at 3.2344 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Greece - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Iceland IS: Military Expenditure: % of GDP data was reported at 0.000 % in 2017. This stayed constant from the previous number of 0.000 % for 2016. Iceland IS: Military Expenditure: % of GDP data is updated yearly, averaging 0.000 % from Dec 1960 (Median) to 2017, with 58 observations. Iceland IS: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Iceland – Table IS.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

Georgia: Military spending, percent of GDP: The latest value from 2022 is 1.43 percent, a decline from 1.61 percent in 2021. In comparison, the world average is 1.98 percent, based on data from 145 countries. Historically, the average for Georgia from 1996 to 2022 is 2.65 percent. The minimum value, 0.62 percent, was reached in 2000 while the maximum of 9.16 percent was recorded in 2007.

Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country).

Military expenditure (% of GDP) in Moldova was reported at 0.54668 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Moldova - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

Korea Military Expenditure: % of GDP data was reported at 2.555 % in 2017. This records a decrease from the previous number of 2.618 % for 2016. Korea Military Expenditure: % of GDP data is updated yearly, averaging 4.085 % from Dec 1960 (Median) to 2017, with 58 observations. The data reached an all-time high of 7.158 % in 1960 and a record low of 2.315 % in 2002. Korea Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s South Korea – Table KR.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.); ; Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.; Weighted average; Data for some countries are based on partial or uncertain data or rough estimates.

Graph and download economic data for Shares of gross domestic product: Government consumption expenditures and gross investment: Federal: National defense (A824RE1Q156NBEA) from Q1 1947 to Q4 2024 about Shares of GDP, defense, investment, gross, federal, consumption expenditures, consumption, government, GDP, and USA.

Canada CA: Military Expenditure: % of GDP data was reported at 1.293 % in 2024. This records an increase from the previous number of 1.196 % for 2023. Canada CA: Military Expenditure: % of GDP data is updated yearly, averaging 1.738 % from Mar 1961 (Median) to 2024, with 64 observations. The data reached an all-time high of 4.185 % in 1961 and a record low of 0.990 % in 2015. Canada CA: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Canada – Table CA.World Bank.WDI: Defense and Official Development Assistance. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces, including peacekeeping forces; defense ministries and other government agencies engaged in defense projects; paramilitary forces, if these are judged to be trained and equipped for military operations; and military space activities. Such expenditures include military and civil personnel, including retirement pensions of military personnel and social services for personnel; operation and maintenance; procurement; military research and development; and military aid (in the military expenditures of the donor country). Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons. This definition cannot be applied for all countries, however, since that would require much more detailed information than is available about what is included in military budgets and off-budget military expenditure items. (For example, military budgets might or might not cover civil defense, reserves and auxiliary forces, police and paramilitary forces, dual-purpose forces such as military and civilian police, military grants in kind, pensions for military personnel, and social security contributions paid by one part of government to another.);Stockholm International Peace Research Institute (SIPRI), Yearbook: Armaments, Disarmament and International Security.;Weighted average;Data for some countries are based on partial or uncertain data or rough estimates.

Military expenditure (% of GDP) in Hungary was reported at 2.1278 % in 2023, according to the World Bank collection of development indicators, compiled from officially recognized sources. Hungary - Military expenditure (% of GDP) - actual values, historical data, forecasts and projections were sourced from the World Bank on March of 2025.

The average for 2022 based on 42 countries was 1.49 percent. The highest value was in Togo: 5.44 percent and the lowest value was in Mauritius: 0.17 percent. The indicator is available from 1960 to 2022. Below is a chart for all countries where data are available.