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.

Germany DE: Military Expenditure: % of GDP data was reported at 1.520 % in 2023. This records an increase from the previous number of 1.377 % for 2022. Germany DE: Military Expenditure: % of GDP data is updated yearly, averaging 1.929 % from Dec 1960 (Median) to 2023, with 64 observations. The data reached an all-time high of 4.899 % in 1963 and a record low of 1.066 % in 2005. Germany DE: Military Expenditure: % of GDP data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Germany – Table DE.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.

This dataset provides values for MILITARY EXPENDITURE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

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.

This dataset is about countries per year. It has 194 rows and is filtered where the date is 2023. It features 4 columns: country, GDP, and military expenditure.

This dataset is about countries in Southern Asia. It has 9 rows. It features 3 columns: GDP, and military expenditure.

Historical chart and dataset showing Ukraine military spending/defense budget by year from 1992 to 2023.

This dataset provides values for MILITARY EXPENDITURE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset is about countries in Western Africa. It has 16 rows. It features 3 columns: GDP, and military expenditure.

This dataset provides values for MILITARY EXPENDITURE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset is about countries in Caribbean. It has 13 rows. It features 3 columns: GDP, and military expenditure.

Historical chart and dataset showing Turkey military spending/defense budget by year from 1960 to 2023.

This dataset is about countries per year in Rwanda. It has 64 rows. It features 4 columns: country, GDP, and military expenditure.

This dataset provides values for MILITARY EXPENDITURE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Historical chart and dataset showing Bangladesh military spending/defense budget by year from 1973 to 2023.

This dataset provides values for MILITARY EXPENDITURE PERCENT OF GDP WB DATA.HTML reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

This dataset is about countries per year in Honduras. It has 1 row and is filtered where the date is 2023. It features 4 columns: country, GDP, and military expenditure.

This dataset is about countries per year in Malaysia. It has 1 row and is filtered where the date is 2023. It features 4 columns: country, GDP, and military expenditure.

The dataset comprises the Quad (Australia, India, Japan, and the United States) member countries’ military expenditure (ME) and related economic indicators, 1991-2020. lnME is logarithms of the Quad member countries’ ME. lnSpillover1 is the product of the Quad member countries’ ME divided by its own ME. lnSpillover2 is logarithms of the sum of the Quad member countries’ ME minus its own ME. lnGDP is the Quad member countries’ GDP. And lnChineseME is logarithms of Chinese ME. lnME_fd is the first difference value of lnME. lnSpillover1_fd is the first difference value of lnSpillover1. lnSpillover2_fd is the first difference value of lnSpillover2. lnGDP_fd is the first difference value of ln lnGDP. And lnChineseME_fd is the first difference value of lnChineseME. IV_1_1 is the 2 periods lagged lnSpillover1_fd. IV_1_2 is logarithms of the first difference value of the product of the Quad member countries’ GDP divided by its own GDP. IV_2_1 is the 2 periods lagged lnSpillover2_fd. IV_2_2 is logarithms of the first difference value of the sum of the Quad member countries’ GDP minus its own GDP. Data on the Quad member countries’ ME (in current US dollars) from 1991–2020 were obtained from Stockholm International Peace Research Institute (2022), and data on their GDP (in current US dollars) during the same period were obtained from World Bank (2022). Further, Chinese ME (in current US dollars) from 1991–2020 were obtained from Stockholm International Peace Research Institute (2022). The data were converted to constant US dollars using the US GDP deflator taken from World Bank (2022). Data source Stockholm International Peace Research Institute. 2022. “SIPRI Military Expenditure Database.” https://www.sipri.org/databases/milex. World Bank. 2022. “World Development Indicators.” https://databank.worldbank.org/source/world-development-indicators.

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.