As a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2024, reaching 35 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Israel, that is fighting Hamas in the Gaza war, and Algeria 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.

Government spending in the United States was last recorded at 39.7 percent of GDP in 2024 . This dataset provides - United States Government Spending To Gdp- actual values, historical data, forecast, chart, statistics, economic calendar and news.

United States US: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 0.968 % in 2016. This records a decrease from the previous number of 1.332 % for 2015. United States US: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 1.566 % from Dec 1971 (Median) to 2016, with 46 observations. The data reached an all-time high of 4.928 % in 1985 and a record low of -2.654 % in 2011. United States US: GDP: Growth: Final Consumption Expenditure: General Government 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: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;

The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In 2023, the military spending worldwide amounted to 2.44 trillion U.S. dollars, which was the highest during the period under consideration. Comparatively, global military spending was at 1.1 trillion U.S. dollars in 2001, and at 1.7 trillion U.S. dollars in 2010, past the peak of the wars in Iraq and Afghanistan. The Russia-Ukraine War The Russia-Ukraine War has been a major driver of more recent military spending increases. From 2021 to 2022, the ratio of Ukraine’s military spending to their GDP increased substantially from 3.8 percent to 33.5 percent. By comparison, this ratio increased in Russia from 3.6 percent in 2021 to only 4 percent in 2022. As a result, large amounts of bilateral aid have gone towards Ukraine. While EU institutions have contributed the most in total, the United States has contributed the most military aid towards Ukraine. Spending by nation Globally, the United States had the largest amount of military spending by large in 2023. The United States spent nearly 916 billion U.S. dollars in 2023 towards defense, compared to 296 billion U.S. dollars and 109 billion U.S. dollars spent by China and Russia respectively. As a percentage of GDP, Ukraine spent the most globally, contributing nearly 37 percent of their GDP to defense, followed by Algeria at 8.2 percent and Saudi Arabia at 7.1 percent.

Data about World Development Indicators measured from 1960 to 2022, extracted from the World Bank database. It includes macro-economical, social, political and environmental data from all the countries and regions the world bank has data about.

It contains information about 268 countries and regions, including 48 features, all numerical. Several entries are missing for different reasons, so you may want to extract only the columns you are interested in.

The columns included in this dataset are:

• country: The country or geographic region.
• date: Date of the measurement. This column along with country can be used as index.
• agricultural_land%: Agricultural land as a % of land area of the country/region.
• forest_land%: Forest area as the % of land area of the country/region.
• land_area: Land area, measured in km^2.
• avg_precipitation: Average precipitation in depth, measured in mm per year.
• trade_in_services%: Trade in services as a % of GDP.
• control_of_corruption_estimate: Index that makes an estimate of the control of corruption.
• control_of_corruption_std: Standard error of the estimate of control of corruption.
• access_to_electricity%: Percentage of the population that has access to electricity.
• renewvable_energy_consumption%: Renewable energy consumption as a % of total final energy consumption.
• electric_power_consumption: Electric power consumption, measured in kWh per capita.
• CO2_emisions: CO2 emisions measured in kt.
• other_greenhouse_emisions: Total greenhouse gas emissions, measured in kt of CO2 equivalent.
• population_density: Population density, measured in people per km^2 of land area.
• inflation_annual%: Inflation, consumer prices, as annual %.
• real_interest_rate: Real interest rate (%).
• risk_premium_on_lending: Risk premium on lending (lending rate minus treasury bill rate, %).
• research_and_development_expenditure%: Research and development expenditure, as a percentage of GDP.
• central_goverment_debt%: Central government debt, total , as a % of GDP.
• tax_revenue%: Tax revenue as a % of GDP.
• expense%: Expense as a % of GDP.
• goverment_effectiveness_estimate: Index that makes an estimate of the Government Effectiveness.
• goverment_effectiveness_std: Standard error of the estimate of Government Effectiveness.
• human_capital_index: Human Capital Index (HCI) (scale 0-1).
• doing_business: Ease of doing business score (0 = lowest performance to 100 = best performance).
• time_to_get_operation_license: Days required to obtain an operating license.
• statistical_performance_indicators: Statistical performance indicators (SPI): Overall score (scale 0-100).
• individuals_using_internet%: Percentage of population using the internet.
• logistic_performance_index: Logistics performance index: Overall (1=low to 5=high).
• military_expenditure%: Military expenditure as a % of GDP.
• GDP_current_US: GDP (current US$).
• political_stability_estimate: Index that makes an estimate of the Political Stability and Absence of Violence/Terrorism.
• political_stability_std: Standard error of the estimate of Political Stability and Absence of Violence/Terrorism.
• rule_of_law_estimate: Index that makes an estimate of the Rule of Law.
• rule_of_law_std: Standard error of the estimate of Rule of Law.
• regulatory_quality_estimate: Index that makes an estimate of Regulatory Quality.
• regulatory_quality_std: Standard error of the estimate of Regulatory Quality.
• government_expenditure_on_education%: Government expenditure on education, total, as a % of GDP.
• government_health_expenditure%: Domestic general government health expenditure as a % of GDP.
• multidimensional_poverty_headcount_ratio%: Multidimensional poverty headcount ratio (% of total population).
• gini_index: Gini index.
• birth_rate: Birth rate, crude (per 1,000 people).
• death_rate: Death rate, crude (per 1,000 people).
• life_expectancy_at_birth: Life expectancy at birth, total (years).
• population: Total population.
• rural_population: Rural population.
• voice_and_accountability_estimate: Index that makes an estimate of Voice and Accountability.
• voice_and_accountability_std: Standard error of the estimate of Voice and Accountability.
• intentional_homicides: Intentional homicides (per 100,000 people).

The United States recorded a Government Budget deficit equal to 6.30 percent of the country's Gross Domestic Product in 2023. This dataset provides - United States Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Iran was worth 436.91 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Iran represents 0.41 percent of the world economy. This dataset provides - Iran GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Russia was worth 2173.84 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Russia represents 2.05 percent of the world economy. This dataset provides the latest reported value for - Russia GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in Mexico was worth 1852.72 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Mexico represents 1.75 percent of the world economy. This dataset provides - Mexico GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The Gross Domestic Product (GDP) in Nigeria was worth 187.76 billion US dollars in 2024, according to official data from the World Bank. The GDP value of Nigeria represents 0.18 percent of the world economy. This dataset provides the latest reported value for - Nigeria GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product (GDP) in India was worth 3912.69 billion US dollars in 2024, according to official data from the World Bank. The GDP value of India represents 3.69 percent of the world economy. This dataset provides the latest reported value for - India GDP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Iran was last recorded at 16224.04 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Iran, when adjusted by Purchasing Power Parity is equivalent to 91 percent of the world's average. This dataset provides - Iran GDP per capita PPP - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The United States recorded a trade deficit of 60.18 USD Billion in June of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Exports in the United States decreased to 277.30 USD Billion in June from 278.65 USD Billion in May of 2025. This dataset provides the latest reported value for - United States Exports - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

The Gross Domestic Product per capita in Poland was last recorded at 45112.60 US dollars in 2024, when adjusted by purchasing power parity (PPP). The GDP per Capita, in Poland, when adjusted by Purchasing Power Parity is equivalent to 254 percent of the world's average. This dataset provides the latest reported value for - Poland GDP per capita PPP - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.