Of the economies in the World Bank's latest release, United States has the highest military expenditure (current USD) (954.39 billion in 2025) and Panama the lowest (0 in 2025). The world figure is 2.86 trillion (2025).
What this measures
Military spending USD, in current prices (converted at the exchange rate for the given year)
Limitations: SIPRI strives to compile reliable, consistent military expenditure data by assessing multiple sources, but accuracy depends on the quality and transparency of those sources. Challenges arise from two key issues: whether reported figures reflect actual spending and how closely they match SIPRI’s definition. While data is generally accurate in developed and many developing countries, weak governance, corruption, and secret transfers in others can lead to major discrepancies. SIPRI sometimes makes estimates, when sources conflict or lack coverage, introducing uncertainty, especially for countries like China or the UAE.
Each country's latest available year is shown; countries report on different schedules, so compare years before comparing values.
Ranking
| # | Economy | Latest value | Year |
|---|---|---|---|
| 1 | United States | 954.39 billion | 2025 |
| 2 | China | 335.52 billion | 2025 |
| 3 | Russian Federation | 190.42 billion | 2025 |
| 4 | Germany | 113.59 billion | 2025 |
| 5 | India | 92.06 billion | 2025 |
| 6 | United Kingdom | 88.98 billion | 2025 |
| 7 | Ukraine | 84.11 billion | 2025 |
| 8 | Saudi Arabia | 83.18 billion | 2025 |
| 9 | France | 68.01 billion | 2025 |
| 10 | Japan | 62.16 billion | 2025 |
| 11 | Israel | 48.28 billion | 2025 |
| 12 | Italy | 48.14 billion | 2025 |
| 13 | Korea, Rep. | 47.77 billion | 2025 |
| 14 | Poland | 46.76 billion | 2025 |
| 15 | Spain | 40.21 billion | 2025 |
| 16 | Canada | 37.49 billion | 2025 |
| 17 | Australia | 35.33 billion | 2025 |
| 18 | Türkiye | 29.99 billion | 2025 |
| 19 | Netherlands | 28.94 billion | 2025 |
| 20 | Algeria | 25.44 billion | 2025 |
| 21 | Brazil | 23.95 billion | 2025 |
| 22 | Singapore | 17.44 billion | 2025 |
| 23 | Norway | 17.03 billion | 2025 |
| 24 | Sweden | 16.47 billion | 2025 |
| 25 | Qatar | 15.41 billion | 2022 |
| 26 | Indonesia | 15.03 billion | 2025 |
| 27 | Denmark | 14.95 billion | 2025 |
| 28 | Belgium | 14.53 billion | 2025 |
| 29 | Colombia | 14.5 billion | 2025 |
| 30 | Mexico | 13.65 billion | 2025 |
| 31 | Pakistan | 11.87 billion | 2025 |
| 32 | Viet Nam | 10.49 billion | 2025 |
| 33 | Romania | 9.73 billion | 2025 |
| 34 | Greece | 8.39 billion | 2025 |
| 35 | Kuwait | 8.09 billion | 2025 |
| 36 | Finland | 8.08 billion | 2025 |
| 37 | Switzerland | 7.59 billion | 2025 |
| 38 | Iran, Islamic Rep. | 7.4 billion | 2025 |
| 39 | Czechia | 7.05 billion | 2025 |
| 40 | Iraq | 6.45 billion | 2025 |
| 41 | Philippines | 6.38 billion | 2025 |
| 42 | Austria | 6.35 billion | 2025 |
| 43 | Morocco | 6.33 billion | 2025 |
| 44 | Oman | 5.99 billion | 2025 |
| 45 | Thailand | 5.98 billion | 2025 |
| 46 | Portugal | 5.86 billion | 2025 |
| 47 | Chile | 5.33 billion | 2025 |
| 48 | Myanmar | 5.01 billion | 2024 |
| 49 | Hungary | 5 billion | 2025 |
| 50 | Azerbaijan | 4.94 billion | 2025 |
| 51 | Malaysia | 4.93 billion | 2025 |
| 52 | Argentina | 3.88 billion | 2025 |
| 53 | Bangladesh | 3.83 billion | 2025 |
| 54 | South Africa | 3.17 billion | 2025 |
| 55 | Slovak Republic | 3.12 billion | 2025 |
| 56 | Lithuania | 2.95 billion | 2025 |
| 57 | New Zealand | 2.86 billion | 2025 |
| 58 | Serbia | 2.78 billion | 2025 |
| 59 | Ecuador | 2.74 billion | 2025 |
| 60 | Peru | 2.6 billion | 2025 |
| 61 | Bulgaria | 2.59 billion | 2025 |
| 62 | Jordan | 2.56 billion | 2025 |
| 63 | Egypt, Arab Rep. | 2.5 billion | 2025 |
| 64 | Venezuela, RB | 2.13 billion | 2017 |
| 65 | Nigeria | 2.1 billion | 2025 |
| 66 | Croatia | 2.1 billion | 2025 |
| 67 | Uruguay | 1.95 billion | 2025 |
| 68 | Belarus | 1.94 billion | 2025 |
| 69 | Latvia | 1.73 billion | 2025 |
| 70 | Armenia | 1.73 billion | 2025 |
| 71 | Estonia | 1.58 billion | 2025 |
| 72 | Libya | 1.57 billion | 2023 |
| 73 | Ireland | 1.55 billion | 2025 |
| 74 | Tunisia | 1.48 billion | 2025 |
| 75 | Kenya | 1.47 billion | 2025 |
| 76 | Bahrain | 1.47 billion | 2025 |
| 77 | Angola | 1.46 billion | 2025 |
| 78 | Uzbekistan | 1.44 billion | 2018 |
| 79 | Sri Lanka | 1.39 billion | 2025 |
| 80 | Kazakhstan | 1.31 billion | 2025 |
| 81 | Uganda | 1.3 billion | 2025 |
| 82 | Congo, Dem. Rep. | 1.23 billion | 2025 |
| 83 | Slovenia | 1.22 billion | 2025 |
| 84 | Dominican Republic | 1.04 billion | 2025 |
| 85 | Tanzania | 1.03 billion | 2025 |
| 86 | Mali | 952.9 million | 2025 |
| 87 | Burkina Faso | 891.56 million | 2025 |
| 88 | Luxembourg | 855.41 million | 2025 |
| 89 | Lebanon | 828.3 million | 2025 |
| 90 | Côte d'Ivoire | 759.44 million | 2025 |
| 91 | Cambodia | 738.95 million | 2025 |
| 92 | Bolivia | 688.31 million | 2025 |
| 93 | Cyprus | 663.31 million | 2025 |
| 94 | Georgia | 657.88 million | 2025 |
| 95 | Chad | 648.81 million | 2025 |
| 96 | Guatemala | 632.87 million | 2025 |
| 97 | Cameroon | 627.47 million | 2025 |
| 98 | Albania | 623.61 million | 2025 |
| 99 | Botswana | 614.35 million | 2025 |
| 100 | Kyrgyz Republic | 601.13 million | 2025 |
| 101 | Guinea | 600.54 million | 2025 |
| 102 | Honduras | 580.25 million | 2025 |
| 103 | Senegal | 566.87 million | 2025 |
| 104 | Brunei Darussalam | 560.27 million | 2024 |
| 105 | Ethiopia | 528.11 million | 2025 |
| 106 | Ghana | 506.65 million | 2025 |
| 107 | El Salvador | 490 million | 2025 |
| 108 | Niger | 488.89 million | 2025 |
| 109 | Mozambique | 468.06 million | 2025 |
| 110 | Nepal | 428.29 million | 2025 |
| 111 | Paraguay | 421.1 million | 2025 |
| 112 | Namibia | 410.52 million | 2025 |
| 113 | Zambia | 405.86 million | 2025 |
| 114 | North Macedonia | 374.75 million | 2025 |
| 115 | Sudan | 369.44 million | 2021 |
| 116 | Gabon | 356.11 million | 2025 |
| 117 | Mauritania | 321.76 million | 2025 |
| 118 | Jamaica | 286.65 million | 2025 |
| 119 | Afghanistan | 278.25 million | 2021 |
| 120 | Guyana | 247.64 million | 2025 |
| 121 | Tajikistan | 246.93 million | 2025 |
| 122 | Kosovo | 234.5 million | 2025 |
| 123 | Bosnia and Herzegovina | 231.4 million | 2025 |
| 124 | Trinidad and Tobago | 229.9 million | 2025 |
| 125 | Burundi | 226.62 million | 2025 |
| 126 | Mongolia | 221.32 million | 2025 |
| 127 | Benin | 216.91 million | 2025 |
| 128 | Togo | 204.95 million | 2025 |
| 129 | Congo, Rep. | 204.92 million | 2025 |
| 130 | Somalia, Fed. Rep. | 199.47 million | 2025 |
| 131 | Rwanda | 191.19 million | 2025 |
| 132 | South Sudan | 178.42 million | 2025 |
| 133 | Montenegro | 176.55 million | 2025 |
| 134 | Malawi | 162.82 million | 2025 |
| 135 | Zimbabwe | 159.64 million | 2025 |
| 136 | Cuba | 128.61 million | 2018 |
| 137 | Malta | 124.66 million | 2025 |
| 138 | Equatorial Guinea | 120.73 million | 2025 |
| 139 | Madagascar | 119.68 million | 2025 |
| 140 | Nicaragua | 116.37 million | 2025 |
| 141 | Moldova | 113.29 million | 2025 |
| 142 | Papua New Guinea | 106.48 million | 2025 |
| 143 | Eswatini | 93.36 million | 2025 |
| 144 | Fiji | 81.16 million | 2025 |
| 145 | Central African Republic | 74.19 million | 2025 |
| 146 | Timor-Leste | 47.92 million | 2025 |
| 147 | Liberia | 44.21 million | 2025 |
| 148 | Lesotho | 39.91 million | 2025 |
| 149 | Haiti | 39.14 million | 2025 |
| 150 | Belize | 33.32 million | 2025 |
| 151 | Sierra Leone | 32.18 million | 2025 |
| 152 | Seychelles | 28.38 million | 2025 |
| 153 | Mauritius | 23.84 million | 2025 |
| 154 | Guinea-Bissau | 22.36 million | 2025 |
| 155 | Cabo Verde | 20.08 million | 2025 |
| 156 | Gambia, The | 14.74 million | 2025 |
| 157 | Costa Rica | 0 | 2025 |
| 158 | Iceland | 0 | 2025 |
| 159 | Panama | 0 | 2025 |
Regions and income groups
More public sector indicators
- Net acquisition of financial assets (current LCU)
- Net acquisition of financial assets (% of GDP)
- Central government debt, total (current LCU)
- Central government debt, total (% of GDP)
- Net incurrence of liabilities, total (current LCU)
- Net incurrence of liabilities, total (% of GDP)
- Net investment in nonfinancial assets (current LCU)
- Net investment in nonfinancial assets (% of GDP)
- Net lending (+) / net borrowing (-) (current LCU)
- Net lending (+) / net borrowing (-) (% of GDP)
- Grants and other revenue (current LCU)
- Grants and other revenue (% of revenue)
Reading data like this
Source
World Bank, World Development Indicators, MS.MIL.XPND.CD, CC BY 4.0. Original source: SIPRI Military Expenditure Database, Stockholm International Peace Research Institute (SIPRI), uri: https://www.sipri.org/databases View on data.worldbank.org; the full definition is in the World Bank's metadata glossary.
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