15 Countries With Highest Defense Spending and Largest Military Budgets

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7. UK

Military Spending: $48.3 Billion

As one of the global superpowers, it’s not surprising that the United Kingdom, the number 7 in our list of countries with highest defense spending and largest military budgets is also one of the top spenders on military. The UK’s military spending amassed 1.9% of its GDP. Between 2007 and 2016, the UK’s military spending declined by 12%, while its spending as a percentage of GDP declined by 30 basis points. The UK is also a top exporter of weapons.

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