15 Countries With Highest Defense Spending and Largest Military Budgets

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8. Japan

Military Spending: $46.1 Billion

Even though its the eighth-ranked country in terms of countries with highest defense spending and largest military budgets, Japan’s spending represents just 1% of its GDP. Japan’s location in proximity to North Korea, as well as the ongoing tensions with China over claims in the East China Sea, are just two of the reasons why Japan’s military budget is so high.

WorldStock/Shutterstock.com

WorldStock/Shutterstock.com

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