5 Countries With Highest Military Spending In The World

In this article, we are going to look at 5 countries with highest military spending in the world. If you want to read more about the countries with the highest military expenditures and check out our detailed analysis of the global defense industry, you can go to 20 Countries With Highest Military Spending In The World.

5. Saudi Arabia

Military Expenditure: $75.01 Billion

Saudi Arabia is the largest country in the Middle East and it ranks among the top 5 countries with highest military spending in the world. Since the 1970s, Saudi Arabia has been in a conflict with Iran which fuels the need for a strong defense force. In 2022, Saudi Arabia’s military expenditure reached $75.01 billion.

4. India

Military Expenditure: $81.36 Billion

India is one of the largest and most populated countries in the world. India’s relations with its neighbors Pakistan and China face ongoing challenges, including the territorial dispute in Kashmir, which fuels the need for a strong defense and military. Fueled by regional tensions, India’s military spending reached $81.36 billion in 2022.

3. Russia

Military Expenditure: $86.37 Billion

Russia, a country spanning Eastern Europe and Northern Asia, is the largest country in the world by size. It ranks among the top 3 countries with highest military spending in the world. Russia is also a major exporter of arms and weapons. In 2022, Russia’s military expenditure reached $86.37 billion.

2. China

Military Expenditure: $291.96 Billion

China is one of the world’s most populated and largest countries by area. China ranks second on our list of countries with highest military spending in the world. Regional tensions combined with China’s aim to project power regionally and globally have led to the country spending around $291.96 billion on military and defense in 2022.

1. United States

Military Expenditure: $876.94 Billion

The United States tops our list of 20 countries with highest military spending in the world. The US is home to a thriving weapons, arms, and defense industry. In 2022, US military spending reached $876.94 billion, which was around 39% of the total global military spending for the year.

You can also take a look at 20 Countries With Highest Wealth Inequality and 13 Countries With The Most Overseas Military Bases.