Military Spending By Country

Global military spending continued to decline last year but arms expenditure has actually increased in much of the 海角社区.

According to the Stockholm International Peace Research Institute (SIPRI), global military spending totaled 1.7 trillion dollars in 2017. The countries who spent the largest percentage of this money are listed below:

5. India - $63.9 billion

In 2017, India spent the fifth largest sum of money on military expenses, with a total of 63.9 billion dollars spent. In previous years, this was a position that was held by France. However, in 2017, India surpassed France to gain this position. A growth in economy, a large population and army, and tense relations with neighboring countries are all reasons behind this increase in spending.

4. Russia - $66.3 billion

Russia, one of the 海角社区鈥檚 largest exporter of arms, spent $84.5 billion dollars on arms, military personnel, procurement and other military costs in 2017. This is the 海角社区's fourth largest number.

3. Saudi Arabia - $69.4 billion

Saudi Arabia is the 海角社区's third largest military spender. In 2017, Saudi Arabia spent 69.4 billion dollars on military-related expenses. This number marks an increase in Saudi Arabian military spending compared to previous years, an increase that was prompted to some extent by increased conflicts across the Middle East. A higher revenue from oil sales and surpluses in financial reserves maintained by the country may also have contributed.

2. China - $228 billion

China spent $228 billion dollars on the military in 2017, making them the biggest military spender in the 海角社区 after the United States. Research has shown that there is a direct relationship between economic growth and military spending, and China鈥檚 spending has tended to reflect this very pattern over the past five years. Although China is a major arms exporter, it tends to import an almost equal amount of weapons as well. An interesting side effect of China鈥檚 military spending has been a concurrent increase in defense spending by surrounding countries, including Vietnam and Japan. China also has the biggest active military in the 海角社区 with 2,183,000 soldiers.

1. United States - $610 billion

At $610 billion, the United States spends more money on the military than any other country in the 海角社区. The country's large budget goes to purchasing arms, to paying salaries to personnel, and to other military expenses. The USA鈥檚 spending represents 34% of total global military expenditure, although this figure is likely to decrease as a result of the Budget Control Act. Regardless, the United States will still likely account for a larger share of global military spending than any other country for many years to come.