Military Spending by Country (2024)

World rankings for Military Spending. Higher values rank higher. Based on latest available data.

# Country Value CAGR 1Y
1 Ukraine 34.5% 15.2% -5.6% 2 Eritrea 20.9% -0.2% 0.9% 3 Israel 8.8% 0.3% 63.0% 4 Algeria 8.0% 2.5% 7.9% 5 Saudi Arabia 7.3% 0.3% 0.2% 6 Russia 7.1% 1.5% 30.5% 7 Myanmar 6.8% 0.2% 81.0% 8 Qatar 6.5% -0.5% 0.7% 9 United Arab Emirates 5.6% -1.1% -6.5% 10 Oman 5.6% -1.0% 1.2% 11 Armenia 5.5% 2.9% -0.5% 12 Libya 5.3% 1.9% 21.6% 13 Azerbaijan 5.0% 2.3% 1.4% 14 Kuwait 4.8% 1.3% 1.5% 15 Jordan 4.8% -2.2% -0.3% 16 Burkina Faso 4.7% 3.1% 14.7% 17 Mali 4.2% 0.7% 11.3% 18 Poland 4.2% 1.0% 27.1% 19 Syria 4.1% -1.9% 0.7% 20 Yemen 4.0% -2.1% -2.8% 21 Burundi 3.8% 4.9% 10.8% 22 Brunei 3.6% -0.6% 20.2% 23 Morocco 3.5% 0.7% -2.1% 24 United States 3.4% -1.5% 3.5% 25 Estonia 3.4% 4.9% 12.6% 26 Latvia 3.3% 4.9% 9.7% 27 Greece 3.1% -0.7% 8.5% 28 Lithuania 3.1% 4.4% 14.9% 29 Kyrgyzstan 3.0% 1.9% -14.2% 30 Turkmenistan 2.9% 10.1% -6.8% 31 Bahrain 2.9% 1.3% -17.8% 32 Cuba 2.9% -1.8% 0.1% 33 Uzbekistan 2.9% 2.7% 566.8% 34 Singapore 2.8% -1.2% 0.4% 35 Botswana 2.8% 1.6% 15.4% 36 Namibia 2.7% -2.5% -0.4% 37 Pakistan 2.7% -0.7% -7.4% 38 Timor-Leste 2.7% 2.1% 0.6% 39 Djibouti 2.6% 17.5% -9.4% 40 Serbia 2.6% -0.7% 17.5% 41 Lebanon 2.6% -0.6% 59.4% 42 South Korea 2.6% -1.6% -1.4% 43 Central African Republic 2.5% 1.4% 6.0% 44 Tunisia 2.5% 0.3% 0.8% 45 Denmark 2.4% -0.2% 20.8% 46 Iraq 2.4% -1.7% 4.2% 47 Uruguay 2.3% 0.1% 9.2% 48 Finland 2.3% 0.4% 14.6% 49 Romania 2.3% 0.1% 43.3% 50 United Kingdom 2.3% -1.8% 2.2% 51 India 2.3% 0.2% -3.6% 52 Niger 2.2% 1.9% 13.4% 53 Ecuador 2.2% -0.1% -1.9% 54 Hungary 2.2% -1.2% 5.2% 55 Mauritania 2.2% -2.6% -4.7% 56 Bulgaria 2.1% -2.0% 10.5% 57 North Macedonia 2.1% -1.0% 24.2% 58 Norway 2.1% -0.7% 15.3% 59 Belarus 2.1% 0.8% 2.5% 60 Guinea 2.1% 1.9% -3.7% 61 France 2.1% -1.5% 5.2% 62 Albania 2.0% -2.4% 17.1% 63 Slovakia 2.0% 0.0% 9.4% 64 Iran 2.0% -0.2% -14.5% 65 Togo 2.0% 3.3% -34.4% 66 Sweden 2.0% -1.0% 33.1% 67 Mozambique 2.0% 0.2% 3.4% 68 South Sudan 2.0% -6.5% -6.4% 69 Turkey 1.9% -0.9% 11.8% 70 Czechia 1.9% -0.6% 30.2% 71 Netherlands 1.9% -1.0% 33.0% 72 Germany 1.9% -1.1% 27.2% 73 Australia 1.9% -0.4% 1.2% 74 Uganda 1.9% 7.3% 4.1% 75 Georgia 1.9% -0.6% 12.4% 76 Tajikistan 1.8% 30.5% -22.9% 77 Montenegro 1.8% -2.0% 20.7% 78 Afghanistan 1.8% 0.2% 34.5% 79 Croatia 1.8% -4.4% 5.1% 80 China 1.7% -1.0% 2.8% 81 Cyprus 1.6% 0.7% -0.2% 82 Italy 1.6% -0.8% 0.2% 83 Somalia 1.6% 3.1% 23.4% 84 Chile 1.6% -1.1% -3.2% 85 Honduras 1.6% 0.5% 3.4% 86 Lesotho 1.6% 0.0% -3.6% 87 Senegal 1.6% -1.7% 6.1% 88 Gabon 1.5% 0.6% 16.3% 89 Portugal 1.5% -0.8% 4.5% 90 Cambodia 1.5% 0.7% -1.6% 91 Kosovo 1.5% 32.5% 16.0% 92 Eswatini 1.4% -0.4% 4.4% 93 Spain 1.4% -0.7% -2.7% 94 Sri Lanka 1.4% 0.3% -13.1% 95 Japan 1.4% 0.4% 20.4% 96 Bolivia 1.4% 0.2% 5.1% 97 Zambia 1.3% -2.0% -0.5% 98 Philippines 1.3% -0.5% 12.6% 99 Canada 1.3% -1.8% 4.8% 100 Fiji 1.3% 3.4% -1.6% 101 Slovenia 1.3% -1.7% -0.9% 102 Belgium 1.3% -1.5% 7.8% 103 Jamaica 1.3% 0.7% 7.4% 104 Rwanda 1.2% -0.8% -0.4% 105 Guinea-Bissau 1.2% 12.8% -11.7% 106 DR Congo 1.2% 18.8% 9.8% 107 New Zealand 1.2% -1.3% -2.2% 108 El Salvador 1.2% 0.8% -11.3% 109 Congo Republic 1.2% -2.6% -40.0% 110 Seychelles 1.2% -3.3% -20.7% 111 Tanzania 1.2% -0.4% -4.6% 112 Thailand 1.1% -1.3% -4.6% 113 Malawi 1.0% 0.6% -12.1% 114 Cameroon 1.0% -1.1% 8.9% 115 Angola 1.0% 32.5% -28.9% 116 Austria 1.0% -0.6% 14.8% 117 Kenya 1.0% 1.8% 2.5% 118 Malaysia 1.0% -1.5% 0.6% 119 Equatorial Guinea 1.0% -2.3% -35.3% 120 Nepal 1.0% 0.9% -8.6% 121 Panama 1.0% -5.2% 2.4% 122 Brazil 1.0% -1.6% -3.0% 123 Luxembourg 1.0% 0.1% 24.5% 124 Bangladesh 0.9% 0.7% 2.4% 125 Paraguay 0.9% -1.5% 1.2% 126 Sudan 0.9% -1.2% -5.2% 127 Trinidad and Tobago 0.9% 0.6% -4.0% 128 Peru 0.9% -1.6% -26.4% 129 Belize 0.9% 1.0% -9.5% 130 Mexico 0.9% 0.4% 35.3% 131 Guyana 0.9% -1.2% 35.6% 132 Dominica 0.8% -2.9% 0.4% 133 Dominican Republic 0.8% -2.9% 0.4% 134 Indonesia 0.8% -2.5% -5.1% 135 Ivory Coast 0.8% -0.8% -11.9% 136 Bosnia and Herzegovina 0.7% -7.2% 4.1% 137 Mongolia 0.7% -5.4% 36.8% 138 Benin 0.7% -0.3% -4.9% 139 Switzerland 0.7% -1.8% 1.7% 140 Liberia 0.7% -0.9% -50.1% 141 Madagascar 0.7% -1.2% 9.4% 142 South Africa 0.7% -0.5% -7.2% 143 Egypt 0.7% -3.7% -17.8% 144 Ethiopia 0.7% -1.7% -26.3% 145 Cape Verde 0.6% -3.7% 10.1% 146 Argentina 0.6% -1.4% -18.2% 147 Moldova 0.6% 0.4% 4.8% 148 Gambia 0.6% 1.3% -1.1% 149 Nigeria 0.6% -0.4% -34.1% 150 Nicaragua 0.5% -1.7% -1.7% 151 Venezuela 0.5% -2.8% -23.0% 152 Sierra Leone 0.5% -0.8% -23.3% 153 Malta 0.5% -2.6% -10.6% 154 Kazakhstan 0.4% -2.9% -2.8% 155 Ghana 0.4% -2.3% -3.5% 156 Guatemala 0.4% -1.8% -12.3% 157 Zimbabwe 0.4% -1.8% 67.4% 158 Papua New Guinea 0.3% -1.4% -8.6% 159 Ireland 0.2% -2.6% 3.8% 160 Laos 0.2% -16.6% -4.8% 161 Mauritius 0.1% 0.1% 6.5% 162 Haiti 0.1% -0.7% 26.6%