This is a list of countries with highest military expenditures.
The list is based on the Stockholm International Peace Research Institute (SIPRI) fact sheet, which includes a list of the world's top 45 military spenders as of 2025, based on current market exchange rates.
40 countries with the highest military spending worldwide in 2025 SIPRI Military Expenditure Database | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years.
The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies.
List by the Stockholm International Peace Research Institute SIPRI Military Expenditure Database (2023) [1] | List by the International Institute for Strategic Studies Top 15 Defence Budgets 2020 [2] | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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* Italic values are SIPRI estimates. |