– These Are The World’s Top 40 Largest Military Budgets:
The Largest Military Budgets in 2022
The United States accounts for almost 40% of global military expenditures, with its 2022 spend coming to $877 billion.
Here are the top 40 largest military budgets in the world for 2022 in U.S. dollars:
| Rank | Country | Military Budget (Billions) | % of World Military Spend |
|---|---|---|---|
| 1 | U.S. | $876.9 | 39.0% |
| 2 | China | $292.0 | 13.0% |
| 3 | Russia | $86.4 | 3.9% |
| 4 | India | $81.4 | 3.6% |
| 5 | Saudi Arabia | $75.0 | 3.3% |
| 6 | UK | $68.5 | 3.1% |
| 7 | Germany | $55.8 | 2.5% |
| 8 | France | $53.6 | 2.4% |
| 9 | South Korea | $46.4 | 2.1% |
| 10 | Japan | $46.0 | 2.1% |
| 11 | Ukraine | $44.0 | 2.0% |
| 12 | Italy | $33.5 | 1.5% |
| 13 | Australia | $32.3 | 1.4% |
| 14 | Canada | $26.9 | 1.2% |
| 15 | Israel | $23.4 | 1.0% |
| 16 | Spain | $20.3 | 0.9% |
| 17 | Brazil | $20.2 | 0.9% |
| 18 | Poland | $16.6 | 0.7% |
| 19 | Netherlands | $15.6 | 0.7% |
| 20 | Qatar | $15.4 | 0.7% |
| 21 | Taiwan | $12.5 | 0.6% |
| 22 | Singapore | $11.7 | 0.5% |
| 23 | Türkiye | $10.6 | 0.5% |
| 24 | Pakistan | $10.3 | 0.5% |
| 25 | Colombia | $9.9 | 0.4% |
| 26 | Algeria | $9.1 | 0.4% |
| 27 | Indonesia | $9.0 | 0.4% |
| 28 | Mexico | $8.5 | 0.4% |
| 29 | Norway | $8.4 | 0.4% |
| 30 | Kuwait | $8.2 | 0.4% |
| 31 | Greece | $8.1 | 0.4% |
| 32 | Sweden | $7.7 | 0.3% |
| 33 | Belgium | $6.9 | 0.3% |
| 34 | Iran | $6.8 | 0.3% |
| 35 | Switzerland | $6.1 | 0.3% |
| 36 | Oman | $5.8 | 0.3% |
| 37 | Thailand | $5.7 | 0.3% |
| 38 | Chile | $5.6 | 0.2% |
| 39 | Denmark | $5.5 | 0.2% |
| 40 | Romania | $5.2 | 0.2% |
China, ranked second in absolute terms, accounts for another 13% of world military expenditure at $292 billion.
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