The military is considered to be a very important and vital part of a country and its security. Each country takes different special initiatives in a bid to strengthen itself militarily, including pumping a lot of resources to their defense mechanisms. Every year, countries allocate a huge budget fighting battles and protecting their territories. These being funds allotted by governments to cover various aspects of a standing fighting force – namely procurement, maintenance/support, and pensions.
Here are the top 20 highest military spending countries in the world.
Rank | Country | Defense budget |
1. | United States | $831.78 billion |
2. | China | $227 billion |
3. | Russia | $109 billion |
4. | India | $74 billion |
5. | Saudi Arabia | $71.72 billion |
6. | United Kingdom | $62.82 billion |
7. | Germany | $55.94 billion |
8. | Japan | $53 billion |
9. | Australia | $52.56 billion |
10. | France | $49.73 billion |
11. | South Korea | $44.70 billion |
12. | Ukraine | $42 billion |
13. | Turkey | $40 billion |
14. | Poland | $38.36 billion |
15. | Italy | $31.60 billion |
16. | Canada | $26.50 billion |
17. | Indonesia | $25 billion |
18. | Brazil | $24.75 billion |
19. | Israel | $24.40 billion |
20. | Venezuela | $24.12 billion |