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 spenders in the world.
Rank | Country | Defense budget |
1. | United States | $740,500,000,000 |
2. | China | $178,200,000,000 |
3. | India | $73,650,000,000 |
4. | Germany | $57,430,000,000 |
5. | United Kingdom | $56,042,000,000 |
6. | Japan | $51,700,000,000 |
7. | Saudi Arabia | $48,500,000,000 |
8. | South Korea | $48,000,000,000 |
9. | France | $47,700,000,000 |
10. | Australia | $42,700,000,000 |
11. | Russia | $42,129,000,000 |
12. | Italy | $30,468,800,000 |
13. | Brazil | $29,300,000,000 |
14. | Canada | $23,400,000,000 |
15. | United Arab Emirates | $23,195,200,000 |
16. | Turkey | $17,300,000,000 |
17. | Israel | $16,600,000,000 |
18. | Uzbekistan | $15,000,000,000 |
19. | Netherlands | $14,542,000,000 |
20. | Iran | $14,100,000,000 |
