This article is a list of countries by military expenditure, the amount spent by a nation on its military in a given year. Military expenditure figures are presented in US$ based on either constant or current exchange rates. These results can vary greatly from one year to another based on fluctuations in the exchange rates of each country's currency. Such fluctuations may change a country's ranking from one year to the next.
The first list is based on the 2015 edition of "The Military Balance" published by the International Institute for Strategic Studies (IISS) using average market exchange rates. The second list is based on the Stockholm International Peace Research Institute (SIPRI) 2015 Fact Sheet which includes a list on the world's top 15 military spenders in 2014, based on current market exchange rates.
List
2045
A United Kingdom academic report from the Ministry of Defence outlines projected defence expenditure of major powers for the year 2045.
Notes
- ^ a b c d SIPRI estimate.
- ^ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated.
See also
- Military budget
- List of countries by past and projected military expenditure (current US$)
- List of countries by past and projected military expenditure (constant US$)
- List of countries by military expenditure per capita
- Military budget of the United States
- List of countries by Global Militarization Index
- Military budget of the People's Republic of China
- Military budget of the Russian Federation
- Arms industry
References
External links
- SIPRI military expenditure database (sipri.org)