Global military spending on the rise

Military spending rose to $1.73 trillion in 2017, an increase of 1.1 percent on 2016 and the highest level since the Cold War


TOP SPENDERS (2017, $bn)
World share (%)

UNITED STATES
$610 billion
World share: 35%
U.S. spent more than next seven highest spenders combined.
Military budget for 2018 set to increase to $700bn

CHINA*
$228 billion
World share: 13%
China’s 13 percent of world share up from 5.8% in 2008

SAUDI ARABIA*
69.4 
4.0
Saudi Arabia has overtaken Russia, where military spending fell by 20% in 2017, first cut in real terms since 1998

RUSSIA
66.3 
3.8

INDIA
63.9 
3.7
India’s defence spending rose by 5.5% in 2017, passing France to join world’s top five military spenders

FRANCE
57.8 
3.3

UK
47.2 
2.7

JAPAN
45.4 
2.6

GERMANY
44.3 
2.5

S. KOREA
39.2 
2.3

BRAZIL 
29.3 
1.7

ITALY 
29.2 
1.7

AUSTRALIA 
27.5 
1.6 

CANADA 
20.6 
1.2

TURKEY
18.2 
1.0

*SIPRI estimate


Source: Stockholm International Peace Research Institute 
Picture: Getty Images
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