Which country spends the most for it's military budget?
Meet worlds top 10 most richest countries by military expenditures:
- United States 682.478 $ bln
- China 166.107 $ bln
- Russia 90.749 $ bln
- United Kingdom 61.007 $ bln
- Japan 59.267 $ bln
- France 58.943 $ bln
- Saudi Arabia 56.724 $ bln
- India 45.785 $ bln
- Germany 43.478 $ bln
- Italy 34.004 $ bln
As we can see from chart above, United States spends the most, but let's see which country has highest GDP nominal per capita for it's military expenditures:
- United States 2.174 $ thousands
- Saudi Arabia 2.005 $ thousands
- United Kingdom 0.964 $ thousands
- France 0.89 $ thousands
- Russia 0.632 $ thousands
- Italy 0.558 $ thousands
- Germany 0.53 $ thousands
- Japan 0.464 $ thousands
- China 0.122 $ thousands
- India 0.037 $ thousands
Again the US wins, with Saudi Arabia 2nd. Interesting is to see China and India in last 9th and 10th places. Imagine China and India increases their military expenditure on half? Which is quite realistic, because by 2012, US spent 4.7% GDP to it's military, while China 2.1% and India 2.5%.
I doubt that Russia, could possibly increase it's % of military expenses, but I believe it will stay the same in next 5-10 years, and I believe in close future Russia will reach $1000 GDP per capita (military expenses)
- Saudi Arabia 8.9%
- United States 4.7%
- Russia 4.4%
- United Kingdom 2.5%
- India 2.5%
- France 2.3%
- China 2.1%
- Italy 1.7%
- Germany 1.4%
- Japan 1%
Most eager countries on spending their money on military: Saudi Arabia 8.9%, United States 4.7% and Russia 4.4%.
From top 10 - 5 are NATO countries (US, UK, France, Italy, Germany), 2 are close allies to US (Saudi Arabia, Japan). It doesn't look that there can be change of Status QUO in close future, but to watch those 3 we should. Russia, China and India are partners in BRICS.