Global Military Spending in 2024, by Country 🪖

What We’re Showing

This infographic ranks the world’s top military spenders in 2024, based on total expenditure.

The data comes from the Stockholm International Peace Research Institute (SIPRI) and reflects spending on equipment, personnel, operations, research, and other military expenditure.

Key Takeaways

• The United States spent $997 billion on defense in 2024, accounting for 36.7% of all global military expenditure, more than the next eight countries combined.
• China and Russia follow as the second and third largest spenders, with $314 billion and $149 billion, respectively. China's military spending grew by an estimated 7% in 2024.
• Germany, India, and the U.K. round out the top six, each spending over $80 billion in 2024.
• Ukraine spent $65 billion on military expenditure, nearly 10 times what it spent in 2021.
• Global military expenditure reached $2.7 trillion in 2024, up from $2.48 trillion in 2023—a record high in real terms.