22h ago
Ranked: Top 15 Countries by Military Spending in 2025
Key Takeaways
- The U.S. military budget ($962 billion) remains the largest in the world, nearly 4x second-place China ($246 billion) in 2025.
- For context, it is larger than Switzerland’s entire GDP ($947 billion), the 21st largest economy in 2025.
- Military expenditure is up YoY in all regions, rising particularly fast in Europe and the Middle East due to ongoing conflicts
❗Data Footnotes
- Figures rounded and in current USD.
- *Russia’s figure is from 2024.
- All other figures are officially announced, drafts, projections, or stated claims for the year and may change as budgets are passed.