How Much Does The Us Spend On Military Compared To Other Countries

Military activities are funded by federal appropriations to the Department of Defense.

How much does the us spend on military compared to other countries. US military spending grew by 53 in 2019 to a total of 732 billion 38 of global military spending. The USs increase in 2019 was equivalent to all of Germanys military expenditure that year. 609758 million China 228231 million Saudi Arabia 69413 million Russia 66335 million followed by India France UK Japan Germany and South Korea. Its also worth noting the breakdown between economic and military spending in these countries.

World military spending totaled more than 16 trillion in 2015. Of the nearly 165 billion foreign aid dollars given to the top 10 countries 57 of it 93 billion was designated as military funds. The second list presents this as a share of the general government expenditure. Military spendingdefense budget for 2018 was 68249B a 553 increase from 2017.

What are Overseas Contingency Operations. Of course every individual country decides to spend different amounts of their annual earnings on military. In 2012 according to the Office of Management and Budget was more than the combined military spending of China Russia the United Kingdom Japan France Saudi. Click below to enlarge charted by Statista.

During last nights debate in an exchange between Senators Rand Paul and Marco Rubio on defense spending Paul claimed that we spend more on our military than the next ten countries combined This statement was true as recently as 2012 so Pauls data is a little out of date but the current numbers still come close to supporting his point. Military spendingdefense budget for 2016 was 63986B a 095 increase. That is why it is crucial to not only indicate the amount of funds particular nation is willing to spend on military but. The database reported that in 2019 the United States spent 732 billion on national defense which was more than the next 10 countries combined.

In 2019 United States military expenditure amounted to 34 percent of US gross domestic product GDP placing the US. Lower in national military expenditure as a percentage of GDP to Russia. The first list is sourced from the Stockholm International Peace Research. Find a country of interest and see for yourself.

2014 spending was about 38 trillion making foreign aid 09 percent of federal spending and foreign military aid plus the military training aid 016 percent. While the current US. Thats over 65 of overall US foreign military aid 1408 billion in 2019. Defense spending increased substantially from 2018 to 2019 relative to other countries.

To ensure an accurate comparison 2018 spending data is used in this section not current fiscal year. The 682 billion spent by the US. Accounted for 37 percent of the total. Military expenditure amounted to 611 billion in 2016 the most recent year data is available.

You can compare spending in dollars and spending as a percent of gross domestic product. Military spendingdefense budget for 2019 was 73175B a 722 increase from 2018. Military expenditures are roughly the size of the next seven largest military budgets around the world combined. Military spending was higher than public healthcare expenditure in the Middle East Eastern Europe North Africa and Central and South Asia in 2013.

Military spendingdefense budget for 2017 was 64675B a 108 increase from 2016. The military budget is one of the basic and the most reliable way of verifying countrys potential in terms of army navy air force and other military elements. That equates to 33. But spending is on the decline down 4 between 2010 to 2014 even as education spending on average rose 5 per student across the 35 countries in the OECD.

Military budget exceeds Chinas military spending by 3-to-1 and Russias by more than 10-to-1 we must look beyond the size of the defense budget alone. According to the Stockholm International Peace Research Institute Sipri US. This first list is a list of countries by military expenditure share of GDPmore specifically a list of the top 15 countries by percentage share in recent yearsthe amount spent by a nation on its military as a share of its GDP. Outpaces all other nations in military expenditures.