List of countries by Military expenditures - wikipedia List of countries by Military expenditures Countries by military expenditures ( % of their GDP ) in 2014, based on data from the World Bank Countries by military expenditures ( absolute ) in 2014, based on data from the World Bank This article is a list of countries by military expenditure in a given year. Military expenditure figures are presented in United States dollars based on either constant or current exchange rates. These results can vary greatly from one year to another based on fluctuations in the exchange rates of each country 's currency. Such fluctuations may change a country 's ranking from one year to the next. The first list is based on the Stockholm International Peace Research Institute ( SIPRI ) 2017 Fact Sheet, which includes a list on the world 's top 15 military spenders in 2016, based on current market exchange rates. The second list is based on the 2016 edition of `` The Military Balance '' published by the International Institute for Strategic Studies ( IISS ) using average market exchange rates. Contents 1 List 2 Notes 3 See also 4 References 5 External links List List by the Stockholm International Peace Research Institute 2017 Fact Sheet ( for 2016 ) SIPRI Military Expenditure Database List by the International Institute for Strategic Studies Top 15 Defence Budgets 2015 Rank Country Spending ( $ Bn. ) % of GDP World total 1,686 01 United States 611.2 3.3 02 China 215.7 1.9 03 Russia 69.2 5.3 04 Saudi Arabia 63.7 10 05 India 55.9 2.5 06 France 55.7 2.3 07 United Kingdom 48.3 1.9 08 Japan 46.1 1.0 09 Germany 41.1 1.2 10 South Korea 36.8 2.7 11 Italy 27.9 1.5 12 Australia 24.3 2.0 13 Brazil 22.8 1.3 14 United Arab Emirates 22.8 5.7 15 Israel 17.8 5.8 16 Canada 15.5 1.0 17 Spain 14.9 1.2 18 Turkey 14.9 2.0 19 Iran 12.3 3.0 20 Algeria 10.6 6.7 21 Singapore 9.9 3.4 22 Taiwan 9.9 1.9 23 Pakistan 9.9 3.4 24 Colombia 9.9 3.4 25 Poland 9.7 2.0 26 Netherlands 9.2 1.2 27 Oman 9.0 16.7 28 Indonesia 7.7 0.9 29 Mexico 6.8 0.6 30 Kuwait 6.3 6.5 Rank Country Spending ( $ Bn. ) 01 United States 597.5 02 China 145.8 03 Saudi Arabia 81.9 04 Russia 65.6 05 United Kingdom 56.2 06 India 48.0 07 France 46.8 08 Japan 41.0 09 Germany 36.7 10 South Korea 33.5 11 Brazil 24.3 12 Australia 22.8 13 Italy 21.6 14 Iraq 21.1 15 Israel 18.6 Notes ^ Jump up to : SIPRI estimate. Jump up ^ The figures for Saudi Arabia include expenditure for public order and safety and might be slightly overestimated. Jump up ^ Data from 2014. See also Wikinews has related news : Global annual military spending tops $1.2 trillion Arms industry Military budget List of countries by past military expenditure List of countries by military expenditure per capita List of countries by Global Militarization Index Military budget of the United States Military budget of the People 's Republic of China Military budget of the Russian Federation References ^ Jump up to : `` Trends in World Military Expenditure, 2016 '' ( PDF ). Stockholm International Peace Research Institute. Retrieved 24 April 2017. Jump up ^ International Institute for Strategic Studies ( 11 February 2015 ). The Military Balance 2015. London : Routledge. ISBN 1857437667. Jump up ^ `` Data for all countries from 1988 -- 2016 in constant ( 2015 ) USD ( pdf ) '' ( PDF ). SIPRI. Retrieved 24 April 2017. Jump up ^ `` Top 15 Defence Budgets 2015 ''. International Institute for Strategic Studies. Retrieved 12 July 2016. External links SIPRI military expenditure database ( sipri.org ) Lists of countries by military rankings Strength Military and paramilitary personnel Military equipment Aircraft carriers Nuclear weapons Finance Arms exports Arms imports Military budget ( per capita ) Militarization index Peacekeeping Global Peace Index Global Terrorism Index UN peacekeepers List of international rankings List of top international rankings by country Lists by country Retrieved from `` https://en.wikipedia.org/w/index.php?title=List_of_countries_by_military_expenditures&oldid=815204502 '' Categories : Military comparisons lists of countries Government finances Military economics Military budgets Talk Contents About Wikipedia বাংলা Español فارسی Français 한국어 Հայերեն हिन्दी Bahasa Indonesia Italiano Bahasa Melayu Монгол Nederlands پنجابی Polski Português Română Русский Suomi தமிழ் తెలుగు Türkçe Українська اردو Tiếng Việt 中文 Edit links This page was last edited on 13 December 2017, at 11 : 45. About Wikipedia

Question: who spends the most money on their military in the world
Answer: United States