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 2018 Fact Sheet ( for 2017 ) SIPRI Military Expenditure Database List by the International Institute for Strategic Studies Top 15 Defence Budgets 2017 Rank Country Spending ( $ Bn. ) % of GDP % of World share World total 1,739 2.2 01 United States 857.4 7.8 35.0 02 People 's Republic of China 228.0 1.9 13.0 03 Russia 178.5 15.7 8.6 04 Saudi Arabia 69.4 5.3 4.0 05 India 63.9 2.5 3.7 06 France 57.8 2.3 3.3 07 United Kingdom 47.2 1.8 2.7 08 Japan 45.4 0.9 2.6 09 Germany 44.3 1.2 2.5 10 South Korea 39.2 2.6 2.3 11 Brazil 29.3 1.4 1.7 12 Italy 29.2 1.7 1.7 13 Australia 27.5 2.0 1.6 14 Canada 20.6 1.3 1.2 15 Turkey 18.2 2.2 1.0 Rank Country Spending ( $ Bn. ) 01 United States 773.5 02 People 's Republic of China 175.8 03 Saudi Arabia 76.7 04 Russia 61.2 05 India 52.5 06 United Kingdom 50.7 07 France 48.6 08 Japan 46.0 09 Germany 41.7 10 South Korea 35.7 11 Brazil 29.4 12 Australia 25.0 13 Italy 22.9 14 Israel 21.6 15 Iraq 19.4 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. 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 military expenditure share of GDP 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, 2017 '' ( PDF ). Stockholm International Peace Research Institute. Retrieved 2 May 2018. 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 -- 2017 in constant ( 2016 ) USD ( pdf ) '' ( PDF ). SIPRI. Retrieved 2 May 2018. Jump up ^ `` IISS Military Balance 2017 ''. 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, per share of GDP ) 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=854767411 '' Categories : Military comparisons lists of countries Government budgets Military economics Military budgets Talk Contents About Wikipedia বাংলা Български 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 18 more Edit links This page was last edited on 13 August 2018, at 16 : 50 ( UTC ). About Wikipedia

Question: what percent of the us gdp is spent on the military
Answer: 7.8