Countries by Military Spending 2024

About This Dataset

The world's largest military spenders in 2024, in US dollars, according to SIPRI. Global military expenditure reached a record $2,718 billion in 2024, the steepest year-on-year rise since the end of the Cold War.

✨ AI Insight

The United States dominates this ranking at $997 billion, spending more than the next nine countries combined and over three times as much as second-placed China ($314 billion). Russia is third at $149 billion. A steep gap separates the top three from the rest: Germany ($88.5B), India ($86.1B), the UK ($81.8B) and Saudi Arabia ($80.3B) cluster closely together. Ukraine ($64.7B) and France ($64.7B) are tied, reflecting Ukraine's wartime mobilisation lifting it into the top eight despite its far smaller economy. The top five spenders alone account for roughly 60% of the world total, underscoring how concentrated global military power is among a handful of states.

Source: SIPRI (Stockholm International Peace Research Institute)

Key Findings

Auto-computed highlights from this dataset

🏆

United States leads with 997 in All Time.

📊

Average value in All Time: 198 · median: 84.

↔️

Gap in All Time: United States is 18× larger than Japan.