Military Spending as a Share of GDP by Country

Source:  World Bank Open Data (SIPRI)

Military Spending as a Share of GDP by Country

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Key Findings

🏆
Ukraine leads in Military Spending (% of GDP) with 34.48 in 2024.
📈
Ukraine grew fastest: +1,163% from 1995 to 2024 (2.73 → 34.48).
📉
Saudi Arabia declined most: -47.9% from 1990 to 2024 (14.02 → 7.30).
📊
Average Military Spending (% of GDP) in 2024: 6.26  ·  median: 2.42.
📅
2024 recorded the highest combined total across all categories.
↔️
Gap in 2024: Ukraine is 25.2× larger than Japan.

About This Dataset

Military Spending as a Share of GDP by Country
Military expenditure as a percentage of GDP for twelve countries at benchmark years from 1990 to 2024, from World Bank Open Data, which publishes the SIPRI series. Russia and Ukraine have no 1990 entry in this series.
Analysis

Measured against the size of the economy rather than in dollars, the ranking turns over completely. Ukraine is at 34.48 percent of GDP in 2024, roughly ten times the United States figure of 3.42 and the highest reading anywhere in this chart by a wide margin. Russia is at 7.05 percent, its own peak here, having sat between 3.31 and 4.87 for the previous quarter century. The long trend for most of the others is downward: the United States fell from 5.61 percent in 1990 to 3.42 in 2024, the United Kingdom from 3.98 to 2.28, South Korea from 4.00 to 2.56 and Saudi Arabia from 14.02 to 7.30. Germany is the clearest reversal, bottoming at 1.12 percent in 2015 and rising to 1.89 by 2024, and Japan, held near 1 percent for the whole period by policy, reaches its series high of 1.37 percent in the final year. China is the surprise of the chart: despite spending 32 times more dollars than in 1990, its share of GDP fell from 2.45 percent to 1.71.

Data Insights

Numbers, trends & sources behind this chart

Admin
⬡
Data Points
94
12 categories  ·  8 years
↑
Top Value
34.48
Ukraine
Military Spending (% of GDP) · 2024
◈
Metrics
1
Military Spending (% of GDP)
◷
Period
1990 – 2024
8 years of data

Methodology & source

Data source
World Bank Open Data (SIPRI)
Coverage
12 entities · 1990–2024 (8 years) · 94 observations
Measure
Military Spending (% of GDP)
Last updated
23 August 2026
Compiled by
The ANYSTAT team, from the source above
How the figures are calculated
  • Values are shown as reported by the source. Nothing is rescaled, rebased or converted — the only changes are thousand separators and decimals shown to two places.
  • Missing years are left empty rather than estimated — no interpolation, no carrying a previous year forward.
  • Change is measured between the first and last year in which an entity actually reported a value, so a series that starts late is not penalised for the years before it existed.
  • The compound annual rate is (last ÷ first)^(1 ÷ years) − 1, using those same two reported years.
  • Entities are ranked highest-first on their value in 2024.
  • An entity that reported nothing in the latest year is still listed — it follows the ranked entities in the table rather than being dropped.

Rankings & Full Data

94 records · Military Spending (% of GDP) · ranked by 2024

✓ 94 sourced
# Category 1990 1995 2000 2005 2010 2015 2020 2024 Change CAGR / yr Source
🥇 Ukraine — 2.73 3.51 2.79 2.74 3.85 4.40 34.48 +1,163% +9.1%
🥈 Israel 12.36 7.53 6.10 6.05 5.79 5.42 5.28 8.78 -29% -1%
🥉 Saudi Arabia 14.02 9.28 10.53 7.73 8.57 13.02 8.79 7.30 -47.9% -1.9%
4 Russia — 3.78 3.31 3.33 3.59 4.87 4.14 7.05 +86.5% +2.2%
5 United States 5.61 3.86 3.11 4.09 4.90 3.46 3.65 3.42 -39% -1.4%
6 South Korea 4 2.89 2.31 2.28 2.36 2.38 2.64 2.56 -36% -1.3%
7 United Kingdom 3.98 2.85 2.37 2.42 2.57 2.05 2.16 2.28 -42.7% -1.6%
8 India 3.15 2.58 2.95 2.91 2.89 2.46 2.80 2.27 -27.9% -1%
9 France 2.84 2.52 2.09 2.03 1.97 1.87 2.02 2.05 -27.8% -1%
10 Germany 2.51 1.49 1.34 1.23 1.24 1.12 1.36 1.89 -24.7% -0.8%
11 China 2.45 1.69 1.84 1.87 1.73 1.78 1.76 1.71 -30.2% -1.1%
12 Japan 0.94 0.90 0.92 0.92 0.95 0.95 1.02 1.37 +45.7% +1.1%

Data Sources & References

All external sources cited in this dataset

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