Military Spending as a Share of GDP by Country, 1990-2024
About This Dataset
Military Spending as a Share of GDP by Country, 1990-2024Measured 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.
Key Findings
Auto-computed highlights from this dataset
Military Spending as a Share of GDP by Country, 1990-2024
Data Insights
Numbers, trends & sources behind this chart
Rankings & Full Data
94 records · Military Spending (% of GDP) · ranked by 2024
Data Sources & References
All external sources cited in this dataset
Related Charts
More statistics on similar topics
World military spending barely moved through the 1990s, from 712.3 billion dollars in 1990 to 742.4 billion in 2000, whi...
The United States has spent more than the next three countries combined at every benchmark year here, rising from 325.1...
Eritrea leads with 13.3% of its entire labor force in the armed forces, meaning roughly one in eight workers is a soldie...