Countries with the Biggest Military Budgets 2023
About This Dataset
Countries with the Biggest Military Budgets 2023United States (916.0), China (296.8) and Russia (109.2) take the top three. Across the twenty shown, values run from 916.0 down to 18.3, a spread of 897.7. Most of that spread sits between first and second alone (619.2 of 897.7), so United States stands apart from the rest of the table. No other country in the table reaches half the leading figure of 916.0. United States stood at 860.7 in 2022, so its figure rose by 55.3 over the year. United States also came first in 2022. Of the 20 in this table that also reported in 2022, 19 recorded a higher figure than the year before and 0 a lower one. The largest single move was United States, from 860.7 to 916.0. The chart shows the twenty highest of 153 reporting countries, so it describes the top of the distribution rather than the world average.
Key Findings
Data Insights
Numbers, trends & sources behind this chart
Methodology & source
- Data source
- World Bank
- Coverage
- 20 entities · 2023 · 20 observations
- Measure
- Military Spending (USD Billion)
- Last updated
- 7 September 2026
- Compiled by
- The ANYSTAT team, from the source above
- 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.
- Entities are ranked highest-first on their value in 2023.
Data Sources & References
All external sources cited in this dataset
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