Military Budget - SIPRI Yearbook 2012 - World's Top 15 Military Spenders

World's Top 15 Military Spenders

Currently, the world's five largest military spenders (the United States, China, Russia, the United Kingdom and France) are recognized to be world powers with each being a veto-wielding permanent member of the United Nations Security Council. This was established after the end of WW2 (ref needed).

The world's top 7 military spenders in 2011.
Figures sourced from the SIPRI Yearbook 2012.
Rank Country Spending ($ Bn.) % of GDP World Share (%) Spending ($ Bn. PPP)
— World Total 1,735 2.5 100 1562.3
1 United States 711.0 4.7 41 711
2 Chinay 143.0 2.0 8.2 228
3 Russiay 71.9 3.9 4.1 93.7
4 United Kingdom 62.7 2.6 3.6 57.5
5 France 62.5 2.3 3.6 50.1
6 Japan 59.3 1.0 3.4 44.7
7 India 48.9 2.6 3.0 112
8 Saudi Arabiaz 48.2 10.4 2.8 58.8
9 Germanyy 46.7 1.3 2.7 40.4
10 Brazil 35.4 1.5 2.0 33.8
11 Italyy 34.5 1.6 2.0 28.5
12 South Korea 30.8 2.7 1.8 42.1
13 Australia 26.7 1.8 1.5 16.6
14 Canaday 24.7 1.4 1.4 19.9
15 Turkeyy 17.9 2.3 1.0 25.2
^ SIPRI estimate
^ The figures for Saudi Arabia include expenditure for public order and safety and might be slight overestimates.

Read more about this topic:  Military Budget, SIPRI Yearbook 2012

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