Biggest military budgets. The united states has unquestionably been the most formidable military power in recent years. This article is a list of countries by military expenditure in a given yearmilitary expenditure figures are presented in united states dollars based on either constant or current exchange rates. The military budget is the portion of the discretionary united states federal budget allocated to the department of defense or more broadly the portion of the budget that goes to any military related expendituresthe military budget pays the salaries training and health care of uniformed and civilian personnel maintains arms equipment and facilities funds operations and develops and.
Outpaces all other nations in military expenditures. The uae is mostly thought of as an economic power dubai is a center of world finance and the uae has oil and gas deposits along with some of the busiest ports in the middle east. Its spending levels as noted earlier is the principle determinant of world military spending and is therefore worth looking at further.
Army personnel to pre world war ii levels american military might is beyond question. No country worldwide comes close to matching the united states in military expenditure. Economy as measured by gross domestic product or gdpits also about 12000 for every woman man and child in the united states.
World military spending totaled more than 16 trillion in 2015. This chart from april 2013 which is making the rounds again shows that. While global tensions increase with an increasingly.
In 2014 us military spending reached 571 billion a huge distance ahead of second placed chinas 1294. These results can vary greatly from one year to another based on fluctuations in the exchange rates of each countrys currency. On tuesday the international institute for strategic studies released its military balance 2016 report which seeks to examine closely the changing nature of military power.
Despite a proposed slashing of us. The united states military spending has dominated the world for years but recent figures show that other nations are beginning to catch up.