| 3rd | Top international rankings |
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The top 15 countries with the highest military expenditure for 2008 by Stockholm International Peace Research Institute using market exchange rates.[1]
| Rank | Country | Spending ($ b.) | World Share (%) |
| — | World Total | 1464.0 | 100 |
| 1 | 607.0 | 41.5 | |
| 2 | 84.9 | 5.8 | |
| 3 | 65.7 | 4.5 | |
| 4 | 65.3 | 4.5 | |
| 5 | 58.6 | 4.0 | |
| 6 | 46.8 | 3.2 | |
| 7 | 46.3 | 3.2 | |
| 8 | 40.6 | 2.8 | |
| 9 | 38.2 | 2.6 | |
| 10 | 30.0 | 2.1 | |
| 11 | 24.2 | 1.7 | |
| 12 | 23.3 | 1.6 | |
| 13 | 19.3 | 1.3 | |
| 14 | 19.2 | 1.3 | |
| 15 | 18.4 | 1.3 |
Below is a list of countries ranked by order of military expenditure as a percentage of GDP. This statistic reflects the importance of military buildup and army modernization for all countries. It also indicated how much priority each country places in military expenditure.
The greater a country spends on its military as a percentage of its GDP, the less money it will have to spend on other crucial aspects such as infrastructure and education, and the more likely it will come under scrutiny from other countries.[2]
The trend is that developing countries, especially Middle Eastern countries with emerging markets due to their oil wealth, and countries in proximity of conflict zones seem to be spending the most as a percentage of their GDP to modernize their military and to try to catch up with Western countries, which spend less as a result of having built a strong modernized military over the past few decades.
The source of this table is the World Fact Book 2008, published by the Central Intelligence Agency, available at https://www.cia.gov/library/publications/the-world-factbook/rankorder/2034rank.html. Countries for which no information is available are not included in this list.
| Rank | Country | Military expenditures as % of GDP | Date of information | |
|---|---|---|---|---|
| 1 | Oman | 11.4 | 2005 est. | |
| 2 | Qatar | 10 | 2005 est. | |
| 3 | Saudi Arabia | 10 | 2005 est. | |
| 4 | Iraq | 8.6 | 2006 | |
| 5 | Jordan | 8.6 | 2006 | |
| 6 | Israel | 7.3 | 2006 | |
| 7 | Yemen | 6.6 | 2006 | |
| 8 | Armenia | 6.5 | FY01 | |
| 9 | Eritrea | 6.3 | 2006 est. | |
| 10 | Macedonia | 6 | 2005 est. | |
| 11 | Burundi | 5.9 | 2006 est. | |
| 12 | Syria | 5.9 | 2005 est. | |
| 13 | Angola | 5.7 | 2006 | |
| 14 | Mauritania | 5.5 | 2006 | |
| 15 | Maldives | 5.5 | 2005 est. | |
| 16 | Kuwait | 5.3 | 2006 | |
| 17 | Turkey | 5.3 | 2005 est. | |
| 18 | El Salvador | 5 | 2006 | |
| 19 | Morocco | 5 | 2003 est. | |
| 20 | Singapore | 4.9 | 2005 est. | |
| 21 | Swaziland | 4.7 | 2006 | |
| 22 | Bahrain | 4.5 | 2006 | |
| 23 | Bosnia and Herzegovina | 4.5 | 2005 est. | |
| 24 | Brunei | 4.5 | 2006 | |
| 25 | Greece | 4.3 | 2005 est. | |
| 26 | Chad | 4.2 | 2006 | |
| 27 | United States | 4.06 | 2005 est. | |
| 28 | Libya | 3.9 | 2005 est. | |
| 29 | Russian Federation | 3.9 | 2005 | |
| 30 | Tajikistan | 3.9 | 2005 est. | |
| 31 | Cuba | 3.8 | 2006 est. | |
| 32 | Djibouti | 3.8 | 2006 | |
| 33 | Cyprus | 3.8 | 2005 est. | |
| 34 | Zimbabwe | 3.8 | 2006 | |
| 35 | Namibia | 3.7 | 2006 | |
| 36 | Colombia | 3.5 | 2007 est. | |
| 37 | Ecuador | 3.4 | 2008 est. | |
| 38 | Gabon | 3.4 | 2005 est. | |
| 39 | Egypt | 3.4 | 2005 est. | |
| 40 | Turkmenistan | 3.4 | 2005 est. | |
| 41 | Algeria | 3.3 | 2006 | |
| 42 | Botswana | 3.3 | 2006 | |
| 43 | United Arab Emirates | 3.1 | 2005 est. | |
| 44 | Guinea-Bissau | 3.1 | 2005 est. | |
| 45 | Lebanon | 3.1 | 2005 est. | |
| 46 | Congo, Republic of the | 3.1 | 2006 | |
| 47 | Solomon Islands | 3 | 2006 | |
| 48 | Cambodia | 3 | 2005 est. | |
| 49 | Ethiopia | 3 | 2006 | |
| 50 | Indonesia | 3 | 2005 est. | |
| 51 | Sudan | 3 | 2005 est. | |
| 52 | Pakistan | 3 | 2007 est. | |
| 53 | Rwanda | 2.9 | 2006 est. | |
| 54 | Comoros | 2.8 | 2006 | |
| 55 | Kenya | 2.8 | 2006 | |
| 56 | Chile | 2.7 | 2006 | |
| 57 | Korea, South | 2.7 | 2006 | |
| 58 | Azerbaijan | 2.6 | 2005 est. | |
| 59 | Lesotho | 2.6 | 2006 | |
| 60 | France | 2.6 | 2005 est. | |
| 61 | Brazil | 2.6 | 2006 est. | |
| 62 | Sri Lanka | 2.6 | 2006 | |
| 63 | Bulgaria | 2.6 | 2005 est. | |
| 64 | Iran | 2.5 | 2006 | |
| 65 | Congo, Democratic Republic of the | 2.5 | 2006 | |
| 66 | India | 2.5 | 2006 | |
| 67 | Vietnam | 2.5 | 2005 est. | |
| 68 | Australia | 2.4 | 2006 | |
| 69 | United Kingdom | 2.4 | 2005 est. | |
| 70 | Croatia | 2.39 | 2005 est. | |
| 71 | Portugal | 2.3 | 2005 est. | |
| 72 | Sierra Leone | 2.3 | 2006 | |
| 73 | Fiji | 2.2 | 2005 est. | |
| 74 | Republic of China (Taiwan) | 2.2 | ||
| 75 | Uganda | 2.2 | 2006 | |
| 76 | Burma | 2.1 | 2005 est. | |
| 77 | Malaysia | 2.03 | 2005 est. | |
| 78 | Estonia | 2 | 2005 est. | |
| 79 | World | 2 | 2005 est. | |
| 80 | Uzbekistan | 2 | 2005 est. | |
| 81 | Seychelles | 2 | 2006 est. | |
| 82 | Finland | 2 | 2005 est. | |
| 83 | Afghanistan | 1.9 | 2006 est. | |
| 84 | Romania | 1.9 | 2007 est. | |
| 85 | Norway | 1.9 | 2005 est. | |
| 86 | Mali | 1.9 | 2006 | |
| 87 | Bolivia | 1.9 | 2006 | |
| 88 | Slovakia | 1.87 | 2005 est. | |
| 89 | Guyana | 1.8 | 2006 | |
| 90 | Thailand | 1.8 | 2005 est. | |
| 91 | Zambia | 1.8 | 2005 est. | |
| 92 | Italy | 1.8 | 2005 est. | |
| 93 | Hungary | 1.75 | 2005 est. | |
| 94 | Poland | 1.71 | 2005 est. | |
| 95 | People's Republic of China | 1.7 | 2009 | |
| 96 | Benin | 1.7 | 2006 | |
| 97 | Guinea | 1.7 | 2006 | |
| 98 | South Africa | 1.7 | 2006 | |
| 99 | Slovenia | 1.7 | 2005 est. | |
| 100 | Côte d'Ivoire | 1.6 | 2005 est | |
| 101 | Netherlands | 1.6 | 2005 est. | |
| 102 | Togo | 1.6 | 2005 est. | |
| 103 | Uruguay | 1.6 | 2006 | |
| 104 | Nepal | 1.6 | 2006 | |
| 105 | Bangladesh | 1.5 | 2006 | |
| 106 | Sweden | 1.5 | 2005 est. | |
| 107 | Peru | 1.5 | 2006 | |
| 108 | Nigeria | 1.5 | 2006 | |
| 109 | Denmark | 1.5 | ||
| 110 | Germany | 1.5 | 2005 est. | |
| 111 | Albania | 1.49 | 2005 est. | |
| 112 | Czech Republic | 1.46 | 2007 est. | |
| 113 | Belize | 1.4 | 2006 | |
| 114 | Ukraine | 1.4 | 2005 est. | |
| 115 | Belarus | 1.4 | 2005 est. | |
| 116 | Kyrgyzstan | 1.4 | 2005 est. | |
| 117 | Papua New Guinea | 1.4 | 2005 est. | |
| 118 | Tunisia | 1.4 | 2006 | |
| 119 | Senegal | 1.4 | 2005 est. | |
| 120 | Mongolia | 1.4 | 2006 | |
| 121 | Cameroon | 1.3 | 2006 | |
| 122 | Niger | 1.3 | 2006 | |
| 123 | Malawi | 1.3 | 2006 | |
| 124 | Liberia | 1.3 | 2006 est. | |
| 125 | Belgium | 1.3 | 2005 est. | |
| 126 | Latvia | 1.2 | 2005 est. | |
| 127 | Burkina Faso | 1.2 | 2006 | |
| 128 | Venezuela | 1.2 | 2005 est. | |
| 129 | Spain | 1.2 | 2005 est. | |
| 130 | Lithuania | 1.2 | ||
| 131 | Canada | 1.1 | 2005 est. | |
| 132 | Central African Republic | 1.1 | 2006 est. | |
| 133 | Bhutan | 1 | 2005 est. | |
| 134 | Madagascar | 1 | 2006 | |
| 135 | Switzerland | 1 | 2005 est. | |
| 136 | Panama | 1 | 2006 | |
| 137 | Paraguay | 1 | 2006 est. | |
| 138 | New Zealand | 1 | 2005 est. | |
| 139 | Austria | 0.9 | 2005 est. | |
| 140 | Kazakhstan | 0.9 | FY02 | |
| 141 | Luxembourg | 0.9 | 2005 est. | |
| 142 | Tonga | 0.9 | 2006 est. | |
| 143 | Somalia | 0.9 | 2005 est. | |
| 144 | Philippines | 0.9 | 2005 est. | |
| 145 | Ireland | 0.9 | 2005 est. | |
| 146 | Argentina | 0.8 | 2009 est. | |
| 147 | Dominican Republic | 0.8 | 2006 | |
| 148 | São Tomé and Príncipe | 0.8 | 2006 | |
| 149 | Japan | 0.8 | 2006 | |
| 150 | Mozambique | 0.8 | 2006 | |
| 151 | Ghana | 0.8 | 2006 est. | |
| 152 | Cape Verde | 0.7 | 2005 | |
| 153 | Malta | 0.7 | 2006 est. | |
| 154 | Honduras | 0.6 | 2006 est. | |
| 155 | Nicaragua | 0.6 | 2006 | |
| 156 | Suriname | 0.6 | 2006 est. | |
| 157 | Jamaica | 0.6 | 2006 est. | |
| 158 | Georgia | 0.59 | 2005 est. | |
| 159 | Barbados | 0.5 | 2006 est. | |
| 160 | Gambia, The | 0.5 | 2006 | |
| 161 | Bahamas, The | 0.5 | 2006 | |
| 162 | Mexico | 0.5 | 2006 est. | |
| 163 | Laos | 0.5 | 2006 | |
| 164 | Costa Rica[3] | 0.4 | 2006 | |
| 165 | Guatemala | 0.4 | 2006 | |
| 166 | Moldova | 0.4 | 2005 est. | |
| 167 | Haiti | 0.4 | 2006 | |
| 168 | Mauritius | 0.3 | 2006 est. | |
| 169 | Trinidad and Tobago | 0.3 | 2006 | |
| 170 | Tanzania | 0.2 | 2005 est. | |
| 171 | Bermuda | 0.11 | 2005 est. | |
| 172 | Equatorial Guinea | 0.1 | 2006 est. | |
| 173 | Iceland | 0.0 | 2005 est. | |
| - | European Union | 0.7-4.3 | 2005-2007 est. |
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