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Here are the top 10 countries with the largest military budgets in the world.

Viva Budy Kusnandar 10/05/2019 16:02 WIB

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When measured as a percentage of GDP, Saudi Arabia's military budget is recorded as the largest in the world, reaching 8.8%.

Military Expenditure as a Percentage of GDP (2018)

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Here are the top 10 countries with the largest military budgets in the world.

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Military Expenditure as a Percentage of GDP (2018)

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Global military expenditure in 2018 rose by 2.6% to US$1.8 trillion, according to the latest data from the Stockholm International Peace Research Institute (SIPRI), as reported by Statista. This increase represents the highest level since 1988 and a 76% increase since the post-Cold War period of 1998.

In terms of value, the United States (US) still leads with expenditure of US$649 billion, or approximately Rp 9 quadrillion. This is followed by China at US$250 billion and Saudi Arabia at US$6.8 billion.

However, when measured as a percentage of Gross Domestic Product (GDP), Saudi Arabia's military budget is the largest in the world, reaching 8.8% of GDP. Israel follows with the second-largest military budget at 4.3% of GDP, followed by Russia at 3.9% of GDP. The US military budget ranks fourth at 3.2% of GDP.

(Read Databoks: Check Data: Indonesia's Defense Budget Only 0.8% of GDP?)

Editor : Hari Widowati

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Here are the top 10 countries with the largest military budgets in the world.

Here are the top 10 countries with the largest military budgets in the world.

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Here are the top 10 countries with the largest military budgets in the world.

Here are the top 10 countries with the largest military budgets in the world.

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