Top 15 Countries by Military Expenditure ( 1949- 2020 )

**The World’s Biggest Defense Budget | Top 15 Countries With the Highest Military Spending**
This Graph stats the comparison of top 15 countries by it's military spending form year 1949 to 2020.

Figures are in US $m., at constant 2018 prices and exchange rates, except for the last figure, which is in US$m. at 2019 prices and exchange rates.

The Military of India maintains the largest active duty force in the world as of 2020, while the Indian Paramilitary Forces, over a million strong, is the second largest paramilitary force in the world. Combined, the total armed forces of India are 2,414,700 strong, the world's third largest defence force.

Worldwide leaders in military spending:-

The United States lead the globe in military spending in 2019. China ranked second in spending, as it has done since 2008. With military outlays totaling 732 billion US dollars, the US spent about 38 percent of the total global military spending that year, 1.92 trillion US dollars. In 2019, United States military expenditure amounted to 3.4 percent of US gross domestic product (GDP), placing the U.S. lower in national military expenditure as a percentage of GDP to Russia, which spent 3.9 percent of its GDP, and Saudi Arabia, which spent 8.0 percent of its GDP.

The 2012 outlay value, 670.5 billion US dollars, represents the first fall in US defense outlays in over a decade. In 2011, the United States spent 699.8 billion US dollars on defense, up from 689 billion US dollars spent on defense in 2010. The decline in 2012 is the result of austerity measures taken in response to the global financial crisis and post-Iraq/Afghanistan military operations. In 2012, US war costs in Iraq fell drastically from 47.4 billion US dollars (in 2011) to just 10.10 billion U.S. dollars. Spending on the War in Afghanistan fell from 122 billion US dollars in 2011 to 111 billion US dollars in 2012.

Nonetheless, America’s basic defense budget remains primarily unchanged. According to the US Congressional Budget Office, US outlays for defense will rise from a low of 625 billion US dollars in 2014, to 781 billion US dollars by 2024. Between 2013 and 2022, it is projected that the United States will spend 392 billion US dollars on nuclear weapons, 97 billion on missile defenses and 100 billion on environmental and health costs.
Global military spending, meanwhile, has grown steadily since 2001, when 1.15 trillion US dollars were spent globally, to the 1.92 trillion US dollars spent globally in 2019. Despite the global financial and economic crisis, nations did not curb military spending in the ‘00s and the beginning of the ‘10s. Going forward, global defense spending is estimated to increase in all regions between 2010 and 2020. Before the end of the decade, spending in Asia Pacific is projected to have increased by 165 percent since 2010, by 94 percent in the Middle East and Africa, and by 49 percent in Latin America. #military #superpower #army #usa #India #china #germany #france
Countries taking into consideration:-

Algeria
Libya
Morocco
Tunisia
Sub-Saharan
Angola
Benin
Botswana
Burkina Faso
Burundi
Cameroon
Cape Verde
Central African Rep.
Chad
Congo, Republic of
Congo, Dem. Rep.
Côte d’Ivoire
Djibouti
Equatorial Guinea
Eritrea
Ethiopia
Gabon
Gambia
Ghana
Guinea
Guinea-Bissau
Kenya
Lesotho
Liberia
Madagascar
Malawi
Mali
Mauritania
Mauritius
Mozambique
Namibia
Niger
Nigeria
Rwanda
Senegal
Seychelles
Sierra Leone
Somalia
South Africa
South Sudan
Sudan
eSwatini
Tanzania
Togo
Uganda
Zambia
Zimbabwe
Belize
Costa Rica
Cuba
Dominican Rep.
El Salvador
Guatemala
Haiti
Honduras
Jamaica
Mexico
Nicaragua
Panama
Trinidad & Tobago
Canada
USA
Argentina
Bolivia
Brazil
Chile
Colombia
Ecuador
Guyana
Paraguay
Peru
Uruguay
Venezuela
Kazakhstan
Kyrgyzstan
Tajikistan
Turkmenistan
Uzbekistan
East Asia
China
Japan
Korea, North
Korea, South
Mongolia
Taiwan
South Asia
Afghanistan
Bangladesh
India
Nepal
Pakistan
Sri Lanka
South-East Asia
Brunei
Cambodia
Indonesia
Laos
Malaysia
Myanmar
Philippines
Singapore
Thailand
Timor-Leste
Viet Nam
Australia
Fiji
New Zealand
Papua New Guinea
Albania
Bosnia-Herzegovina
Bulgaria
Croatia
Czechia
Czechoslovakia
Estonia
German DR
Hungary
Kosovo
Latvia
Lithuania
Montenegro
North Macedonia
Poland
Romania
Serbia
Slovakia
Slovenia
Yugoslavia

Armenia
Azerbaijan
Belarus
Georgia
Moldova
Russia
Ukraine
USSR
Austria
Belgium
Cyprus
Denmark
Finland
France
Germany
Greece
Iceland
Ireland
Italy
Luxembourg
Malta
Netherlands
Norway
Portugal
Spain
Sweden
Switzerland
UK
Bahrain
Egypt
Iran
Iraq
Israel
Jordan
Kuwait
Lebanon
Oman
Qatar
Saudi Arabia
Syria
Turkey
UAE
Yemen
Yemen, North