Which country spends the most on national defense?

the United States
Although the United States spends more on defense than any other country, the Congressional Budget Office projects that defense spending as a share of gross domestic product (GDP) will decline over the next 10 years — from 3.3 percent of GDP in 2021 to 2.7 percent in 2031.

How much each country spends on Defence?

The U.S. also has the second-largest military worldwide at 1.358 million members….Defense Spending By Country 2021.

How much does US spend on military compared to other countries?

The U.S. outpaces all other nations in military expenditures. World military spending totaled more than $1.6 trillion in 2015. The U.S. accounted for 37 percent of the total. U.S. military expenditures are roughly the size of the next seven largest military budgets around the world, combined.

What country has the most military spending?

Countries Who Spend the Most on the Military Per Capita. Saudi Arabia leads the world in military spending per capita.

What is the current US military budget?

U.S. military spending, traditionally defined, was $730 billion in 2019. Studies that seek to define a “national security” budget – which includes the military, and also veterans’ affairs, homeland security, and similar expenses – can easily arrive at estimates approaching or exceeding $1 trillion per year.

What is the percentage of the US military budget?

Military spending in the United States accounts for somewhere near 45% of global military spending, and the current military budget accounts for a little over 4% of GDP. U.S. expenditures as a percentage of GDP ranks 25th out of all countries surveyed. The CIA keeps a public record of most basic country data online.

How much is the military budget?

At $730 billion in 2019, military spending accounted for more than 53 percent of the federal discretionary budget – the budget that Congress sets each year during its annual appropriations process.