SIPRI Fact Sheet

April 2024

TRENDS IN WORLD MILITARY KEY FACTS

ș World military expenditure,
EXPENDITURE, 2023 driven by Russia’s full-scale
invasion of Ukraine and
heightened geopolitical
nan tian, diego lopes da silva, xiao liang and tensions, rose by 6.8 per cent in
lorenzo scarazzato real terms (i.e. when adjusted
for inflation) to $2443 billion in
2023, the highest level ever
World military expenditure increased for the ninth consecutive year in recorded by SIPRI.
2023, reaching a total of $2443 billion. The 6.8 per cent increase in 2023
ș In 2023 military spending
was the steepest year-on-year rise since 2009 and pushed global spending increased in all five
to the highest level SIPRI has ever recorded (see figure 1). The world mili­ geographical regions for
tary burden—defined as military spending as a percentage of global gross the first time since 2009.
domestic product (GDP)—increased to 2.3 per cent in 2023. Average mili­tary ș Total military expenditure
expend­iture as a share of government expenditure rose by 0.4 percentage accounted for 2.3 per cent of the
points to 6.9 per cent in 2023 and world military spending per person was the global gross domestic product
highest since 1990, at $306. (GDP) in 2023.
The rise in global military spending in 2023 can be attributed primarily to ș The five biggest spenders in
the ongoing war in Ukraine and escalating geopolitical tensions in Asia and 2023 were the United States,
Oceania and the Middle East. Military expenditure went up in all five geo­ China, Russia, India and
graphical regions, with major spending increases recorded in Europe, Asia Saudi Arabia, which together
and Oceania and the Middle East. accounted for 61 per cent of
This SIPRI Fact Sheet highlights trends in military expend­iture for 2023 world military spending.
and over the decade 2014–23. The data, which replaces all military spending ș The USA and China remained
data previously published by SIPRI, comes from the updated SIPRI Military the top two biggest spenders in
Expenditure Database. the world and both increased
their military spending in 2023.
US spending was $916 billion
2 500 while Chinese spending was an
Africa estimated $296 billion.
Middle
East ș Russia’s military spending
2 000
grew by 24 per cent in 2023 to an
Europe
(constant 2022 US$ billion)

estimated $109 billion. This was

Military expenditure

1 500 equivalent to 5.9 per cent of

Russia’s GDP.
Asia and
Oceania ș Ukraine became the eighth
1 000
largest military spender in
2023, increasing its spending by
500
51 per cent to $64.8 billion, or
Americas 37 per cent of GDP.
ș In 2023 military expenditure
by NATO member states
1988 1992 1996 2000 2004 2008 2012 2016 2020 2023 reached $1341 billion or 55 per
Figure 1. World military expenditure, by region, 1988–2023 cent of world spending. Eleven
of the 31 NATO members in
Note: The absence of data for the Soviet Union in 1991 means that no total can be
2023 met NATO’s 2 per cent of
calculated for that year.
GDP military spending target,
Source: SIPRI Military Expenditure Database, Apr. 2024.
which was 4 more than in 2022.
 2 sipri fact sheet

Table 1. The 40 countries with the highest military expenditure in 2023

Spending figures and GDP are in US dollars, at current prices and exchange rates. Changes are in real terms, based on constant (2022)
US dollars. Percentages below 10 are rounded to 1 decimal place; those over 10 are rounded to whole numbers. Figures and percentage
shares may not add up to stated totals or subtotals due to the conventions of rounding.
Change in Spending as a share Share of world
Rank Spending ($ b.), spending (%) of GDP (%) b spending (%),
2023 2022 a Country 2023 2022–23 2014–23 2023 2014 2023
1 1 United States 916 2.3 9.9 3.4 3.7 37
2 2 China [296] 6.0 60 [1.7] [1.7] [12]
3 3 Russia [109] 24 57 [5.9] [4.1] [4.5]
4 4 India 83.6 4.2 44 2.4 2.5 3.4
5 5 Saudi Arabia [75.8] 4.3 –18 [7.1] [11] [3.1]
Subtotal top 5 1 481 .. .. .. .. 61
6 6 United Kingdom 74.9 7.9 14 2.3 2.2 3.1
7 7 Germany 66.8 9.0 48 1.5 1.1 2.7
8 11 Ukraine 64.8 51 1 272 37 3.0 2.7
9 8 France 61.3 6.5 21 2.1 1.9 2.5
10 9 Japan 50.2 11 31 1.2 1.0 2.1
Subtotal top 10 1 799 .. .. .. .. 74
11 10 South Korea 47.9 1.1 34 2.8 2.5 2.0
12 12 Italy 35.5 –5.9 31 1.6 1.3 1.5
13 13 Australia 32.3 –1.5 34 1.9 1.8 1.3
14 19 Poland 31.6 75 181 3.8 1.9 1.3
15 15 Israel 27.5 24 44 5.3 5.6 1.1
Subtotal top 15 1 974 .. .. .. .. 81
16 14 Canada 27.2 6.6 49 1.3 1.0 1.1
17 17 Spain 23.7 9.8 42 1.5 1.3 1.0
18 16 Brazil 22.9 3.1 –12 1.1 1.3 0.9
19 28 Algeria 18.3 76 59 8.2 5.5 0.7
20 21 Netherlands 16.6 14 56 1.5 1.2 0.7
21 20 Taiwan 16.6 11 56 2.2 1.8 0.7
22 23 Türkiye 15.8 37 59 1.5 1.9 0.6
23 22 Singapore 13.2 1.4 27 2.7 3.0 0.5
24 26 Mexico 11.8 –1.5 55 0.7 0.5 0.5
25 27 Colombia 10.7 1.4 20 2.9 3.1 0.4
26 33 Iran 10.3 0.6 34 2.1 2.1 0.4
27 25 Indonesia 9.5 –7.4 29 0.7 0.8 0.4
28 32 Sweden 8.8 12 63 1.5 1.1 0.4
29 30 Norway 8.7 3.5 49 1.6 1.5 0.4
30 24 Pakistan 8.5 –13 13 2.8 3.1 0.3
31 38 Denmark 8.1 39 108 2.0 c 1.1 0.3
32 31 Kuwait 7.8 –8.8 14 4.9 3.6 0.3
33 29 Greece 7.7 –17 51 3.2 2.4 0.3
34 34 Belgium 7.6 5.2 44 1.2 1.0 0.3
35 46 Finland 7.3 54 92 2.4 1.5 0.3
36 37 Switzerland 6.3 2.9 28 0.7 0.6 0.3
37 36 Oman 5.9 0.1 –34 5.4 8.9 0.2
38 35 Thailand 5.8 –6.5 0.6 1.2 1.4 0.2
39 40 Romania 5.6 –4.7 95 1.6 1.3 0.2
40 43 Chile 5.5 4.9 4.8 1.6 2.0 0.2
Subtotal top 40 2 264 .. .. .. 93
World 2 443 6.8 27 2.3 2.4 100
. . = data not available or not applicable; [ ] = estimated figure; GDP = gross domestic product.
a Rankings for 2022 are based on updated military expenditure figures in the current edition of the SIPRI Military Expenditure
Database. They may therefore differ from the rankings for 2022 given in SIPRI Yearbook 2023 and in other SIPRI publications released
in 2023.
b The figures for military expenditure as a share of GDP are based on estimates of 2023 GDP from the International Monetary Fund

World Economic Outlook and International Financial Statistics databases.

c Denmark’s military spending as a share of GDP was 1.95% in 2023, which is rounded here to 2.0%.

Sources: SIPRI Military Expenditure Database, Apr. 2024; International Monetary Fund, World Economic Outlook Database, Oct.
2023; and International Monetary Fund, International Financial Statistics Database, Sep. 2023.
 trends in military expenditure, 2023 3

THE WORLD’S LARGEST MILITARY SPENDERS IN 2023

World military expenditure is highly concentrated among a relatively small

group of states (see table 1). The two largest spenders, the United States and
China, accounted for around half of global military spending in 2023 (see
figure 2). Together, the top 10 in 2023 accounted for almost three quarters
(74 per cent) of the world total, or $1799 billion, which was $105 billion more
than the previous year. In 2023 all countries in the top 10 increased their
mili­tary spending. The biggest percentage increase among this group was in
Ukraine. Its mili­tary spending went up by 51 per cent to $64.8 billion and it
moved from 11th largest spender in 2022 to 8th largest in 2023.
The military burden of every country in the top 10 grew in 2023. The largest
increase was in Ukraine, where military spending as a share of GDP rose by
11 percentage points to reach 37 per cent. This was followed by Russia with an
increase of 1.2 percentage points in its military burden to 5.9 per cent of GDP.
Mili­tary spending as a share of government expenditure, which can be seen
as a measure of government priorities, increased in 9 of the top 10 spenders in
2023 (the only decrease was in the USA). Among the top 10, military spend­ing
as a share of government expenditure was highest in Ukraine (58 per cent),
followed by Saudi Arabia (24 per cent) and Russia (16 per cent). The most
notable increases in 2023 were in Ukraine (+19 percentage points) and Russia
(+3.2 percentage points).
US military spending was $916 billion in 2023, which was 2.3 per cent more
than in 2022 and 9.9 per cent more than in 2014. The USA remained by far the
largest spender in the world, allocating 3.1 times more to the military than
the second largest spender, China. The biggest percentage increase among
all US mili­tary spending categories in 2023 was for ‘research, development,
test and evaluation’ (RDT&E). The
USA spent 9.4 per cent more in real
terms on RDT&E than in 2022. Others (19%)
The USA has prioritized RDT&E Israel (1.1%)
spend­ing, in relative terms, over
Poland (1.3%)
all other mili­tary spend­ing cate­
gories since around 2014. This Australia (1.3%)

aligns with its decision to shift Italy (1.5%) United States (37%)

its focus away from counter­ South Korea (2.0%)

insurgency operations and asym­
Japan (2.1%)
metric warfare to develop­ing new
weapon systems that could be France (2.5%)

used in a potential conflict with Ukraine (2.7%)

adversaries with advanced mili­ Germany (2.7%)
tary capabilities.
United Kingdom (3.1%)
Military aid to Ukraine was a
China (12%)
highly debated topic in the USA in Saudi Arabia (3.1%)

2023. Funding allo­cations beyond India (3.4%)

those in the initial US Depart­ment Russia (4.5%)

of Defense budget were the main
sources of US military spending Figure 2. The share of world military expenditure of the 15 countries with the
related to Ukraine in 2023. They highest spending in 2023
totalled $35.7 billion in 2023, Source: SIPRI Military Expenditure Database, Apr. 2024.
4 sipri fact sheet

of which $25.4 billion was in the form of military aid—the largest amount
of military aid given to Ukraine by any country that year. The remaining
$10.3 billion in Ukraine-related allocations included funds to support
European allies and US command operations in Europe and to boost US
munitions production capacity to replenish stocks sent to Ukraine and meet
Ukraine’s ammunition needs.
China, the world’s second largest military spender, allocated an estimated
$296 billion to the military in 2023, an increase of 6.0 per cent from 2022.
China’s military expenditure accounted for 12 per cent of global spend­ing
and 50 per cent of spending in Asia and Oceania. Aside from being the biggest
spender in Asia and Oceania, China is the main driver of spending trends
else­where in the region since many of its neighbours perceive China’s grow­
ing military power as a reason to enhance their own military capabil­ities.
China’s military expenditure has risen consecutively for 29 years, the
longest unbroken streak recorded by any country in the SIPRI Military
Expend­iture Database. However, the rate of military spending growth has
slowed over the past 10 years: China recorded an increase of 60 per cent in
2014–23 compared with increases of just under 150 per cent in 2004–13 and
1994–2003. This also reflects the slower rate of Chinese economic growth
during the past decade. China recorded single-digit growth in its mili­tary
spending for the 11th consecutive year in 2023, which was largely in line with
its annual GDP growth over the same period.
At an estimated $109 billion, Russian military expenditure in 2023 was
24 per cent higher than in 2022 and 57 per cent higher than in 2014, when
Russia annexed Crimea. In 2023 Russia’s military spending was equivalent to
5.9 per cent of GDP and 16 per cent of total government expenditure, which
were the highest levels recorded by Russia since the dissolution of the Soviet
Union. Figures for Russia’s military expenditure in 2023 are highly uncertain
due to the increasing opaqueness of Russian financial authorities since the
full-scale invasion of Ukraine in 2022. In addition to the state budget, funding
to support the invasion has come from off-budget revenue streams such as
businesses, individuals and organizations. While these contributions are
probably modest compared with the official budget, the lack of information
about them means that SIPRI’s military expenditure figures for Russia are
underestimates.
The increase in Russian military expenditure in 2023 was largely facilitated
by Russia’s economic performance, which surpassed expectations despite a
sig­nifi­cant fall in the country’s oil and gas revenue. Russia has relied on its
sovereign wealth fund and state loans to finance its expanding budget deficit,
which has allowed it to limit the impact of its full-scale invasion of Ukraine
on its economy.
In its draft budget for 2023, published in September 2022, Russia increased
the amount allocated to ‘national security and public order’ by 50 per cent
compared with 2022. This suggests that Russia expected the war in Ukraine
to have wound down significantly during 2023 with a subsequent transition
towards control of annexed territory. In a possible reassessment of the state
of the full-scale invasion, in December 2022 Russia issued a revised 2023
budget that increased funding to ‘national security and public order’ by only
21 per cent compared with 2022. Based on the draft state budget for the years
 trends in military expenditure, 2023 5

2024–26, published in 2023, Russian military spending is expected to con­

tinue to rise in the coming years.
With military expenditure of $83.6 billion in 2023, India was the fourth
largest spender globally. Indian spending was up by 4.2 per cent from 2022
and by 44 per cent from 2014. The increase in India’s military spending was
mainly a result of growing personnel and operations costs, which made up
almost 80 per cent of the total military budget in 2023. This aligns with the
govern­ment’s priority to strengthen the operational readiness of the armed
forces amid ongoing tensions with China and Pakistan. In comparison, cap­ital
outlays to fund military procurement remained relatively stable, at around
22 per cent of the budget in 2023. A total of 75 per cent of these outlays went
towards equipment produced domestically, which was the highest level ever
and up from 68 per cent in the previous year. The continued shift towards
domestic procurement reflects India’s goal of becoming self-reliant in arms
develop­ment and production.
Saudi Arabia was the fifth biggest military spender globally in 2023. Its
spend­ing rose by 4.3 per cent to an estimated $75.8 billion, or 7.1 per cent of
GDP. Saudi Arabia is the world’s largest exporter of crude oil, and the growth
in its mili­tary spending in 2023 was partly financed on the back of increased
demand for non-Russian oil and rising oil prices following Russia’s full-scale
invasion of Ukraine.

REGIONAL TRENDS

Countries in the Americas accounted for 41 per cent of the world’s military
spending in 2023 (see table 2), followed by countries in Asia and Oceania
(24 per cent), Europe (24 per cent), the Middle East (8.2 per cent) and Africa
(2.1 per cent).

Africa

Military expenditure in Africa totalled $51.6 billion in 2023. It was 22 per

cent higher than in 2022 and 1.5 per cent higher than in 2014.
At $28.5 billion in 2023, military expenditure by North African countries
was up by 38 per cent from 2022 (see figure 3) and by 41 per cent from 2014.
Algeria and Morocco are by far the largest spenders in the subregion, together
accounting for 82 per cent of North African military expenditure in 2023.
Algeria’s military spending grew by 76 per cent to reach $18.3 billion. This
was the highest level of expenditure ever recorded by Algeria and the largest
annual increase in its spending since 1974. The increase was facilitated
by a sharp rise in revenue from gas exports to countries in Europe as they
moved away from Russian supplies. In contrast, Morocco’s military spending
decreased for the second consecutive year. It fell by 2.5 per cent in 2023, to
$5.2 billion.
Military expenditure in sub-Saharan Africa reached $23.1 billion in 2023,
which was 8.9 per cent higher than in 2022 but 22 per cent lower than in 2014.
The rise in 2023 can be attributed to the 20 per cent increase in spending by
Nigeria—the subregion’s biggest military spender—and notable increases in
spending by several other countries including the Democratic Republic of
the Congo (DRC) and South Sudan.
 6 sipri fact sheet

Table 2. Military expenditure in 2023, by region and subregion

Spending figures are in US dollars, at current prices and exchange rates. Changes are in real terms, based on constant (2022) US
dollars. Per­centages below 10 are rounded to 1 decimal place; those over 10 are rounded to whole numbers. Figures and percentage
shares may not add up to stated totals or subtotals due to the conventions of rounding.

Spending ($ b.), Change in spending (%) Share of world spending (%),

Region and subregion 2023 2022–23 2014–23 2023
World 2 443 6.8 27 100
Africa a 51.6 22 1.5 2.1
North Africa 28.5 38 41 1.2
Sub-Saharan Africa a 23.1 8.9 –22 0.9
Americas b 1 009 2.2 10 41
Central America and the Caribbean b 14.7 –0.4 54 0.6
North America 943 2.4 11 39
South America 50.7 –0.3 –7.2 2.1
Asia and Oceania c 595 4.4 46 24
Central Asia d 1.8 –5.3 –16 0.1
East Asia e 411 6.2 52 17
Oceania 35.5 –0.9 36 1.5
South Asia 98.2 2.2 38 4.0
South East Asia f 47.8 –1.6 24 2.0
Europe 588 16 62 24
Central and Western Europe 407 10 43 17
Eastern Europe 181 31 118 7.4
Middle East g (200) 9.0 5.9 (8.2)

( ) = uncertain estimate.
a Figures exclude Djibouti, Eritrea and Somalia.
b Figures exclude Cuba.
c Figures exclude Laos, North Korea, Turkmenistan and Uzbekistan.
d Figures exclude Turkmenistan and Uzbekistan.
e Figures exclude North Korea.
f Figures exclude Laos.
g Figures exclude Syria and Yemen.

Source: SIPRI Military Expenditure Database, Apr. 2024.

Nigeria’s military spending was $3.2 billion in 2023. This included a sup­
plementary budget that boosted the regular military budget by an additional
34 per cent. The latest increase in Nigerian military spending comes against
the backdrop of numerous ongoing security challenges.
In 2023 the DRC recorded the biggest percentage increase in military
spend­ing in the world. Its spending more than doubled (+105 per cent) to
reach $794 million. The 2023 increase coincided with growing tensions with
Rwanda, a surge in clashes with non-state armed groups, and a move by the
govern­ment to strengthen the DRC’s armed forces after it demanded the
early with­drawal of a large-scale United Nations peacekeeping mission in the
country.
South Sudan recorded the second highest percentage increase in military
spending globally in 2023. Its spending rose by 78 per cent to reach $1.1 billion.
This followed a 108 per cent increase in 2022. The growth in spending can
be attributed to escalating internal violence and the security challenges that
have spilled over from the civil war in neighbouring Sudan.
 trends in military expenditure, 2023 7

The Americas

Military spending by countries in the Americas reached $1009 billion in

2023, which was 2.2 per cent higher than in 2022 and 10 per cent higher than
in 2014.
North American military spending totalled $943 billion in 2023. It was up
by 2.4 per cent from 2022 and by 11 per cent from 2014. At $27.2 billion in
2023, Canada’s military spending was 6.6 per cent more than in 2022 and
49 per cent more than in 2014. Canada’s military burden was 1.3 per cent of
GDP in 2023, still some way short of the North Atlantic Treaty Organ­ization
(NATO) military spending target of 2 per cent of GDP.
Military spending in Central America and the Caribbean fell marginally
(–0.4 per cent) to $14.7 billion in 2023. However, spending went up by 54 per
cent over the decade 2014–23. Rising crime levels have led to increased use
of mili­tary forces against criminal gangs by some countries in the sub­region,
most notably Mexico. Mexican military expenditure reached $11.8 billion
in 2023. Spending fell by 1.5 per cent between 2022 and 2023, but has risen
by 55 per cent since 2014. Allocations to the Guardia Nacional (National
Guard)—a militarized force used to curb criminal activity—have grown from
0.7 per cent of Mexico’s total military expenditure in 2019, when the force
was created, to 11 per cent in 2023.
The Dominican Republic increased its military expenditure by 14 per cent
in 2023, to $893 million. Its military spending has risen sharply in recent
years in response to security challenges that have spilled over the border
from neighbouring Haiti, which has been embroiled in a political crisis since
the assassination of President Jovenel Moïse in 2021.
At $50.7 billion in 2023, military spending in South America was almost
unchanged (–0.3 per cent) from 2022. Brazil is the largest spender in the
sub­region. Its spending reached
$22.9 billion after an increase of
3.1 per cent in 2023, which was World 6.8
Presi­dent Luís Inácio Lula da North Africa 38
Silva’s first year in office. Sub-Saharan Africa 8.9
Although Brazil is not part of Central America and the Caribbean –0.4
NATO, members of the Brazil­
North America 2.4
ian National Congress cited the
South America –0.3
organ­ization’s spending target
Central Asia –5.3
when submitting a constitutional
East Asia 6.2
amend­ment to the Senate in 2023
that aims to increase Brazil’s mili­ Oceania –0.9

tary burden to an annual mini­mum South Asia 2.2

of 2 per cent of GDP. Brazil’s mili­ South East Asia –1.6

tary burden in 2023 was 1.1 per Central and Western Europe 10
cent of GDP. Eastern Europe 31
Middle East 9.0
Asia and Oceania –10 –5 0 5 10 15 20 25 30 35 40
Change in military expenditure (%)
Total military spending in Asia
and Oceania in 2023 amounted Figure 3. Changes in military expenditure, by subregion, 2022–23
to $595 billion, up by 4.4 per cent Source: SIPRI Military Expenditure Database, Apr. 2024.
 8 sipri fact sheet

Box 1. NATO and the push for further increases in military expenditure
In 2023 the combined military spending of the 31 North Atlantic Treaty Organization (NATO) members reached $1341 billion—up
by 5.2 per cent from 2022 and by 19 per cent from 2014.a Total NATO military expenditure accounted for 55 per cent of world
military spending in 2023. The increase over the decade 2014–23 was due partly to new members joining NATO (Montenegro in
2017, North Macedonia in 2020 and Finland in 2023) and partly to a general upward trend in military spending.
All but three NATO members increased their military expenditure in 2023. Spending fell in Greece (–17 per cent), Italy (–5.9 per
cent) and Romania (–4.7 per cent). European NATO members together accounted for 28 per cent of total NATO spending in 2023,
which was the highest level recorded in the decade 2014–23.
In 2014 NATO members committed to spending 2 per cent of gross domestic product (GDP) on the military by 2024. In 2023
they revised this target to ‘at least’ 2 per cent of GDP. Eleven of the 31 NATO members met or exceeded the 2 per cent target in
2023, which was 4 more than in 2022 and the highest number since the spending commitment was introduced. NATO members’
average military burden stood at 1.9 per cent of GDP in 2023. Only 3 of the 31 NATO members did not increase their military burden
between 2014 and 2023: Türkiye (–0.4 percentage points), the United States (–0.3) and Croatia (–0.04).
In 2014 NATO members also agreed that, by 2024, they would allocate 20 per cent or more of their total annual military spending to
procuring major equipment. A total of 28 NATO members met the target in 2023, up from 7 in 2014. Between 2014 and 2023, NATO
members’ average share of military spending dedicated to major equipment more than doubled, to reach 28 per cent.

a Sweden’s application to join NATO was not formally ratified until March 2024. Its military expenditure is therefore excluded

from SIPRI data for NATO for 2023.

SIPRI’s methodology for calculating military expenditure differs from that used by NATO for its annual data. As a result, SIPRI’s
data may not exactly match the data published by NATO.

from 2022 and by 46 per cent from 2014. This continued an uninterrupted
upward trend dating back to at least 1989. The regional increase was primar­
ily driven by China and its neighbours: military spending rose in all countries
in East Asia as well as in India.
Military expenditure in East Asia grew by 6.2 per cent in 2023, to reach
$411 billion. Japan allocated $50.2 billion to its military in 2023, which was
11 per cent more than in 2022 and 31 per cent more than in 2014. The year-on
year increase in 2023 was the largest since 1972. The budget for 2023 also
marked the first year of Japan’s biggest military build-up programme since
the end of World War II. Under the programme, Japan aims to bolster its
counter­strike capabilities by investing heavily in aircraft, ships and long-
range missiles. It plans to spend $310 billion on the military in 2023–27, which
would give it an average annual military budget of $62 billion over the period.
South Korea’s military expendi­ture went up by 1.1 per cent in 2023, to
$47.9 billion. In 2023 the South Korean Ministry of National Defense unveiled
a new spend­ing plan to allocate around $253 billion to the military between
2023 and 2027, at an average of just over $50 billion per year.
Taiwan’s military expenditure grew by 11 per cent in 2023, to $16.6 billion.
Based on a perceived growing threat from China, Taiwan created an extra-
budgetary fund in 2020 and another in 2022 earmarked for procuring
F-16 combat aircraft and naval systems. Together, these funds accounted for
21 per cent of Taiwan’s total military spending in 2023.

Europe

Military spending in Europe totalled $588 billion in 2023, which was 16 per
cent more than in 2022 and 62 per cent more than in 2014. The ongoing war
between Russia and Ukraine has led to substantial increases in military
spending by both countries and spurred a widespread surge in military
expend­iture across Europe.
 trends in military expenditure, 2023 9

Military spending in Central and Western Europe reached $407 billion in

2023, up by 10 per cent from 2022 and by 43 per cent from 2014. The United
Kingdom remained the largest military spender in the subregion in 2023. At
$74.9 billion, its spending was 7.9 per cent higher than in 2022 and 14 per cent
higher than in 2014. The UK’s military burden was 2.3 per cent of GDP in
2023. During the year, the British government announced a long-term plan to
raise the UK’s military burden to 2.5 per cent of GDP.
In 2023 Germany’s military expenditure grew for the second consecutive
year to reach $66.8 billion. German spending went up by 9.0 per cent in 2023
and by 48 per cent over the decade 2014–23. In early 2022 the German govern­
ment committed to meeting NATO’s military spending target of 2 per cent
of GDP ‘as an average over a multi-year period’ by 2025. It aimed to achieve
this partly through an extra-budgetary fund established in 2022. In late 2023
the government revised its spending plan and announced that it intended to
meet the 2 per cent target annually from 2024 onwards. Germany’s military
burden in 2023 was 1.5 per cent of GDP.
Poland’s military spending was $31.6 billion after growing by 75 per cent
between 2022 and 2023, which was by far the largest annual increase by any
Euro­pean country. Polish military expenditure was 181 per cent higher in
2023 than in 2014. Poland’s spending in 2023 was partly financed through
an off-budget funding mechanism established in 2022. This fund accounted
for 27 per cent of the country’s total military spending in 2023. Poland’s mili­
tary burden increased by 1.6 percentage points during the year to 3.8 per cent
of GDP, but this was still short of the Polish government’s declared goal of
reach­ing 4 per cent of GDP in 2023.
Finland became the 31st member of NATO in April 2023 (see box 1). In 2023
Finnish military spending went up by 54 per cent to $7.3 billion, or 2.4 per
cent of GDP. The increase was mainly due to Finland tripling its procure­
ment spending in 2023 with the aim of improving its military capabilities,
which includes acquiring F-35 combat aircraft and air defence systems and
replacing the weapons that it has given to Ukraine.
In 2023 military spending in Eastern Europe increased by 31 per cent to
reach $181 billion—its highest level since 1990. The surge in spending was
driven by the substantial growth in Russian and Ukrainian military spending
in the second year of Russia’s full-scale invasion of Ukraine. Military expend­
iture in Eastern Europe grew by 118 per cent over the decade 2014–23.
Ukraine became the world’s eighth biggest military spender in 2023.
Its mili­tary expenditure rose by 51 per cent to reach $64.8 billion in 2023,
equiva­lent to 59 per cent of Russia’s military spending that year. Ukrainian
mili­tary expenditure increased by 1272 per cent between 2014 and 2023.
Ukraine received military aid from over 30 countries in 2023. The main
donors were the USA and the UK as well as Germany and other Euro­pean
Union (EU) member states. Military aid to Ukraine is estimated to have
totalled at least $35 billion in 2023, of which $25.4 billion came from the USA.
SIPRI includes military aid in the spending estimate of the donor country and
not the beneficiary country, which means that this $35 billion is not included
in the total for Ukraine.
In 2023 Ukrainian military expenditure accounted for 58 per cent of
govern­ment spending. Since the full-scale invasion by Russia in 2022, Ukraine
has supported its annual budget with a combination of increased taxation,
 7. Armenia 6. Russia
5.5% 5.9%

1. Ukraine
37%

3. Algeria
8.2% 9. Israel
5.3%

8. Oman
10

5.4%

2. Lebanon
8.9%

10. Jordan
4.9%
5. South Sudan 4. Saudi Arabia
6.3% 7.1%
sipri fact sheet

9.0%>

5.0%–9.0%

4.0%–5.0%

3.0%–4.0%

2.0%–3.0%

1.0%–2.0%

<1.0%

No military spending

No data

Figure 4. Military spending as a share of gross domestic product, by country, 2023

Notes: The 10 countries with the highest military spending as a share of gross domestic product are labelled.
The boundaries used in this map do not imply any endorsement or acceptance by SIPRI.
Source: SIPRI Military Expenditure Database, Apr. 2024.
 trends in military expenditure, 2023 11

debt and international financial assistance. As Ukraine has allocated more

and more of its resources to the military, it has become increasingly reliant on
international financial assistance to cover the funding gap for non-military
matters. This funding gap reached an estimated $40 billion in 2023. The
EU and US financial assistance packages provided to Ukraine in 2022 and
2023 have been critical to freeing up resources for Ukraine to allocate to its
military.

The Middle East

Military expenditure in the Middle East rose by 9.0 per cent to an estimated
$200 billion in 2023. This was the biggest annual increase in the decade
2014–23. Spend­ing went up in the three largest military spenders in the
region: Saudi Arabia, Israel and Türkiye.
Israel’s military spending grew by 24 per cent to reach $27.5 billion in 2023.
The spending increase was mainly driven by Israel’s large-scale offensive in
Gaza in response to the attack on southern Israel by Hamas in October 2023.
Israel’s monthly military expenditure has risen substantially since the start
of the war in Gaza: it went up from an average of $1.8 billion per month before
October to $4.7 billion in December 2023.
Iran was the fourth largest military spender in the Middle East in 2023.
Its spending went up marginally (+0.6 per cent) to $10.3 billion. Accord­ing
to available data, the share of total military spending allocated to the Islamic
Revolutionary Guard Corps (IRGC) has been increasing since at least 2019.
Spending on the IRGC rose from 27 per cent of Iran’s total military expend­
iture in 2019 to 37 per cent in 2023. In addition, spending linked to the
procure­ment of aircraft from Iran Aircraft Manufacturing Industrial Co­rpor­
ation (HESA) increased by 27 per cent over the same period. Among other
things, HESA produces uncrewed aerial vehicles (UAVs) used by the IRGC.

MILITARY SPENDING AS A SHARE OF GDP

A country’s military expenditure as a share of GDP—also known as the

military burden—is the simplest measure of the relative economic cost of the
military on the country (see figure 4). The global military burden is estimated
to have risen from 2.2 per cent of GDP in 2022 to 2.3 per cent in 2023.
On average, states in the Middle East had the highest military burden in
2023, at 4.2 per cent of GDP, followed by states in Europe (2.8 per cent), Africa
(1.9 per cent), Asia and Oceania (1.7 per cent) and the Americas (1.2 per cent).
In 2023 the average military burden grew substantially for states in Europe
(+0.5 percentage points), the Middle East (+0.5) and Africa (+0.2). The
average military burden was unchanged for states in the Americas, and Asia
and Oceania.
The largest increase in military burden in 2023 was in Ukraine (+11 per­
cent­age points). Other notable military burden increases in Europe
included Poland (+1.6 percentage points), Armenia (+1.4), Russia (+1.2),
Fin­land (+0.8), Azer­ baijan (+0.8), Estonia (+0.7) and Denmark (+0.6).
Lebanon (+6.0 percentage points), Israel (+0.9) and Saudi Arabia (+0.7) had
the biggest military burden increases in the Middle East. By far the largest
increase in military burden in Africa was in Algeria (+3.5 percentage points).
SIPRI is an independent
international institute The SIPRI Military Expenditure Database, sources and methods
dedicated to research into The SIPRI Military Expenditure Database provides military expenditure data by
conflict, armaments, arms country for the years 1949–2023 in local current prices, constant United States dollars,
control and disarmament. current US dollars, as a share of gross domestic product (GDP), per capita and as a
Established in 1966, SIPRI share of general government expenditure. The SIPRI Military Expenditure Database
provides data, analysis and was updated on 22 April 2024 and this version replaces all previous versions of the
recommendations, based on database. The database and further details on the definitions, sources and methods
open sources, to policymakers, used are available at <https://doi.org/10.55163/CQGC9685>.
researchers, media and the All figures for spending in 2023 are given in 2023 current US dollars. Figures for
interested public. relative increases or decreases in military spending—often described as changes in
‘real terms’ or adjusted for inflation—are expressed in constant (2022) US dollars.
Definitions
GOVERNING BOARD
Where possible, SIPRI military expenditure data includes all current and capital
Stefan Löfven, Chair (Sweden) expenditure on: (a) the armed forces, including peacekeeping forces; (b) defence minis­
Dr Mohamed Ibn Chambas tries and other government agencies engaged in defence projects; (c) paramilitary forces,
(Ghana) when judged to be trained and equipped for military operations; and (d) military space
Ambassador Chan Heng Chee activities. This data should include expenditure on personnel—which encompasses
(Singapore) salaries of military and civil personnel and pensions and social services of military
Jean-Marie Guéhenno (France) personnel—as well as expenditure on operations and maintenance, procurement,
Dr Radha Kumar (India) military research and development and military aid (in the military expenditure of the
Dr Patricia Lewis (Ireland/ donor country). The estimated military aid to Ukraine in this year’s fact sheet includes
United Kingdom) financial contributions, training and operational costs, replacement costs of the military
Dr Jessica Tuchman Mathews equipment stocks donated to Ukraine and payments to procure additional military
(United States) equipment for the Ukrainian armed forces. It does not include the estimated value of
military equipment stocks donated to Ukraine.
DIRECTOR Civil defence and current expenditures on previous military activities, such as veterans’
benefits, demobilization, conversion, weapon destruction and military involvement in
Dan Smith (United Kingdom)
non-military activities (e.g. policing) are excluded from the data set.

ABOUT THE AUTHORS

Nan Tian (South Africa) is the Acting Programme Director and a Senior Researcher
with the SIPRI Military Expenditure and Arms Production Programme. Diego Lopes
da Silva (Brazil) is a Senior Researcher, Xiao Liang (China) is a Researcher and Lorenzo
Scarazzato (Italy) is a Research Assistant with the programme.

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