Military Spending by Country in 1956

In 1956, United States had the world's largest military budget at $499.7 billion, while United States spent the highest share of its economy on defense at 9.9% of GDP.

Data updated: July 7, 2026

Full ranking

RankCountryUSD (millions)Percent of GDP
1United States$499,722M9.90%
2United Kingdom$56,375M8.56%
3France$31,298M6.46%
4Germany$21,812M3.40%
5Canada$15,340M5.69%
6Italy$9,593M3.17%
7Netherlands$8,806M5.79%
8Japan$7,161M1.75%
9Australia$5,204M3.67%
10Belgium$4,440M3.56%
11Spain$4,027M2.26%
12Argentina$3,605M
13India$3,046M2.02%
14Denmark$2,235M3.03%
15Norway$1,606M3.52%
16Greece$1,525M5.94%
17Peru$1,427M2.98%
18Israel$1,325M
19New Zealand$1,228M3.11%
20Sudan$1,170M1.12%
21Turkey$1,082M
22Portugal$1,025M2.48%
23South Korea$739M8.33%
24Mexico$737M0.74%
25Pakistan$630M5.03%
26Myanmar$386M
27South Africa$264M1.29%
28Chile$200M2.30%
29Guatemala$148M1.27%
30Morocco$122M1.18%
31El Salvador$95M
32Luxembourg$88M1.90%
33Honduras$33M1.12%
34Bolivia$31M0.36%
35Sri Lanka$26M0.68%
36Costa Rica$0M0.00%
37Iceland$0M0.00%
38Venezuela2.75%

Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars.

Other years