Military Spending by Country in 1960
In 1960, United States had the world's largest military budget at $501.8 billion, while Jordan spent the highest share of its economy on defense at 20.4% of GDP.
Data updated: July 7, 2026
Full ranking
| Rank | Country | USD (millions) | Percent of GDP |
|---|---|---|---|
| 1 | United States | $501,847M | 8.99% |
| 2 | United Kingdom | $53,834M | 7.09% |
| 3 | Germany | $34,304M | 3.75% |
| 4 | France | $32,393M | 5.43% |
| 5 | Canada | $12,484M | 4.19% |
| 6 | Italy | $11,034M | 2.71% |
| 7 | Netherlands | $7,320M | 3.70% |
| 8 | Japan | $7,000M | 1.08% |
| 9 | Australia | $4,897M | 2.37% |
| 10 | Belgium | $4,699M | 3.40% |
| 11 | Switzerland | $4,363M | 2.34% |
| 12 | Spain | $4,228M | 2.25% |
| 13 | Sweden | $3,841M | 3.78% |
| 14 | India | $3,401M | 2.00% |
| 15 | Argentina | $2,905M | 1.55% |
| 16 | Denmark | $2,493M | 2.73% |
| 17 | Sudan | $2,081M | 1.92% |
| 18 | Brazil | $1,810M | 2.68% |
| 19 | Greece | $1,721M | 4.86% |
| 20 | Norway | $1,590M | 3.20% |
| 21 | Austria | $1,558M | 1.46% |
| 22 | Ecuador | $1,459M | 2.38% |
| 23 | Peru | $1,428M | 2.51% |
| 24 | Turkey | $1,281M | 3.53% |
| 25 | Israel | $1,269M | 7.46% |
| 26 | Portugal | $1,257M | 2.56% |
| 27 | New Zealand | $1,233M | 2.69% |
| 28 | Finland | $873M | 1.77% |
| 29 | Mexico | $821M | 0.67% |
| 30 | South Korea | $771M | 7.16% |
| 31 | Pakistan | $666M | 4.31% |
| 32 | Philippines | $616M | 1.78% |
| 33 | Thailand | $457M | 2.47% |
| 34 | Myanmar | $456M | — |
| 35 | Colombia | $424M | 1.88% |
| 36 | Iran | $324M | 2.29% |
| 37 | Ireland | $318M | 1.33% |
| 38 | Iraq | $313M | 7.05% |
| 39 | South Africa | $307M | 0.95% |
| 40 | Morocco | $276M | 2.32% |
| 41 | Dominican Republic | $247M | 5.23% |
| 42 | Chile | $236M | 3.12% |
| 43 | Malaysia | $214M | 2.68% |
| 44 | Guatemala | $159M | 1.16% |
| 45 | Nigeria | $120M | 0.70% |
| 46 | Ghana | $94M | 1.71% |
| 47 | El Salvador | $84M | — |
| 48 | Luxembourg | $55M | 1.00% |
| 49 | Sri Lanka | $54M | 1.18% |
| 50 | Paraguay | $51M | 2.53% |
| 51 | Honduras | $40M | 1.17% |
| 52 | Burkina Faso | $7M | 0.68% |
| 53 | Costa Rica | $0M | 0.00% |
| 54 | Iceland | $0M | 0.00% |
| 55 | Jordan | — | 20.40% |
| 56 | Syria | — | 10.52% |
| 57 | Venezuela | — | 3.06% |
| 58 | Tunisia | — | 2.00% |
| 59 | Libya | — | 1.59% |
| 60 | Benin | — | 0.87% |
Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars.