Military Spending by Country in 1962
In 1962, United States had the world's largest military budget at $566.8 billion, while Jordan spent the highest share of its economy on defense at 18.1% of GDP.
Data updated: July 7, 2026
Full ranking
| Rank | Country | USD (millions) | Percent of GDP |
|---|---|---|---|
| 1 | United States | $566,782M | 9.33% |
| 2 | United Kingdom | $54,472M | 6.94% |
| 3 | Germany | $46,373M | 4.48% |
| 4 | France | $34,792M | 5.16% |
| 5 | Canada | $13,235M | 4.00% |
| 6 | Italy | $12,534M | 2.63% |
| 7 | Netherlands | $8,937M | 4.12% |
| 8 | Japan | $6,966M | 0.88% |
| 9 | Switzerland | $5,618M | 2.57% |
| 10 | Spain | $5,204M | 2.27% |
| 11 | Australia | $5,100M | 2.36% |
| 12 | Belgium | $5,056M | 3.28% |
| 13 | India | $5,044M | 2.75% |
| 14 | Sweden | $4,334M | 3.86% |
| 15 | Argentina | $3,426M | 2.66% |
| 16 | Denmark | $3,128M | 3.02% |
| 17 | Sudan | $2,505M | 2.06% |
| 18 | Portugal | $2,292M | 4.23% |
| 19 | Israel | $1,936M | 9.16% |
| 20 | Norway | $1,910M | 3.24% |
| 21 | Brazil | $1,797M | 2.40% |
| 22 | Greece | $1,693M | 4.05% |
| 23 | Peru | $1,679M | 2.43% |
| 24 | Austria | $1,575M | 1.35% |
| 25 | Turkey | $1,535M | 3.71% |
| 26 | Finland | $1,416M | 2.51% |
| 27 | Ecuador | $1,335M | 2.05% |
| 28 | Egypt | $1,178M | 6.68% |
| 29 | New Zealand | $1,130M | 2.31% |
| 30 | Mexico | $942M | 0.69% |
| 31 | South Korea | $933M | 6.87% |
| 32 | South Africa | $790M | 2.25% |
| 33 | Colombia | $787M | 3.10% |
| 34 | Philippines | $710M | 1.81% |
| 35 | Pakistan | $632M | 3.66% |
| 36 | Thailand | $517M | 2.63% |
| 37 | Myanmar | $470M | 5.69% |
| 38 | Iran | $348M | 2.31% |
| 39 | Iraq | $348M | 6.91% |
| 40 | Ireland | $335M | 1.29% |
| 41 | Morocco | $334M | 2.57% |
| 42 | Chile | $250M | 3.04% |
| 43 | Dominican Republic | $234M | 4.32% |
| 44 | Malaysia | $183M | 2.19% |
| 45 | Nigeria | $177M | 1.10% |
| 46 | Guatemala | $155M | 1.05% |
| 47 | El Salvador | $122M | — |
| 48 | Ghana | $108M | 2.00% |
| 49 | Ivory Coast | $80M | 1.28% |
| 50 | Luxembourg | $74M | 1.29% |
| 51 | Tunisia | $62M | 1.73% |
| 52 | Bolivia | $57M | 1.16% |
| 53 | Paraguay | $51M | 2.30% |
| 54 | Sri Lanka | $50M | 1.08% |
| 55 | Honduras | $38M | 0.99% |
| 56 | Somalia | $36M | 0.25% |
| 57 | Burkina Faso | $21M | 2.35% |
| 58 | Uganda | $14M | 0.11% |
| 59 | Sierra Leone | $12M | 0.71% |
| 60 | Costa Rica | $0M | 0.00% |
| 61 | Iceland | $0M | 0.00% |
| 62 | Jordan | — | 18.15% |
| 63 | Syria | — | 13.47% |
| 64 | Burundi | — | 3.94% |
| 65 | Libya | — | 3.10% |
| 66 | Mali | — | 2.89% |
| 67 | Venezuela | — | 2.31% |
| 68 | Ethiopia | — | 1.93% |
| 69 | Benin | — | 1.75% |
| 70 | Madagascar | — | 1.54% |
| 71 | Togo | — | 0.55% |
Data source: SIPRI Military Expenditure Database. Values are in constant 2024 US dollars.