Military Spending by Country in 1998

In 1998, United States had the world's largest military budget at $560.0 billion, while Eritrea spent the highest share of its economy on defense at 32.5% of GDP.

Data updated: July 7, 2026

Full ranking

RankCountryUSD (millions)Percent of GDP
1United States$559,985M3.20%
2United Kingdom$59,265M2.48%
3France$50,172M2.25%
4Germany$48,563M1.38%
5Japan$36,107M0.91%
6Saudi Arabia$36,021M14.31%
7Italy$33,905M1.64%
8China$31,724M1.64%
9India$26,805M2.73%
10South Korea$20,037M2.79%
11Spain$18,407M1.76%
12Russia$15,842M2.73%
13Australia$15,356M1.87%
14Canada$14,794M1.26%
15Brazil$14,747M1.66%
16Israel$13,203M6.62%
17Taiwan$12,835M3.30%
18Netherlands$12,092M1.56%
19Turkey$11,449M3.18%
20Yemen$9,306M6.08%
21United Arab Emirates$9,059M8.63%
22Singapore$8,864M5.21%
23Greece$7,888M3.46%
24Poland$7,747M1.99%
25Switzerland$6,774M1.19%
26Belgium$6,461M1.42%
27Sweden$6,230M1.89%
28Sudan$6,003M2.38%
29Pakistan$5,041M5.42%
30Kuwait$5,040M8.80%
31Colombia$4,844M3.44%
32Ecuador$4,772M2.02%
33Denmark$4,550M1.61%
34Norway$4,363M2.16%
35Argentina$4,326M1.14%
36Mexico$4,200M0.41%
37Thailand$4,031M1.86%
38Austria$3,881M1.02%
39Czech Republic$3,595M1.74%
40Iran$3,162M2.63%
41Finland$3,073M1.46%
42Indonesia$3,012M1.02%
43Portugal$2,966M1.42%
44Romania$2,850M3.00%
45Chile$2,671M2.58%
46Croatia$2,599M5.55%
47Egypt$2,599M2.66%
48Algeria$2,525M3.97%
49Philippines$2,417M1.70%
50Morocco$2,219M3.46%
51South Africa$2,159M1.38%
52Oman$2,103M8.22%
53New Zealand$2,055M1.71%
54Peru$1,971M2.02%
55Ukraine$1,769M3.24%
56Malaysia$1,710M1.61%
57Bangladesh$1,501M1.42%
58Slovakia$1,481M1.74%
59Serbia$1,473M3.06%
60Sri Lanka$1,465M4.64%
61Hungary$1,392M1.27%
62Ireland$1,248M0.82%
63Lebanon$1,205M4.02%
64Ethiopia$1,187M7.28%
65Uruguay$1,105M2.26%
66Jordan$1,031M6.27%
67Bulgaria$978M2.13%
68Cyprus$754M4.68%
69Kazakhstan$691M1.15%
70Kenya$605M1.22%
71Slovenia$530M1.37%
72Bolivia$511M2.69%
73Myanmar$489M2.40%
74Bahrain$468M5.33%
75Nigeria$458M0.55%
76Guatemala$445M0.72%
77Tunisia$422M1.68%
78Brunei$417M7.53%
79Angola$404M2.64%
80Libya$399M4.67%
81Lithuania$391M1.22%
82Botswana$296M3.78%
83Cameroon$263M1.40%
84Dominican Republic$257M0.78%
85Luxembourg$243M0.71%
86Paraguay$226M1.54%
87Uganda$226M2.44%
88El Salvador$206M0.92%
89Armenia$205M3.53%
90Azerbaijan$202M2.41%
91Cambodia$194M2.66%
92Panama$177M0.95%
93Turkmenistan$174M3.34%
94Tanzania$170M1.60%
95Estonia$162M1.06%
96Belarus$160M1.00%
97North Macedonia$153M2.10%
98Guinea$134M1.25%
99Papua New Guinea$124M0.88%
100Senegal$123M1.18%
101Namibia$112M2.32%
102Burundi$107M6.57%
103Latvia$107M0.60%
104Rwanda$106M4.38%
105Albania$104M1.29%
106Madagascar$103M1.35%
107Nepal$103M0.76%
108Laos$94M2.59%
109Georgia$85M1.14%
110Kyrgyzstan$85M2.67%
111Jamaica$80M0.54%
112Mozambique$77M0.89%
113Burkina Faso$69M1.28%
114Mali$67M1.40%
115Ghana$54M0.33%
116Djibouti$52M5.65%
117Malta$50M0.73%
118Fiji$44M1.26%
119Nicaragua$44M0.74%
120Mongolia$42M1.91%
121Mauritania$41M1.86%
122Moldova$41M0.62%
123Niger$38M1.06%
124Zimbabwe$38M2.53%
125Democratic Republic of the Congo$37M0.43%
126Eswatini$37M1.65%
127Chad$32M0.60%
128Lesotho$26M2.85%
129Tajikistan$23M1.71%
130Malawi$15M0.34%
131Mauritius$15M0.20%
132Sierra Leone$15M0.64%
133Cape Verde$7M0.86%
134Guinea-Bissau$5M1.40%
135Gambia$4M0.38%
136Costa Rica$0M0.00%
137Iceland$0M0.00%
138Eritrea32.50%
139Syria5.81%
140Venezuela1.59%

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

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