Military Spending by Country in 2003

In 2003, United States had the world's largest military budget at $751.2 billion, while Eritrea spent the highest share of its economy on defense at 20.9% of GDP.

Data updated: July 7, 2026

Full ranking

RankCountryUSD (millions)Percent of GDP
1United States$751,203M3.83%
2United Kingdom$70,950M2.54%
3China$61,696M1.97%
4France$52,428M2.11%
5Germany$47,435M1.30%
6Italy$38,283M1.70%
7Japan$36,969M0.93%
8India$33,902M2.68%
9Saudi Arabia$33,271M8.69%
10Russia$29,797M3.67%
11South Korea$22,622M2.18%
12Spain$19,448M1.42%
13Australia$17,742M1.84%
14Canada$15,950M1.11%
15Yemen$15,824M6.85%
16Brazil$15,322M1.50%
17Israel$14,074M6.20%
18Netherlands$12,668M1.44%
19United Arab Emirates$11,674M4.69%
20Turkey$11,097M3.26%
21Taiwan$10,593M2.35%
22Singapore$9,521M4.84%
23Poland$8,092M1.90%
24Sudan$7,175M1.86%
25Greece$7,163M2.56%
26Colombia$6,347M3.46%
27Pakistan$6,272M4.09%
28Kuwait$6,249M6.54%
29Belgium$6,133M1.22%
30Sweden$6,061M1.59%
31Switzerland$5,624M0.93%
32Norway$4,930M1.97%
33Iran$4,924M2.41%
34Czech Republic$4,489M1.88%
35Denmark$4,455M1.46%
36Mexico$4,352M0.39%
37Egypt$3,881M3.18%
38Austria$3,867M0.92%
39Malaysia$3,781M2.61%
40Argentina$3,672M1.06%
41Finland$3,492M1.45%
42Indonesia$3,402M0.91%
43Thailand$3,389M1.23%
44Algeria$3,387M3.00%
45Chile$3,355M2.70%
46Portugal$3,337M1.43%
47Oman$3,191M7.96%
48South Africa$2,945M1.47%
49Philippines$2,790M1.55%
50Romania$2,634M2.09%
51Morocco$2,594M3.49%
52Hungary$2,272M1.65%
53Ukraine$2,097M2.75%
54Vietnam$1,998M2.13%
55Angola$1,950M3.76%
56New Zealand$1,940M1.33%
57Slovakia$1,631M1.85%
58Peru$1,628M1.51%
59Bangladesh$1,579M1.20%
60Qatar$1,561M3.33%
61Lebanon$1,555M4.68%
62Serbia$1,541M3.10%
63Ireland$1,324M0.59%
64Bulgaria$1,299M2.69%
65Ecuador$1,287M2.39%
66Jordan$1,191M6.00%
67Croatia$1,165M2.03%
68Kazakhstan$1,155M1.03%
69Sri Lanka$1,096M2.87%
70Uruguay$890M2.24%
71Nigeria$793M0.57%
72Kenya$791M1.65%
73Ethiopia$764M3.30%
74Bahrain$747M4.66%
75Slovenia$643M1.42%
76Myanmar$634M1.96%
77Guatemala$517M0.82%
78Libya$516M2.02%
79Bolivia$475M2.15%
80Tunisia$467M1.48%
81Lithuania$446M1.12%
82Azerbaijan$425M2.43%
83Latvia$409M1.68%
84Botswana$392M4.01%
85Cyprus$389M1.99%
86Estonia$383M1.74%
87Brunei$361M3.71%
88Ivory Coast$337M1.01%
89Cameroon$319M1.38%
90Bosnia and Herzegovina$308M2.42%
91Dominican Republic$303M0.76%
92Guinea$298M2.44%
93Luxembourg$298M0.67%
94Uganda$291M1.69%
95Armenia$248M2.73%
96Nepal$234M1.39%
97Belarus$232M9.16%
98El Salvador$212M0.84%
99North Macedonia$195M2.34%
100Honduras$186M1.00%
101Tanzania$186M1.07%
102Albania$171M1.32%
103Democratic Republic of the Congo$169M0.88%
104Gabon$167M1.67%
105Republic of the Congo$163M2.43%
106Cambodia$161M1.34%
107Namibia$156M2.62%
108Paraguay$154M0.83%
109Senegal$146M1.12%
110Burundi$125M5.53%
111Kyrgyzstan$123M2.87%
112Mauritania$115M4.00%
113Madagascar$111M1.32%
114Mozambique$111M0.91%
115Jamaica$101M0.58%
116Mali$101M1.42%
117Georgia$98M1.07%
118Trinidad and Tobago$88M0.29%
119Rwanda$83M2.45%
120Burkina Faso$81M1.07%
121Djibouti$77M
122Chad$73M0.97%
123Zimbabwe$70M2.03%
124Ghana$63M0.30%
125Fiji$61M1.49%
126Nicaragua$61M0.86%
127Mongolia$52M1.51%
128Malta$51M0.63%
129Benin$50M0.65%
130Togo$49M1.37%
131Tajikistan$46M1.12%
132Papua New Guinea$45M0.35%
133Sierra Leone$44M1.28%
134Eswatini$42M1.48%
135Uzbekistan$42M0.43%
136Niger$40M0.93%
137Moldova$35M0.42%
138Guyana$33M2.20%
139Central African Republic$32M1.26%
140Lesotho$27M2.37%
141Laos$26M0.49%
142Mauritius$17M0.19%
143Malawi$15M0.29%
144Guinea-Bissau$13M1.58%
145Cape Verde$8M0.65%
146Gambia$4M0.23%
147Costa Rica$0M0.00%
148Iceland$0M0.00%
149Panama$0M0.00%
150Eritrea20.87%
151Syria6.25%
152Venezuela1.18%

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

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