Military capability enhancement 2024‑35

Forecast absolute increase in military expenditure above existing levels at estimated defence sector purchasing power parity, constant 2024 prices (2025-35)

Military capability enhancement 2024-35

Forecast absolute increase in military expenditure above existing levels at estimated defence sector purchasing power parity, constant 2024 prices (2025-35)

rank

Year

Weighting × 1 Source Year

1 100.0 — United States

$ 213 Bn 2025-35
2 86.1 China

$ 183 Bn 2025-35
3 48.3 India

$ 103 Bn 2025-35
4 17.2 Russia

$ 36.7 Bn 2025-35
5 +2 6.0 Indonesia

$ 12.7 Bn 2025-35
6 −1 5.8 South Korea

$ 12.4 Bn 2025-35
7 −1 5.7 — Vietnam

$ 12.1 Bn 2025-35
8 +2 4.4 — Taiwan

$ 9.41 Bn 2025-35
9 −1 4.4 — Pakistan

$ 9.35 Bn 2025-35
10 −1 4.3 — Australia

$ 9.15 Bn 2025-35
11 3.1 — Philippines

$ 6.69 Bn 2025-35
12 +2 2.8 — Singapore

$ 5.99 Bn 2025-35
13 +2 2.3 — Malaysia

$ 4.97 Bn 2025-35
14 −2 2.2 — Japan

$ 4.63 Bn 2025-35
15 +3 2.1 Myanmar

$ 4.56 Bn 2025-35
16 −3 1.7 Bangladesh

$ 3.60 Bn 2025-35
17 −1 1.4 — Thailand

$ 3.05 Bn 2025-35
18 −1 1.1 Sri Lanka

$ 2.40 Bn 2025-35
19 0.5 — Cambodia

$ 1.03 Bn 2025-35
20 0.3 — New Zealand

$ 713 M 2025-35
21 0.2 — Nepal

$ 491 M 2025-35
22 0.2 — Brunei

$ 345 M 2025-35
23 0.1 — Mongolia

$ 267 M 2025-35
24 0.0 — Laos

$ 54 M 2025-35
25 0.0 — Papua New Guinea

$ 48 M 2025-35
26 0.0 — Timor-Leste

$ 24 M 2025-35
27 0.0 — North Korea

$ 14 M 2025-35

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Military capability enhancement 2024‑35

Military capability enhancement 2024-35