Military expenditure baseline

Estimated military expenditure at defence sector purchasing power parity, current prices (2024)

Military expenditure baseline

Estimated military expenditure at defence sector purchasing power parity, current prices (2024)

rank

Year

Note Weighting × 0 Source Year

1 100.0 — United States

$ 939 Bn 2024
2 39.7 China

$ 373 Bn 2024
3 23.9 Russia

$ 225 Bn 2024
4 14.0 India

$ 132 Bn 2024
5 6.9 South Korea

$ 65.1 Bn 2024
6 6.5 — Japan

$ 61.2 Bn 2024
7 4.2 — Australia

$ 39.1 Bn 2024
8 3.8 — Taiwan

$ 36.1 Bn 2024
9 2.3 Pakistan

$ 21.8 Bn 2024
10 2.0 — Indonesia

$ 18.7 Bn 2024
11 1.9 — Singapore

$ 18.1 Bn 2024
12 +1 1.5 — Vietnam

$ 14.6 Bn 2024
13 −1 1.2 Thailand

$ 11.6 Bn 2024
14 +1 1.0 — Myanmar

$ 9.58 Bn 2024
15 −1 1.0 — Malaysia

$ 9.13 Bn 2024
16 1.0 — Philippines

$ 9.03 Bn 2024
17 +1 0.7 — Sri Lanka

$ 7.05 Bn 2024
18 −1 0.7 — Bangladesh

$ 6.19 Bn 2024
19 +1 0.4 — New Zealand

$ 3.42 Bn 2024
20 +1 0.1 — Cambodia

$ 1.41 Bn 2024
21 +2 0.1 — Brunei

$ 919 M 2024
22 0.1 — Nepal

$ 765 M 2024
23 −4 0.0 North Korea

$ 320 M 2024
24 0.0 — Mongolia

$ 317 M 2024
25 0.0 — Laos

$ 133 M 2024
26 0.0 — Papua New Guinea

$ 127 M 2024
27 0.0 — Timor-Leste

$ 72 M 2024