Lowy Institute
Asia Power Index
2020 Edition
  • Explore

  • Map
  • Measures
  • Data
  • Countries
  • Compare
  • Calculator
  • Power Gap
  • Network Power
  • Findings Report
  • Tools

  • More

  • About
  • Methodology
  • Lowy Institute

Military expenditure, market exchange rates

Estimated military expenditure, current dollars (2020)

Distribution of Asia Power Index countriesThis chart shows the distribution of countries based on their weighted score for military expenditure, market exchange rates. Embed

Military expenditure, market exchange rates

Estimated military expenditure, current dollars (2020)

  • Rankings
  • Indicators
Rank Score Trend Country / Territory
Weighting × 1 Source Year
  • 1 100.0 — United States
    $ 723 Bn 2020
  • 2 39.6 China
    $ 286 Bn 2020
  • 3 +1 10.0 India
    $ 72.3 Bn 2020
  • 4 −1 9.8 Russia
    $ 70.6 Bn 2020
  • 5 6.8 — Japan
    $ 48.8 Bn 2020
  • 6 5.6 — South Korea
    $ 40.7 Bn 2020
  • 7 3.7 — Australia
    $ 26.9 Bn 2020
  • 8 +1 1.6 — Singapore
    $ 11.5 Bn 2020
  • 9 −1 1.6 — Pakistan
    $ 11.4 Bn 2020
  • 10 1.5 — Taiwan
    $ 11.1 Bn 2020
  • 11 1.3 — Indonesia
    $ 9.63 Bn 2020
  • 12 1.0 — Thailand
    $ 7.60 Bn 2020
  • 13 0.9 — Vietnam
    $ 6.46 Bn 2020
  • 14 +2 0.6 — Philippines
    $ 4.70 Bn 2020
  • 15 +3 0.6 — Bangladesh
    $ 4.66 Bn 2020
  • 16 −1 0.6 — North Korea
    $ 4.47 Bn 2020
  • 17 −3 0.6 — Malaysia
    $ 4.24 Bn 2020
  • 18 −1 0.5 — Myanmar
    $ 3.57 Bn 2020
  • 19 0.3 — New Zealand
    $ 2.50 Bn 2020
  • 20 0.3 — Sri Lanka
    $ 1.91 Bn 2020
  • 21 0.1 — Nepal
    $ 1.04 Bn 2020
  • 22 +1 0.1 — Cambodia
    $ 593 M 2020
  • 23 −1 0.0 — Brunei
    $ 359 M 2020
  • 24 0.0 — Mongolia
    $ 106 M 2020
  • 25 0.0 — Papua New Guinea
    $ 82 M 2020
  • 26 0.0 — Laos
    $ 41 M 2020
Dataset