Based on a comparison of 152 countries in 2022, USA ranked the highest in military expenditure in USD prices with USD 877 bil followed by China and Russia. On the other end of the scale was Venezuela with USD 0.005 bil, Haiti with USD 0.013 bil and Gambia with USD 0.015 bil.
Data for more countries are available at Military Expenditure (USD) indicator page.
| Military Expenditure (USD) | Unit | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
| Australia | USD bil | 26.4 | 27.7 | 26.8 | 26.1 | 27.3 | ||||||||||||||||
| Canada | USD bil | 17.8 | 22.3 | 22.7 | 22.4 | 23.1 | ||||||||||||||||
| China | USD bil | 199 | 210 | 233 | 240 | 258 | ||||||||||||||||
| France | USD bil | 47.4 | 49.2 | 51.4 | 50.1 | 52.7 | ||||||||||||||||
| Germany | USD bil | 39.9 | 42.3 | 46.5 | 49.1 | 53.3 | ||||||||||||||||
| India | USD bil | 56.6 | 64.6 | 66.3 | 71.5 | 72.9 | ||||||||||||||||
| Israel | USD bil | 17.4 | 19.4 | 19.9 | 20.3 | 21.8 | ||||||||||||||||
| Italy | USD bil | 25.0 | 26.4 | 28.4 | 26.4 | 32.9 | ||||||||||||||||
| Japan | USD bil | 46.5 | 45.1 | 48.5 | 50.8 | 51.4 | ||||||||||||||||
| Russia | USD bil | 69.2 | 66.9 | 61.6 | 65.2 | 61.7 | ||||||||||||||||
| Saudi Arabia | USD bil | 63.7 | 70.4 | 74.6 | 65.4 | 64.6 | ||||||||||||||||
| South Korea | USD bil | 36.9 | 39.2 | 43.1 | 44.1 | 46.1 | ||||||||||||||||
| USA | USD bil | 640 | 647 | 682 | 734 | 778 | ||||||||||||||||
| Ukraine | USD bil | 2.94 | 3.25 | 4.17 | 5.42 | 5.92 | ||||||||||||||||
| United Kingdom | USD bil | 53.3 | 52.1 | 55.8 | 56.6 | 58.3 |
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