Military budgets by country 2017. In 2014 us military spending reached 571 billion a huge distance ahead of second placed chinas 1294. The 12 countries that spend the highest proportion of gdp on their military. Detailing the current military strength of united states including air force army navy financials and manpower.
Military spending amounted to 611 billion us. Icelands national security policy sets out risks that the country must address. List by the stockholm international peace research institute 2018 fact sheet for 2017 sipri military expenditure database.
No country worldwide comes close to matching the united states in military expenditure. In 2016 the us. Military spending in the years 2000 to 2016.
The database is updated annually which may include updates to data for any of the years included in the database. The military budget is the portion of the discretionary united states federal budget allocated to the department of defense or more broadly the portion of the budget that goes to any military related expendituresthe military budget pays the salaries training and health care of uniformed and civilian personnel maintains arms equipment and facilities funds operations and develops and. List by the international institute for strategic studies top 15 defence budgets 2017.
Ive always coveted the property and casualty insurance but have never been eligible so im with state farm. Im a big fan of usaa even though im non military. The united states is leading the statistics.
The statistic shows the us. The military expenditure of the united states in 2015 totaled up to 70606 billion us.