Military expenditure in current prices

The United States of America is the top country by military expenditure in the world. As of 2023, military expenditure in the United States of America was 916,015 million US dollars that accounts for 38.47% of the world's military expenditure. The top 5 countries (others are China, Russian Federation, India, and Saudi Arabia) account for 62.21% of it. The world's total military expenditure was estimated at 2,381,164 million US dollars in 2023.