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FACT SHEET
Prepared by the Center for Defense Information
Ph: (202) 332-0600/Fax: (202) 462-4559
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Last of the Big Time Spenders:
U.S. Military Budget Still the World's Largest, and Growing
| Selected Countries |
Military Budget |
| United States |
$281 Billion |
| Russia* |
$64 |
| China* |
$37 |
| United Kingdom |
$37 |
| Japan |
$35 |
| France |
$30 |
| Germany |
$26 |
| Saudi Arabia |
$18 |
| Italy |
$17 |
| South Korea* |
$15 |
| Taiwan* |
$14 |
| Brazil |
$14 |
| India |
$10 |
| Turkey |
$8 |
| Australia |
$7 |
| Netherlands |
$7 |
| Israel |
$7 |
| Spain |
$6 |
| Canada |
$6 |
| Iran |
$6 |
| North Korea* |
$5 |
| Greece |
$4 |
| Kuwait |
$4 |
| Poland+ |
$3 |
| Pakistan |
$3 |
| Belgium |
$3 |
| Norway |
$3 |
| Denmark |
$3 |
| Egypt |
$3 |
| Syria |
$2 |
| Portugal |
$2 |
| Libya |
$1 |
| Iraq |
$1 |
| Vietnam |
$1 |
| Czech Republic+ |
$1 |
| Cuba |
$0.7 |
| Hungary+ |
$0.6 |
| Sudan |
$0.3 |
Figures are for latest year available, usually 1998. Expenditures are
used in a few cases where official budgets are much lower than actual spending.
* 1997 Expenditures
+ Became NATO members in March, 1999.
Table prepared by Center for Defense Information.
Sources: International Institute for Strategic Studies, Department
of Defense
"For 45 years of the Cold War we were in an arms race with the Soviet
Union. Now it appears we're in an arms race with ourselves."
Admiral Eugene Carroll, Jr., U.S. Navy (Ret.)
Deputy Director
Center for Defense Information

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