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      FACT SHEET
       Prepared by the Center for Defense Information
       Ph: (202) 332-0600/Fax: (202) 462-4559
       
      By Christopher Hellman, Senior Analyst
      July 16, 2001
       

      Last of the Big Time Spenders:

      U.S. Military Budget Still the World's Largest, and Growing

      Selected Countries Military Budget
      United States $343.2 Billion
      Russia*  $56.0
      Japan  $45.6
      China*  $39.5
      United Kingdom  $34.5
      France  $27.0
      Germany  $23.3
      Saudi Arabia  $18.7
      Italy  $16.0
      Brazil*  $16.0
      India  $15.9
      South Korea  $12.8
      Taiwan  $12.8
      Turkey  $7.7
      Canada  $7.6
      Iran  $7.5
      Australia  $7.1
      Israel  $7.0
      Spain  $7.0
      Netherlands  $6.2
      Greece  $3.3
      Pakistan  $3.3
      Poland  $3.2
      Norway  $2.9
      Kuwait  $2.6
      Belgium  $2.5
      Egypt  $2.5
      Denmark  $2.3
      Syria  $1.8
      Portugal  $1.6
      Iraq*  $1.4
      North Korea  $1.3
      Yugoslavia  $1.3
      Czech Republic  $1.2
      Libya  $1.2
      Vietnam  $1.0
      Cuba*  $0.8
      Hungary  $0.8
      Sudan  $0.4

      Figures are for latest year available, usually 2000. Expenditures are used in a few cases where official budgets are significantly lower than actual spending.

      * 1999 Funding

      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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