Every nation must prepare itself against any potential attacks whether domestically or internationally. This will involves setting aside a massive amount of budget to enforce and develop a country's defense system.
However, there are countries out there that have spent billions of dollars to ensure the safety of their country and people as tension rises. Some of the countries listed below will have the highest military budgets in the world far surpassing other countries worldwide.
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Here we would like to share with you the list of those countries.
10. South Korea ($45.7 billion)
Due to the rising tensions with North Korea that never ends, the South Korean government has strengthened the country's military capability, which will come at a huge cost. Most of the spending being allocated will be to increase the military personnel and improve the defense missile system of the country.
The entire country's spending on the military amount to $45.7 billion.
9. Japan ($49.1 billion)
Confronting the threats that still exist from North Korea and rising tensions from countries bordering the South China Sea, the government of Japan has increased its military budget ever since then.
However, the prime minister has emphasized that they will keep on practicing the principle of pacifism that has been held on to for so long.
8. France ($52.7 billion)
Facing many threats from terrorists as well as the state of emergency, the French army has been given an increased amount of budget to keep the threats at bay. On top of that, it was believed that the French army might be among the earliest users of the new technology submarines powered by nuclear.
The French army has spent $52.7 billion on the military.
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7. Germany ($52.8 billion)
The government of Germany has announced an increase in the military budget after not doing it previously. The German chancellor, Angela Markel mentioned the increase in external threats that exist lately and the need for an increase in the military budget.
For the first time since the Cold War, the Ministry of Defence has added the number of the military to 14,300 as an initiative to reinforce the German army.
6. Saudi Arabia ($57.5 billion)
The country with the highest average spending in the world for its military stands at 13.9% of the total country's budget whereas others only allocate 2% for the same thing.
Not just that but Saudi Arabia is also the second-largest buyer of weaponry in the world with its main trade partners, the USS, France, and the UK.
5 United Kingdom ($59.2 billion)
One of the countries that are capable of following the rules set by NATO by spending 2% of the country's GDP on the military. The UK military spending was increased by 0.5% until 2021 to provide new military equipment to the UK Special Forces.
Their government also suggested increasing the number of Navy personnel by 700.
4. Russia ($61.7 billion)
With an increase in its military budget since 1998, this figure has been on an increasing trend from year on out. All of this is due to the rising tensions between Russia and Ukraine as well as the whole world as the US and Europe impose sanctions on Russia's economy.
This has impacted Russia's military as more budget is needed to supplement the war.
3. India ($72.9 billion)
India has become the third-largest country in the world for its military spending and not just that but it is also the number 1 importer of weaponry in the world. If that is not enough India is also among the countries with nuclear technology.
This figure will probably increase in the future as the country prepares itself against any potential attacks from neighboring countries.
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2. China ($252 billion)
It is truly different to see the budgets between China and India as the number has increased dramatically. Since the government of China has made a lot of claims on the islands in the Pacific Ocean, the government has also made adjustments to the country's military power.
The budget for the country's military has been increased by as much as a whopping 43% despite the country's economy moving at a slower pace than expected. It is predicted that military spending will be even more in the future as it tries to catch up with the US.
1. United States of America ($778 billion)
Even though the US has allocated an immense amount of budget of $778 billion, this figure is only around 3% of the country's GDP. It was reported that around 60% of the budget will be allocated to planes, support missions, warships, and the development of control programs to protect the country's interests as well as its safety.
The US stands above all countries for being the country with the highest military spending in the world.
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