Top 10 Countries With Highest Military Spending in 2023

Producer: Mehak Pal Editor: Nisha Dubey

According to a new data from the Stockholm International Peace Research Institute (SIPRI) Global military spending reached $2,443 billion in 2023, marking a significant 6.8 per cent increase from the previous year.

Here's a look at the top 10 countries with the highest military spending in 2023.

 United States $916 billion

China $296 billion (estimated)

 Russia $109 billion (estimated)

 India $83.6 billion

Saudi Arabia $ 75.8 billion (estimated)

United Kingdom $74.9 billion

 Germany $66.8 billion

Ukraine $64.8 billion

 France $61.3 billion

Japan $50.32 billion