Military spending per armed forces personnel by country

Total military expenditure divided by armed forces personnel. This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.

Countries reporting
157
Highest
676,306 constant 2024 US$
United States
Lowest
0 constant 2024 US$
Panama
Median
25,814 constant 2024 US$
Years covered
36
1985–2020
Data points
4,610

What the numbers show

Military spending per armed forces personnel is currently reported for 157 countries. The highest value is 676,306 constant 2024 US$ in United States; the lowest is 0 constant 2024 US$ in Panama.

The median across all reporting countries is 25,814 constant 2024 US$, and the mean is 77,233 constant 2024 US$.

Over the past decade 113 countries rose and 41 fell. The largest increase was in Libya (up 4,893.5%), and the largest decrease in South Sudan (down 85.5%).

Military spending per armed forces personnel: full country ranking

#Country LatestYear 10-year changeTrend
1 United States 676,306 constant 2024 US$ 2020 down 0.0% rising
2 Yemen 615,959 constant 2024 US$ 2014 up 549.0% volatile
3 Australia 521,125 constant 2024 US$ 2020 up 22.3% rising
4 United Kingdom 463,783 constant 2024 US$ 2020 up 3.5% rising
5 Sweden 450,217 constant 2024 US$ 2020 up 72.9% volatile
6 United Arab Emirates 441,390 constant 2024 US$ 2014 up 70.0% rising
8 Canada 374,715 constant 2024 US$ 2020 up 22.7% rising
9 Netherlands 367,337 constant 2024 US$ 2020 up 21.9% rising
10 Denmark 355,255 constant 2024 US$ 2020 up 41.4% rising
11 Libya 336,927 constant 2024 US$ 2013 up 4,893.5% volatile
12 Germany 330,155 constant 2024 US$ 2020 up 75.1% rising
13 Switzerland 326,305 constant 2024 US$ 2020 up 60.4% volatile
14 Kuwait 318,743 constant 2024 US$ 2020 up 19.9% volatile
15 New Zealand 317,716 constant 2024 US$ 2020 up 47.8% rising
16 Norway 301,759 constant 2024 US$ 2020 up 39.1% rising
17 Belgium 253,496 constant 2024 US$ 2020 up 48.7% rising
18 Saudi Arabia 251,583 constant 2024 US$ 2020 up 2.0% rising
19 Qatar 200,435 constant 2024 US$ 2010 up 60.5% volatile
20 Singapore 199,835 constant 2024 US$ 2020 up 167.5% volatile
21 Finland 197,270 constant 2024 US$ 2020 up 21.9% rising
22 Austria 196,170 constant 2024 US$ 2020 up 29.7% rising
23 France 190,918 constant 2024 US$ 2020 up 21.3% rising
24 Equatorial Guinea 170,786 constant 2024 US$ 2020 down 50.0% volatile
25 Czechia 160,610 constant 2024 US$ 2020 up 36.9% rising
26 Japan 150,681 constant 2024 US$ 2020 up 8.2% rising
28 Estonia 137,550 constant 2024 US$ 2020 up 69.8% volatile
29 Oman 137,278 constant 2024 US$ 2020 up 46.3% rising
30 Slovakia 137,262 constant 2024 US$ 2020 up 50.1% rising
31 Israel 125,178 constant 2024 US$ 2020 up 36.6% rising
32 Latvia 104,649 constant 2024 US$ 2020 up 45.0% volatile
33 Italy 104,523 constant 2024 US$ 2020 up 10.5% rising
34 China 100,945 constant 2024 US$ 2020 up 126.0% volatile
35 Spain 99,005 constant 2024 US$ 2020 up 4.3% rising
36 Poland 98,898 constant 2024 US$ 2020 up 9.9% rising
37 Slovenia 94,703 constant 2024 US$ 2020 up 34.6% rising
38 South Korea 80,076 constant 2024 US$ 2020 up 67.2% rising
39 Bahrain 76,910 constant 2024 US$ 2020 up 47.1% rising
40 Hungary 74,138 constant 2024 US$ 2020 up 81.5% rising
41 Portugal 70,125 constant 2024 US$ 2020 up 57.8% rising
42 Uruguay 67,573 constant 2024 US$ 2020 up 56.9% rising
43 Botswana 60,449 constant 2024 US$ 2020 up 84.1% rising
44 Ecuador 60,332 constant 2024 US$ 2020 up 27.7% volatile
45 Brunei 59,390 constant 2024 US$ 2020 up 29.4% falling
46 Croatia 58,802 constant 2024 US$ 2020 up 14.0% rising
47 Seychelles 56,493 constant 2024 US$ 2018 up 85.6% rising
48 Serbia 52,384 constant 2024 US$ 2020 up 21.4% volatile
49 Romania 50,816 constant 2024 US$ 2020 up 205.8% volatile
50 Chile 50,602 constant 2024 US$ 2020 up 11.5% rising
51 Kenya 47,176 constant 2024 US$ 2020 up 46.0% falling
53 Russia 46,194 constant 2024 US$ 2020 up 31.7% rising
54 Jamaica 44,915 constant 2024 US$ 2020 down 8.1% rising
55 Greece 43,999 constant 2024 US$ 2020 down 16.9% rising
56 Lithuania 41,495 constant 2024 US$ 2020 up 138.1% rising
57 Cyprus 41,305 constant 2024 US$ 2020 up 13.2% falling
58 Burkina Faso 41,029 constant 2024 US$ 2020 up 238.7% volatile
59 Argentina 40,524 constant 2024 US$ 2020 down 9.9% falling
60 South Africa 40,436 constant 2024 US$ 2020 down 8.3% rising
61 Gabon 39,462 constant 2024 US$ 2020 down 12.3% falling
62 Trinidad and Tobago 38,762 constant 2024 US$ 2020 down 28.8% rising
63 Bulgaria 38,339 constant 2024 US$ 2020 up 136.9% volatile
64 Algeria 37,491 constant 2024 US$ 2020 up 83.1% volatile
65 Mozambique 37,287 constant 2024 US$ 2020 up 217.3% volatile
66 Azerbaijan 36,845 constant 2024 US$ 2020 up 98.9% volatile
67 Mexico 34,901 constant 2024 US$ 2020 up 89.9% rising
68 Albania 33,424 constant 2024 US$ 2020 up 68.4% volatile
69 Turkey 33,166 constant 2024 US$ 2020 up 90.0% rising
70 Sudan 32,595 constant 2024 US$ 2020 down 84.8% volatile
71 Brazil 31,762 constant 2024 US$ 2020 down 8.5% flat
72 Philippines 31,145 constant 2024 US$ 2020 up 68.2% rising
73 Haiti 30,834 constant 2024 US$ 2020 down 58.8% volatile
74 Guyana 30,165 constant 2024 US$ 2020 up 86.7% volatile
75 Kazakhstan 29,902 constant 2024 US$ 2020 down 16.3% volatile
76 Tunisia 29,164 constant 2024 US$ 2020 up 140.7% rising
77 Niger 27,682 constant 2024 US$ 2020 up 293.7% volatile
78 Colombia 27,488 constant 2024 US$ 2020 up 27.4% flat
79 Congo 26,596 constant 2024 US$ 2020 up 25.0% volatile
80 India 26,144 constant 2024 US$ 2020 up 19.7% rising
81 Uzbekistan 26,062 constant 2024 US$ 2018 up 4,404.2% volatile
82 Guinea 25,814 constant 2024 US$ 2020 down 23.2% rising
83 Cote d'Ivoire 25,258 constant 2024 US$ 2020 up 2.6% rising
84 Uganda 25,253 constant 2024 US$ 2020 up 54.5% volatile
85 Malaysia 25,198 constant 2024 US$ 2020 down 6.6% rising
86 Namibia 25,085 constant 2024 US$ 2020 up 22.9% rising
87 Tanzania 24,918 constant 2024 US$ 2020 up 105.9% volatile
88 Ukraine 24,352 constant 2024 US$ 2020 up 55.3% volatile
89 Papua New Guinea 23,831 constant 2024 US$ 2020 up 22.1% flat
90 East Timor 23,610 constant 2024 US$ 2020 down 34.0% falling
91 Lesotho 22,477 constant 2024 US$ 2020 down 24.9% rising
92 Morocco 21,729 constant 2024 US$ 2020 up 54.0% rising
93 Bangladesh 20,749 constant 2024 US$ 2020 up 78.8% rising
94 Senegal 20,668 constant 2024 US$ 2020 up 79.5% rising
95 Armenia 19,870 constant 2024 US$ 2020 up 88.6% volatile
96 Fiji 19,598 constant 2024 US$ 2020 up 7.4% rising
97 Jordan 19,409 constant 2024 US$ 2020 down 0.2% rising
98 Peru 19,177 constant 2024 US$ 2020 up 37.7% volatile
99 Togo 18,957 constant 2024 US$ 2020 up 170.5% rising
100 Honduras 18,773 constant 2024 US$ 2020 up 46.4% rising
101 Bosnia and Herzegovina 18,129 constant 2024 US$ 2020 down 18.0% falling
102 Mali 16,496 constant 2024 US$ 2020 up 27.6% volatile
103 Kyrgyzstan 16,101 constant 2024 US$ 2020 up 37.6% rising
104 Zambia 15,998 constant 2024 US$ 2020 up 21.1% rising
105 Georgia 15,976 constant 2024 US$ 2020 down 2.7% volatile
106 Thailand 15,664 constant 2024 US$ 2020 up 13.9% falling
107 Belize 15,394 constant 2024 US$ 2020 down 16.2% rising
108 Ghana 14,845 constant 2024 US$ 2020 up 148.5% rising
109 Vietnam 14,806 constant 2024 US$ 2020 up 95.4% volatile
110 Indonesia 14,317 constant 2024 US$ 2020 up 80.4% rising
111 Paraguay 14,052 constant 2024 US$ 2020 up 52.6% falling
112 Cameroon 13,391 constant 2024 US$ 2020 down 27.5% flat
113 Eswatini 13,082 constant 2024 US$ 1999 up 270.9% rising
114 Lebanon 13,016 constant 2024 US$ 2020 down 50.1% volatile
115 Angola 12,542 constant 2024 US$ 2020 down 61.6% volatile
116 Cape Verde 12,336 constant 2024 US$ 2020 up 71.7% rising
117 Pakistan 12,198 constant 2024 US$ 2020 up 63.3% rising
118 North Macedonia 11,646 constant 2024 US$ 2020 down 42.7% rising
119 Iraq 11,555 constant 2024 US$ 2020 up 123.9% volatile
120 Moldova 11,273 constant 2024 US$ 2020 up 146.8% rising
121 Mauritania 10,935 constant 2024 US$ 2020 up 67.7% rising
122 Iran 10,059 constant 2024 US$ 2020 down 33.6% rising
123 Dominican Republic 10,026 constant 2024 US$ 2020 up 1.9% rising
124 Turkmenistan 9,904 constant 2024 US$ 1999 down 5.9% falling
125 Guatemala 9,659 constant 2024 US$ 2020 up 4.3% falling
126 El Salvador 9,530 constant 2024 US$ 2020 up 19.5% falling
127 Liberia 8,915 constant 2024 US$ 2020 down 53.0% rising
128 Somalia 8,776 constant 2024 US$ 2020 up 145.0% rising
129 Chad 8,628 constant 2024 US$ 2020 down 61.6% volatile
130 Montenegro 8,523 constant 2024 US$ 2020 up 20.1% rising
131 Nicaragua 8,167 constant 2024 US$ 2020 up 71.2% rising
132 Bolivia 7,874 constant 2024 US$ 2020 down 28.2% falling
133 Myanmar 7,191 constant 2024 US$ 2020 up 24.3% volatile
134 Guinea-Bissau 7,109 constant 2024 US$ 2020 up 131.5% volatile
135 Nigeria 6,824 constant 2024 US$ 2020 down 21.8% rising
136 Mauritius 6,655 constant 2024 US$ 2020 down 20.8% falling
137 Malawi 6,405 constant 2024 US$ 2020 down 24.0% volatile
138 Mongolia 6,385 constant 2024 US$ 2020 up 69.9% rising
139 Benin 6,087 constant 2024 US$ 2020 down 19.2% falling
140 Belarus 5,738 constant 2024 US$ 2020 up 98.3% rising
141 Tajikistan 5,405 constant 2024 US$ 2020 up 67.4% volatile
142 Sri Lanka 5,355 constant 2024 US$ 2020 down 32.2% volatile
143 Central African Republic 4,842 constant 2024 US$ 2020 down 79.6% volatile
144 Madagascar 4,523 constant 2024 US$ 2020 up 43.0% rising
145 Gambia 4,400 constant 2024 US$ 2020 down 58.1% volatile
146 Rwanda 4,381 constant 2024 US$ 2020 up 96.1% volatile
147 Nepal 4,320 constant 2024 US$ 2020 up 96.0% rising
148 Sierra Leone 4,236 constant 2024 US$ 2020 up 40.8% falling
149 Djibouti 3,979 constant 2024 US$ 2008 down 4.0% volatile
150 Egypt 3,872 constant 2024 US$ 2020 down 5.2% falling
151 Ethiopia 3,698 constant 2024 US$ 2020 down 3.4% rising
152 Cambodia 3,640 constant 2024 US$ 2020 up 170.0% volatile
153 Democratic Republic of Congo 2,978 constant 2024 US$ 2020 up 89.8% volatile
154 Burundi 2,840 constant 2024 US$ 2020 up 77.6% volatile
155 Zimbabwe 2,069 constant 2024 US$ 2020 up 341.3% volatile
156 Laos 168.94 constant 2024 US$ 2013 down 14.9% volatile
157 South Sudan 162.56 constant 2024 US$ 2020 down 85.5% volatile
158 Costa Rica 0 constant 2024 US$ 2020 flat
158 Iceland 0 constant 2024 US$ 2016 flat
158 Panama 0 constant 2024 US$ 2020 volatile

About this data

Indicator
Military spending per armed forces personnel
Unit
constant 2024 US$
Source
Stockholm International Peace Research Institute (2026); The Military Balance - International Institute for Strategic Studies, via World Bank (2026) – with major processing by Our World in Data
Licence
CC BY 4.0 (Our World in Data)
Coverage
160 places, 4,610 data points, 1985–2020
Last refreshed

Total military expenditure divided by armed forces personnel. This data is expressed in US dollars. It is adjusted for inflation but does not account for differences in the cost of living between countries.