As of 2025, the top five countries with the highest military budgets are:
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United States: $895 billion
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China: $266.85 billion
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Russia: $126 billion
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India: $75 billion
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Saudi Arabia: $74.76 billion
These figures are sourced from Global Firepower's 2025 data.
It's important to note that military budgets can vary between sources due to differences in data collection methods and reporting standards. For instance, the International Institute for Strategic Studies (IISS) provides slightly different figures in its 2025 edition of "The Military Balance."
Additionally, geopolitical events, economic conditions, and policy decisions can influence defense spending, leading to fluctuations over time.
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