LIST OF COUNTRIES BY MILITARY EXPENDITURES
In this article you will came to know top 10 countries by military expenditures and
defence budget .
Every year some country increases or decreases the budget according to their need this article will provide you fully updated and correct information and ranks of the countries according to there military defence budget
10. SOUTH KOREA ( USD 42 billion)
South Korea unveiled the 2019 budget plan that would mark the biggest defense budget growth in 11 years to modernize the military in accordance with the scheduled reduction of troops.
Defense budget for 2019 is 42 billion U.S. dollars up 8.2 percent from year 2018 defense cost. It marked the biggest increase since 2008 and nearly doubled the average growth rate of 4.4 percent between 2010 and 2017.
The budget would be spent mainly on modernizing and connecting the railways and roads across the inter-Korean border in accordance with progress in the denuclearization process. A joint survey for the railway and road projects has been underway between the two Koreas.
The main part of the defense budget (about 28 bn USD) is dedicated to the maintenance of troops and military assets, a hike of 5.7% from 2018. The Defense ministry wants to improve training methods as well as upgrading uniforms and combat gear to bring them in line with cutting-edge military technology.
Troops will also get more medical support, receive better training, and living conditions in barracks will be enhanced.
About 14 billion dollars will be spent on the development and improvement of defense capabilities, such as the acquisition of state-of-the-art weaponry like aircraft and naval destroyers. This category saw a more than 13% increase compared to the last budget.
About 4.5 billion dollars will be spent on establishing the three-pronged military strategy to counter North Korean threats, as well as future unknown threats. They are namely the Kill Chain pre-emptive strike system, the Korean Air and Missile Defense system, and the Korea Massive Punishment and Retaliation strategy
Another 4.7 billion dollars will be dedicated to strengthening the command control system, in line with preparations for the transfer of wartime operational control from Washington to Seoul
About 9 million dollars will be allocated for the implementation of the inter-Korean military agreement, such as the removal of some front-line guard posts in the Demilitarized Zone.
Another 10 million dollars will be set aside for projects linked to the recovery of Korean War remains.
9. FRANCE ( USD 42.2 billion)
French President Emmanuel Macron has formally signed into law a new multiyear defense budget, clearing the way for a funding boost for procurement for the Air Force, Army and Navy.
France presently commits 1.78 percent of GDP to the military, with spending due to rise to 1.91 percent in 2023 and reaching 2 percent by 2025.
The planned annual increase will be USD 1.94 billion from 2019 to 2022, with an annual USD 3.42 billion increase in the succeeding years.
Some USD 865 million will be set aside on research and development studies, a step toward a pledge to spend
USD 1.14 billion on R&D annually.
Some USD 4.79 billion will be spent on service support, mostly dedicated to aircraft maintenance.
Among the larger European economies, France and the United Kingdom are the only significant spenders on defense.
The two together account for 40 percent of European Union (EU) defense spending. Each spends well over 2 percent of gross domestic product (GDP), while most other EU countries spend less than 1.5 percent of GDP.
A wide range of purchases has been announced for 2019.
It is a good year for the French Navy, which will receive no less than five new ships:
The Aquitaine (FREMM)-class frigate Normandie , two BSAH high seas support ships, one PLG light patrol ship, and one B2M multi-mission ship. The PLG and the B2M will be based in the French Antilles.
In 2019 the navy will also order the first three 26,000-tonne support ships from the FLOTLOG programme.
Entry into service for the first two is expected in 2025. After a delay of several years, six patrol craft from the BATSIMAR programme will also be ordered.
The French naval aviation arm, meanwhile, will receive two upgraded Atlantique 2 maritime patrol aircraft, one upgraded E-2C Hawkeye, and two new NH90 Caïman helicopters.
In terms of munitions, the navy will get 48 Aster 30 missiles, 6 Artemis heavy torpedoes, and a first batch of submarine-launched cruise missiles for the future
Barracuda nuclear-powered attack submarine.
8. JAPAN ( USD 47 billion)
Japan’s government has announced that its defence budget will rise to a record USD 47 billion for the next fiscal year, as Tokyo beefs up its missile defence and deploys stealth jets in a bid to counter China
The defence spending was part of a USD 912 billion national budget for the fiscal year starting on April 1, 2019, approved by the cabinet of Prime Minister Shinzo Abe.
The defence funding will cover the cost of introducing the US military’s Aegis Ashore land-based missile interceptor system, the officials said.
The 2019 allocation covers six F-35A stealth jets, and part of it will be spent on Japan’s first aircraft carriers since World War II.
A mid-term defense plan also endorsed setting aside USD 240 billion over five years beginning in fiscal 2019 to pave the way for beefing up weapons and defense equipment.
Japan’s military wish list prioritizes the upgrade of two self defense force ships with “offensive” aircraft carrier capabilities — mainly to accommodate F-35B stealth fighter jets on board.
The defense build up program carries a hefty price tag of 5.26 trillion yen ($48 billion dollars) — the highest figure for the seventh consecutive year signalling a sudden shift from a post war self-defense only posture.
The budget also covers the cost of six F-35A stealth jets, nine Northrup Grumman E-2D Advanced Hawkeye early-warning aircraft, and the start of construction of Japan’s first aircraft carriers since World War II.
A five-year plan, through 2024, envisions the additional purchase of 105 U.S.-made F-35 fighter planes, as well as investments in cyberwarfare capabilities and defense-related space technology.
7. GERMANY ( USD 49.12 billion)
The German military has received a hefty boost in a revised budget plan from 2020 after Defence Minister Ursula von der Leyen refused to sign off the previous draft.
Finance Minister Olaf Scholz on Monday proposed adding USD 6.5 billion to the planned military budget from 2020, to buy more ships, fighter jets and other weaponry over several years, on top of a more modest USD 368 million boost in 2019.
Germany is under pressure from US President Donald Trump to boost its military spending to 2% of gross domestic product from the current 1.2% — an issue that has sparked great debate within the ruling coalition.
The budget for the MKS 180 multirole combat ship, the priority project for 2019, sees a USD 54 million increase from USD 167 million to USD 222 million.
The German Bundeswehr will recive in 2019 12% more money.
Overall the budget is USD 49.1 billion the fifth increase in a row.
The main investments in new equipment
USD 6.3 billion new transport helicopter(60 units) as replacement for CH-53. (CH-53K or CH-47F)
new airdefence system TLVS
new MKS 180 (6 x frigate class ships ~10.000to nearly twice as large as the current Sachsen class with 5.800to)
USD 1.7 billion investment for new clothing and personal gear.
Some lawmakers expressed opposition to the 2019 fiscal budget, suggesting other sectors and areas, such as renewable energy, should be prioritized over defense.
Further increases are planned for the next two years — next year, the defense budget is due to reach nearly
USD 49 billion
Early last month, Chancellor Angela Merkel promied that Germany’s defense spending would reach 1.5 percent of GDP by 2025 — about USD 57 billion.
6. UNITED KINGDOM ( USD 49.48 billion)
The UK Ministry of Defence has issued a new Defence Equipment Plan, detailing how the government will spend USD 243 billion on military wares over the next decade amid an expected USD 9.1 billion shortfall.
The plan sets out to ensure that sufficient funding for all major programs is applied, while in turn meeting the UK’s pledge to maintain a commitment to 2 percent of GDP on defense.
Of that amount, 20 percent is earmarked for equipment.
Both the MoD itself and the National Audit Office (NAO) have highlighted that there is an affordability challenge in the new plan.
However, with the coming four years predicted to pose the biggest test to the procurement proposal. Annual budget variances between 6.5 percent and 10 percent are expected during that time, according to government analysts.
The plan says that the central estimate for the cost of the plan at April 2018 exceeded the allocated budget by an average of 3.7 percent over the coming decade, adding that this prediction will fluctuate as projects play out.
The NAO’s published response to the new plan claims that it remains unaffordable, and forecasted that costs of £7 billion will come due over the coming ten years. Most of that shortfall, 84 percent, will be felt in the first four years
Submarines have the largest budget allocation from the £186 billion set aside under the new plan, taking a £44.6 billion share.
Combat air programs are set to receive USD 22.97 billion, with associated surveillance and target acquisition systems set at USD 5.63 billion.
Support of aerial platforms is slated at USD 24.4 billion, followed by land systems at USD 24.17 billion, weapons at USD 18.13 billion, and rotorcraft at USD 12.6 billion.
5. SAUDI ARABIA ( USD 51 bllion)
Saudi Arabia will cut military spending for a second straight year in 2019, when education is set to overtake it as the budget’s biggest item,
according to official published projections
The Saudi armed forces are among the world’s leading weapons buyers, a role often cited by President Donald Trump to defend America’s close alliance with the kingdom.
But they’ll have 12 percent less to spend next year, after getting allocated a budget of USD 51 billion. Spending on education will also drop, by 6 percent .
Overall outlays are projected to rise 7 percent as the kingdom boosts capital investment.
Earlier , King Salman didn’t include soldiers fighting in the war in his decision to renew a package of cost-of-living allowances for another year.
Saudi Arabia heads a coalition that intervened in Yemen in 2015 to support the government against pro-Iranian rebels.
The two sides agreed to a ceasefire in a key port city this month.
While the financial allocations for the military sector have declined, they have risen significantly for other sectors. Expenditures on municipal services will rise by 15 percent in 2019, transport spending will rise by 28 percent and health spending will rise by eight percent.
The kingdom’s public budget for 2019 sees an increase in public spending by seven percent, while the Saudi government expects revenue to increase by nine percent.
Saudi Arabia has accumulated a record high USD 149 billion in public debt in 2018, according to data released by the Ministry of Finance, an increase of 26.3 percent compared to last year.
However, more importantly, Saudi Arabia’s public debt ratio to GDP has reached its highest level since before the 2008 global financial crisis.
At 19.1 percent of the country’s gross domestic product, it is a debt to GDP ratio that the country has not exceeded since 2006, according to Saudi newspaper Aleqtisadiah.
4. RUSSIA ( USD 61 billion)
Russian President Vladimir Putin said Monday that he plans to reduce military spending in 2018 and 2019 as the country will mainly focus on solving domestic problems.
The reduction will not undermine Russia’s defense capabilities because it invested in creating new weapon systems in previous years, Putin said at a meeting in the Kremlin with other candidates of the March 18 presidential election.
“We will do everything to ensure that all disputes with our partners are settled through political and diplomatic means… We will not engage in arms race,” he said, according to an official transcript of the meeting.
Putin said the government will focus on domestic issues in the future, including economic growth, innovation, health, education, science, infrastructure and the well-being of people.
According to preliminary data from the Central Election Commission, Putin won a fourth presidential term on Sunday, garnering more than 76 percent of ballots. He will lead Russia through 2024
According to Medvedev in 2019, the government will manage to fully restore the system of protecting the budget from external shocks. This system earlier helped the national economy to cope with the first global crisis of 2008-2009 and in 2014, when the second wave of the crisis began and Russia faced Western sanctions.
for more informtion on russia defence budget visit : https://en.wikipedia.org/wiki/Military_budget_of_the_Russian_Federation
3. INDIA ( USD 62.8)
In 2017, India has spent 2.5% of its GDP in military, while China has spent 1.9% of the GDP in military. The government’s spending on military in India was 9.1% in 2017, China’s spending was 6.1%.
India has been close to or below military spending of Russia and Saudi Arabia and is also passing Germany and the UK. With 7-8% GDP growth and with talk about increasing towards 3% of GDP spending on the military.
India will clearly be able to sustain a world number three military spending level. Each year will see India get a wider margin of spending over the fourth and fifth place military spending countries.
By 2025-2027, India will likely double its military spending to about USD 120-130 billion (in current dollars).
Under the new budget, the Army will receive about USD 20 million for pay and allowances and well as the maintenance of land warfare systems and ammunition stocks.
Only USD 4.19 billion is allocated for the purchase of new military hardware.
The Air Force will receive USD 5.58 billion to purchase new fighters and helicopter, while USD 4.5 billion will go toward maintenance and operational preparedness of its aircraft.
The Navy will receive USD 3.25 billion to purchase new warships and other naval gear. About USD 3 billion has been allocated for maintenance of the existing fleet.
India’s state-owned defense research and development agency, the Defence Research and Development Organization will receive USD 1.52 billion to kick-start new defense R&D programs; USD 1.26 billion will go toward existing programs.
India’s state-owned ordnance factories have been allotted USD 125.62 million for new ordnance programs, including ammunition. Existing products for the defense of the air, land and sea will be allotted USD 113.59 million.
The budget also provides money for the Indian Coast Guard, the MoD and other miscellaneous expenditures.
source of this information is : https://www.sipri.org/databases
2. CHINA ( USD 189 billion)
China announced its defense budget will increase by 8.1 percent in 2019. The 2018 defense budget will be 175 billion U.S. dollars.
According to the report available to media before the first session of the 13th National People’s Congress. Although slightly higher than the previous two years, the growth rate is the third time to dip into the single digit since 2013, following 7.6 percent in 2016 and 7 percent in 2017.
The increase in China’s national defense budget will mainly be used to develop new weapons and equipment, improve training conditions, and guarantee military reform and benefits for officers and other personnel.
China set its GDP growth target for about 6.5 percent this year. The increase in China’s defense budget is higher than the 7 percent of 2017, but is much lower than double-digit increases that lasted for many years before 2016
For more information on china’s defence budget visit : https://en.wikipedia.org/wiki/Military_budget_of_China
- U.S.A ( USD 716 billion)
The 2019 Defense Budget has been approved by Congress and signed by President Trump in record speed with a 2.6 percent pay increase and a $716 billion national defense budget. This is the earliest the defense budget has been passed in the last 40 years.
This is the first time in more than a decade that the DOD is able to begin a fiscal year with an enacted appropriation instead of operating under a continuing resolution.
The funding level is consistent with the USD 716 billion 2018 Bipartisan Budget Act national defense spending cap for FY 2019 and the recently.
2019 Defense Bill Approved Items Military Benefits & Compensation
Military pay: Raises service member pay by 2.6 percent – the highest in nine years
No TRICARE Fee Increases
No reduction to the Basic Allowance for Housing (BAH)
$10 million in impact aid for severely disabled military children.
The Transition Assistance (TAP) program will have to begin a full year before separation for almost everyone whereas previously it had to start within 90 days of separation.
Basic Allowance for subsequent rates: The proposed BAS rate increase is 3.4%.
Basic allowance for housing rates: The proposed BAH rate increase is 2.9%.
Totally disabled veterans are now eligible for Space-A travel.
MWR benefits will be available to Purple heart, Medal of Honor, service-connected disabled veterans, and family caregivers starting in 2020.
SGLI will be increased to $400,000 when deployed in a combat zone.
Increases the military’s authorized active-duty end strength by 15,600
Facilities & Program Investments
Directs next steps for a Space Force
Recognizes the importance of modernizing and strengthening the Committee on Foreign Investment in the United States to more effectively guard against the risk to national security posed by certain types of foreign investment
Provides waiver relief to key U.S. partners and allies from certain Russian-related sanctions under the Countering America’s Adversaries through Sanctions Act.
SO THIS WAS ALL FOR TOP 10 COUNTRIES WITH MOST MILITARY DEFENCE BUDGET
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