Military budgets by country 2017. Icelands national security policy sets out risks that the country must address. Military spending in the years 2000 to 2016. Im a big fan of usaa even though im non military.
List by the international institute for strategic studies top 15 defence budgets 2017. List by the stockholm international peace research institute 2018 fact sheet for 2017 sipri military expenditure database. Ive always coveted the property and casualty insurance but have never been eligible so im with state farm.
Detailing the current military strength of united states including air force army navy financials and manpower. In 2016 the us. The united states is leading the statistics.
Military spending amounted to 611 billion us. In 2014 us military spending reached 571 billion a huge distance ahead of second placed chinas 1294. No country worldwide comes close to matching the united states in military expenditure.
The statistic shows the us. The sipri military expenditure database contains consistent time series on the military spending of countries for the period 19492017. The military budget is the portion of the discretionary united states federal budget allocated to the department of defense or more broadly the portion of the budget that goes to any military related expendituresthe military budget pays the salaries training and health care of uniformed and civilian personnel maintains arms equipment and facilities funds operations and develops and.
Dr lee willett discusses how national capabilities and international co operation combine to overcome such risks. The 12 countries that spend the highest proportion of gdp on their military.