Let's see the top 10 countries with largest defence budget.
Each of the countries perceived to be the among world's most powerful country.
Let's start with Number 10 south Korea.
The defence budget of south Korea for year 2017-18 is $34 billion, in year 2017 the defence
budget is increase to around 4% and the defence budget is 2.6% of the GDP of South Korea.
No. 9 Germany.
the defence budget of Germany for year 2017-18 is $40.2 billion, in year 2017 the defence
budget is increase to around 6.2% and the defence budget is 1.2% of the GDP of Germany.
No. 8 Japan.
the defence budget of Japan for year 2017-18 is $43.6 billion, in year 2017 the defence
budget is increase to around 1.4% and the defence budget is 1% of the GDP of Japan.
No. 7 France.
the defence budget of France for year 2017-18 is $45 billion, in year 2017 the defence budget
is increase to around 1.8% and the defence budget is 1.7% of the GDP of France.
No. 6 Russia.
the defence budget of Russia for year 2017-18 is $48 billion, in year 2017 the defence budget
is decrease to around 25.5%, from $65.4 billion to $48 billion and the defence budget is 3.3%
of the GDP of Russia.
No. 5 South Arabia.
the defence budget of Saudi Arabia for year 2017-18 is $50.8 billion, in year 2017 the
defence budget is increase to around 6.6% and the defence budget is 11.5% of the GDP
of Saudi Arabia.
No. 4 India.
the defence budget of India for year 2017-18 is $53.5 billion, in year 2017 the defence
budget is increase to around 6.2% and the defence budget is 1.63 % of the GDP of India.
No. 3 United Kingdom UK. the defence budget of UK for year 2017-18
is $54 billion, in year 2017 the defence budget is increase to around 0.5% and the defence
budget is 2 % of the GDP of UK.
No. 2 China.
the defence budget of china for year 2017-18 is $205 billion, in year 2017 the defence
budget is increase to around 7% and the defence budget is 1.3 % of the GDP of China.
And now finally the No. 1 United States of America.
defence budget of United states for year 2017-18 is $676 billion, in year 2017 the defence
budget is increase to around 10% and the defence budget is 3.3 % of the GDP of United states.
And finally summary of all top ten nation defence budget.
In top 10 only Russia decrease it defence budget about 25.5% for year 2017 and highest
percentage of increase in defence budget about 10% for year 2017 by America.
There is not much change since last year ranking only India overtook Saudi Arabia and Russia
to become one of the top five defence spenders globally.
It is expected that India may overtake UK by 2018.
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