Highest Military Spending Shares of GDP, 2024

Military expenditure as % of GDP by nation, 2024.

What the Data Shows

Military expenditure is ranked as a share of GDP across nations for 2024. The chart uses ten rows and % of GDP values from the World Bank/SIPRI indicator. Ukraine ranked first at 34.5% of GDP, 25.7 percentage points above Israel. The leader was 7.12 times Kuwait’s tenth-ranked value, making the top row an extreme outlier.

Data table

Unit: % of GDP · Period: 2024

RankEntryValuePeriod
1Ukraine34.5%2024
2Israel8.8%2024
3Algeria8.0%2024
4Saudi Arabia7.3%2024
5Russia7.1%2024
6Myanmar6.8%2024
7Oman5.6%2024
8Armenia5.5%2024
9Azerbaijan5.0%2024
10Kuwait4.8%2024

Sources

Source 1: World Bank World Development Indicators

Publisher: World Bank Data360 / World Development Indicators

Dataset/table: World Development Indicators

Date checked: 2026-05-24

Evidence: Provides 2024 military expenditure shares of GDP by country/economy.

Data notes & caveats

Military expenditure is expressed relative to GDP and should not be presented as a total-spending leaderboard. SIPRI values can be revised as national reporting changes.

Methodology

Rows were filtered to country entries and ranked within the 2024 World Bank/WDI military expenditure share indicator slice.

Source consistency notes

All rows use the same World Bank/WDI military expenditure indicator, same 2024 period and same % of GDP unit.

Licensing

Branded MarketStats graphics are free to use*

Keep the visible MarketStats attribution, source line and canonical page link intact. For clean unbranded assets, commercial use or higher-volume reuse, choose one of the licensing tiers below.

View tiers and terms
Use an existing license key

Logged-in email, domain or user grants may leave the key blank. The key is sent by POST and is never placed in the download URL.

Request unbranded access

* Free branded use is subject to the Terms and requires attribution/canonical-link preservation. MarketStats licenses the graphic presentation and MarketStats-created editorial layer, not the underlying third-party source data. Source attribution and source-provider obligations still apply.