CEO World: The World’s Top 10 Biggest Military Spenders In 100 Years (From 1914 to 2018)
Undoubtedly, America has the most active and powerful military in the world. At a whopping $649 billion, the United States is still the biggest global spender on its military. It spent almost as much on its military in 2018 as the next eight largest-spending countries combined.
The top five biggest spenders in 2018 were the U.S., China, Saudi Arabia, India, and France., which together accounted for 60% of global military spending.
But the United States wasn’t always on top — the data below shows how military spending is distributed around the world and who are the most influential players. From 1914 to 1990 military spending is calculated in US$ in 2000 terms.
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WNU Editor: What a difference a hundred years makes.
