Which country is the highest military spending country in 2020?

The United States
The United States was the leader on the board with a military expenditure of $801 billion, followed by China which spent $293 billion. These countries accounted for 38 per cent and 14 per cent of the world share.

What percent of Sweden budget is military?

1.2214 %
Military expenditure (% of GDP) in Sweden was reported at 1.2214 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.

Which European country spends the most on military?

Scholz said in the wake of Russia’s invasion of Ukraine it had become clear “we need to invest significantly more in the security of our country, in order to protect our freedom and our democracy.” If the money Scholz has requested comes through, it will mark a dramatic moment for Germany, with Berlin becoming the …

Which countries spend the most on Defence?

Military expenditure, total

Rank Country Spending (US$ bn)
World total 2,113
1 United States 801.0
2 China 293.0
3 India 84.2

Who spends the most in defence?

The United States spends the most on defense, and more than the next seven countries combined. The United States spent $750 billion on defense in 2020, more than the next seven countries (China, Saudi Arabia, India, France, Russia, the UK, and Germany).

Do Scandinavian countries pay for their military?

Sweden’s defence budget for 2021 is about 66 billion kronor ($6.7bn), and the country had already agreed to raise that level to 91 billion kronor ($9.3bn) by 2025. In 2020, its defence budget amounted to 1.2 percent of GDP, increasing to about 1.5 percent in the next few years with the investments already announced.

Does Sweden have a big army?

Since 1994, all Swedish military branches are organized within a single unified government agency, headed by the Supreme Commander, even though the individual services maintain their distinct identities….

Swedish Armed Forces
Active personnel 24,000
Reserve personnel 31,800
Budget 60.6 billion kr (2019)

What country spends the most on military 2021?

The United States — $778 billion. China — $252 billion [estimated] India — $72.9 billion.