15 Countries With Highest Defense Spending and Largest Military Budgets

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15. Israel

Military Spending: $18 Billion

Israel spent $18 billion on its military in 2016, which amassed 5.8% of its Gross Domestic Product. In addition, the country received around $3.5 billion in military aid from the U.S. Israel is also one of the top exporters of major weapons, with a share of 2.3%, according to SIPRI. Israel’s “lavish” military spending is understandable, given that the country is surrounded by potential enemies.

Hitman Sharon/Shutterstock.com

Hitman Sharon/Shutterstock.com

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