5 Countries with the Highest Military Spending in the World

4. Russia

Military Spending: $61.7 billion

Russia spent 3.4% of its GDP on military activities in 2020. With an amount of $61.7 billion on the military, Russia ranks 4th on the list of countries with the highest military budget in the world. The country has increased its military budget by 2.5% from 2019 to 2020. From 2011 to 2020, the budget has increased by 26%.

5 Countries with the Highest Military Spending in the World

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