World Of Statistics Releases Countries’ Ranking By Military Spending

World of Statistics has released Countries’ Ranking by Military spending for 2022.

Newsonline Nigeria reports that the World of Statistics, in its latest release on Monday via its social media handle, ranked the United States of America, USA,($877bn) as the country with highest military spending in 2022.

Following in that order are China: $292 billion; Russia: $86 billion; India: $81 billion; Saudi Arabia: $75 billion; UK: $69 billion, making the top Six.

Here’s the full list of military spending in various countries in 2022:

1. USA: $877billion
2. China: $292 billion
3. Russia: $86 billion
4. India: $81 billion
5. Saudi Arabia: $75 billion
6. UK: $69 billion
7. Germany: $56 billion
8. France: $54 billion
9. Japan: $46 billion
10. South Korea: $46 billion
11. Ukraine: $44 billion
12. Italy: $33 billion
13. Australia: $32.2 billion
14. Canada: $26.9 billion
15. Israel: $23.4 billion
16. Spain: $20.3 billion
17. Brazil: $20 billion
18. Poland: $16 billion
19. Netherlands: $15.6 billion
20. Turkey: $10.6 billion
21. Pakistan: $10 billion
22. Colombia: $9.9 billion
23. Indonesia: $8.9 billion
24. Mexico: $8.5 billion
25. Norway: $8.3 billion
26. Sweden: $7.7 billion
27. Switzerland: $6.1 billion
28. Iran: $6 billion
39. Chile: $5.5 billion
40. Denmark: $5.4 billion
41. Finland: $4.8 billion
42. Austria: $3.6 billion
43. Nigeria: $3.1 billion
44. South Africa: $2.9 billion
45. Argentina: $2.5 billion
46. Venezuela: $4.6 million