re: china rules "not" Last of the Big Time Spenders:
U.S. Military Budget Still the World's Largest, and Growing
HIGHLIGHTS TOPLINE WEAPONS BMD UAV DISCRETIONARY GLOBAL
Updated March 19, 2003
Selected Countries Military Budget
($Billions)
United States 399.1
Russia* 65.0
China* 47.0
Japan 42.6
United Kingdom 38.4
France 29.5
Germany 24.9
Saudi Arabia 21.3
Italy 19.4
India 15.6
South Korea 14.1
Brazil* 10.7
Taiwan* 10.7
Israel 10.6
Spain 8.4
Australia 7.6
Canada 7.6
Netherlands 6.6
Turkey 5.8
Mexico 5.9
Kuwait* 3.9
Ukraine 5.0
Iran* 4.8
Singapore 4.8
Sweden 4.5
Egypt* 4.4
Norway 3.8
Greece 3.5
Poland 3.5
Argentina* 3.3
United Arab Emirates* 3.1
Colombia* 2.9
Belgium 2.7
Pakistan* 2.6
Denmark 2.4
Vietnam 2.4
North Korea* 2.1
Czech Republic 1.6
Iraq* 1.4
Philippines 1.4
Portugal 1.3
Libya* 1.2
Hungary 1.1
Syria 1.0
Cuba* 0.8
Sudan* 0.6
Yugoslavia 0.7
Luxembourg 0.2
Figures are for latest year available, usually 2002. Expenditures are used in a few cases where official budgets are significantly lower than actual spending. The figure for the United States is from the annual budget request for Fiscal Year 2004.
* 2001 Funding
Table prepared by Center for Defense Information.
Sources: International Institute for Strategic Studies, Department of Defense
"For 45 years of the Cold War we were in an arms race with the Soviet Union. Now it appears we're in an arms race with ourselves."
Admiral Eugene Carroll, Jr., U.S. Navy (Ret.)
Vice President Emeritus
Center for Defense Information
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