The United States has retained the top rank in military spending budgets in 2019, far ahead of the rest of the world, with its military budget this year reaching $ 716 billion.
China ranked second on the level of military defense budgets this year, with a military budget of $ 224 billion, while Saudi Arabia ranked third with a budget of $ 70 billion.
These are the biggest defense budgets of the year, according to Global Firepower.
Military spending for 2018
Global military spending rose 2.6 percent year-on-year to $ 1.822 trillion in 2018, representing 2.1 percent of global GDP or $ 239 per person.
According to the Stockholm International Peace Research Institute (SIPRI), the United States, China, Saudi Arabia, India and France topped the world in military spending in 2018, about 60% of global military spending.
Total global military spending rose for the second consecutive year in 2018, the highest level since 1988.
In 2018, US military spending, for the first time since 2010, rose 4.6 percent to $ 649 billion, keeping the United States the global leader.
China, the world's second largest military spender, raised its spending by 5% to $ 250 billion in 2018 and continues to increase spending for 24 consecutive years.
China's spending in 2018 was 10 times higher than 1994, accounting for 14% of global military spending.