Special Report
See How Russia and Ukraine Military Spending Compares to the World
February 24, 2022 3:11 pm
Last Updated: February 25, 2022 10:08 am
5. United Kingdom
> Military spending, 2020: $59.2 billion (2.2% of GDP)
> Military and paramilitary personnel: 149,000 (0.4% of labor force)
>Total population: 67,215,293
4. Russian Federation
> Military spending, 2020: $61.7 billion (4.3% of GDP)
> Military and paramilitary personnel: 1,454,000 (2.0% of labor force)
>Total population: 144,104,080
3. India
> Military spending, 2020: $72.9 billion (2.9% of GDP)
> Military and paramilitary personnel: 3,045,000 (0.6% of labor force)
>Total population: 1,380,004,385
2. China
> Military spending, 2020: $252.3 billion (1.7% of GDP)
> Military and paramilitary personnel: 2,535,000 (0.3% of labor force)
>Total population: 1,410,929,362
1. United States
> Military spending, 2020: $778.2 billion (3.7% of GDP)
> Military and paramilitary personnel: 1,388,000 (0.8% of labor force)
>Total population: 329,484,123
Sponsored: Tips for Investing
A financial advisor can help you understand the advantages and disadvantages of investment properties. Finding a qualified financial advisor doesn’t have to be hard. SmartAsset’s free tool matches you with up to three financial advisors who serve your area, and you can interview your advisor matches at no cost to decide which one is right for you. If you’re ready to find an advisor who can help you achieve your financial goals, get started now.
Investing in real estate can diversify your portfolio. But expanding your horizons may add additional costs. If you’re an investor looking to minimize expenses, consider checking out online brokerages. They often offer low investment fees, helping you maximize your profit.