Saudi Arabia - Military Expenditure
Since 2014, Saudi Arabia Military Expenditure decreased by 5.2% year on year. At $61,866,666,666.67 in 2019, the country was number 5 comparing other countries in Military Expenditure. Saudi Arabia is overtaken by Russia, which was number 4 with $65,102,569,652.74 and is followed by France with $50,118,929,211.93. United States lead the ranking with $731,751,400,000 in 2019, that is +7.2% versus 2018. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela was the worst growing country at -55.3% per year.
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| Date | US Dollars |
|---|---|
| 2019 | 61,866,666,666.67 |
| 2018 | 74,400,000,000.00 |
| 2017 | 70,400,000,000.00 |
| 2016 | 63,672,800,000.00 |
| 2015 | 87,185,866,666.67 |
Download all data from 1960 to 2019
How does Saudi Arabia rank in Military Expenditure?
| # | 156 Countries | US Dollars | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
731,751,400,000.00 | 2019 | +7.2 % | +2.5 % | View data | |
| 2 |
#2
China
|
261,081,940,426.67 | 2019 | +3.0 % | +5.4 % | View data | |
| 4 |
#4
Russia
|
65,102,569,652.74 | 2019 | +6.0 % | -5.1 % | View data | |
| 5 |
#5
Saudi Arabia
|
61,866,666,666.67 | 2019 | -16.9 % | -5.2 % | View data | |
| 6 |
#6
France
|
50,118,929,211.93 | 2019 | -2.5 % | -1.2 % | View data | |