Turkey - Military Expenditure
Since 2014, Turkey Military Expenditure grew 3.1% year on year. With $20,447,711,267.61 in 2019, the country was number 17 comparing other countries in Military Expenditure. Turkey is overtaken by Israel, which was ranked number 16 with $20,464,927,048.26 and is followed by Spain at $17,176,712,942.23. United States ranked the highest with $731,751,400,000 in 2019, that is a growth of 7.2% compared to 2018. China, India and Russia respectively ranked number 2, 3 and 4 in this ranking. Bulgaria recorded the best 5 years average growth at +23.3% per year, while Venezuela recorded the worst performance at -55.3% per year.
Loading...
| Date | US Dollars |
|---|---|
| 2019 | 20,447,711,267.61 |
| 2018 | 19,648,693,823.85 |
| 2017 | 17,822,738,263.16 |
| 2016 | 17,827,702,150.80 |
| 2015 | 15,668,750,000.00 |
Download all data from 1960 to 2019
How does Turkey 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 | |
| 16 |
#16
Israel
|
20,464,927,048.26 | 2019 | +3.6 % | +2.8 % | View data | |
| 17 |
#17
Turkey
|
20,447,711,267.61 | 2019 | +4.1 % | +3.1 % | View data | |
| 18 |
#18
Spain
|
17,176,712,942.23 | 2019 | -3.6 % | +0.0 % | View data | |