US Defense spending vs the rest of the world.

The good news is Voldemort plans to ramp up our spending significantly. Maybe for the first time since N Korea, we'll either learn how to keep our nose out no win situations or we might actually win one.

China follows the U.S. with an estimated $314 billion in military expenditure, up 7% from 2023. Over the last decade (2015–2024), China’s military spending increased by 59%.

Meanwhile, Russia’s spending was up by 38% year over year at nearly $150 billion. Together, the United States, China, and Russia—often considered strategic competitors—made up 54% of global military expenditure in 2024.

Germany and India round out the top five, with both countries ramping up military spending in light of rising geopolitical tensions in recent years. India’s simmering tensions with Pakistan and China contribute to its defense budget.

Meanwhile, as a major NATO member, Germany’s spending is partly down to the conflict between Russia and Ukraine. Together, NATO countries made up 55% of global military expenditure in 2024.

In the eighth spot, Ukraine has seen the biggest jump in military spending in recent years—with its 2024 spending at nearly 10 times 2021 levels. It also has the highest military burden globally at 34.5% of its GDP in 2024. Although peace