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Business News/ Photos / World’s Top 5 countries by military spending

World’s Top 5 countries by military spending

The incessant violence in the middle east and the escalating tensions in the Ukraine-Russia region have turned the spotlight on the military might of countries. A look at which countries are spending the most on their defence. Source-Bloomberg

1- The United States- The B-2 Stealth Bomber in California. 10% of US govt’s spending is on defence, with $640.2 billion spent on defence in 2013. The US military’s biggest advantage is its fleet of 19 aircraft carriers. AFP

1/51- The United States- The B-2 Stealth Bomber in California. 10% of US govt’s spending is on defence, with $640.2 billion spent on defence in 2013. The US military’s biggest advantage is its fleet of 19 aircraft carriers. AFP

2- China- Munitions on display at a military post near Beijing in April 2013. China’s military spending has gone up substantially over the past two decades, with 8.3% of govt spending on defence. The country spent $188.5 billion on defence in 2013. Photo-Wikimedia Commons

2/52- China- Munitions on display at a military post near Beijing in April 2013. China’s military spending has gone up substantially over the past two decades, with 8.3% of govt spending on defence. The country spent $188.5 billion on defence in 2013. Photo-Wikimedia Commons

3- Russia-The Buk M2 missile system at a military show in Moscow. With the largest tank force in the world ( 15,500 tanks), Russia spent $87.8 billion (11.2% of govt spending) on defence in 2013. AFP

3/53- Russia-The Buk M2 missile system at a military show in Moscow. With the largest tank force in the world ( 15,500 tanks), Russia spent $87.8 billion (11.2% of govt spending) on defence in 2013. AFP

4-Saudi Arabia- 25.2% of govt spending is on defence. The Saudi govt spent $67 billion on defence in 2013. Photo: Wikimedia Commons

4/54-Saudi Arabia- 25.2% of govt spending is on defence. The Saudi govt spent $67 billion on defence in 2013. Photo: Wikimedia Commons

5- France- Soldiers in vintage French army uniforms in Paris. Even after cutting down spending, France spent $61.2 billion on defence in 2013, which is 3.9% of govt spending. Reuters

5/55- France- Soldiers in vintage French army uniforms in Paris. Even after cutting down spending, France spent $61.2 billion on defence in 2013, which is 3.9% of govt spending. Reuters

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