The race to spend the most of a budget on the military

Race · 28 Oct 2026

Bar chart race of military spending as a share of government spending, 2000 to 2025, for 14 countries. Saudi Arabia and Singapore lead until 2021. Ukraine, in gold, sits near 9% until 2021, jumps to first with 39% in 2022 and ends at 63% in 2025. Russia ends fifth at 20%. A note at 2022 marks Russia's invasion of Ukraine.

Close to two in every three hryvnias Ukraine spent in 2025 went to the military: 63%, up from 8.5% before the invasion. Since 2022 no country in the data has spent a bigger share.

Source: SIPRI Military Expenditure Database via World Bank, 2025