The country was number 6 in 2021, Israel came ahead 5.04 Percent of GDP. Saudi Arabia, Algeria and Kuwait respectively ranked numbers 2, 3 and 4 in this ranking.
How does Azerbaijan rank in Military Expenditure?
| # | 146 Countries | Percent of GDP | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Saudi Arabia | 7.48 | 2023 | +0.76% | -3.93% | View data |
| 2 | 2 Ukraine | 6.99 | 2023 | -79.17% | +16.97% | View data |
| 3 | 3 Togo | 5.51 | 2023 | +1.26% | +22.93% | View data |
| 4 | 4 Oman | 5.41 | 2023 | +4.66% | -8.14% | View data |
| 5 | 5 Kuwait | 5.39 | 2023 | +19.02% | +0.77% | View data |
| 6 | 6 Jordan | 4.73 | 2023 | -2.2% | +0.75% | View data |
| 7 | 7 Azerbaijan | 4.7 | 2023 | +3.48% | +5.72% | |
| 8 | 8 Algeria | 4.66 | 2023 | -2.46% | -3.2% | View data |
| 9 | 9 Israel | 4.51 | 2023 | +0.016% | -3.1% | View data |
Latest reports
US Defense Market Report- Q1 2025
The US defense market in the first quarter of 2025 is positioned for significant growth, driven by advancements in aerospace and missile systems,...
China Defense Market Report- Q1 2025
In the first quarter of 2025, China's defense market has experienced significant developments, driven by strategic realignments in response to escalating geopolitical tensions....
Japan Defense Market Report- Q4 2024
The fourth quarter of 2024 marked a significant period for the Japan defense market, driven by strategic initiatives and geopolitical imperatives. Japan's defense...
Germany Defense Market Report- Q1 2025
In the first quarter of 2025, Germany's defense market has been marked by significant investments and strategic advancements across various sectors, driven by...
India Defense Market Report- Q1 2025
The first quarter of 2025 has been transformative for the Defense India landscape, driven by strategic partnerships, technological advancements, and significant investments aimed...
UK Defense Market Report- Q1 2025
In Q1 2025, the UK defense sector is marked by transformative trends and strategic advancements across multiple domains. With a focus on technological...
France Defense Market Report- Q1 2025
In the first quarter of 2025, the defense sector in France saw significant strategic developments and investments aimed at enhancing national security and...
Canada Defense Market Report- Q1 2025
The Canadian defense market in Q1 2025 has been marked by strategic shifts in response to global economic pressures and evolving security needs....
Brazil Defense Market Report- Q1 2025
The Brazilian Navy is set to significantly boost its maritime defense capabilities in Q1 2025 with the integration of MANSUP anti-ship missiles onto...
Italy Defense Market Report- Q1 2025
The defense sector in Italy is undergoing significant transformation, characterized by strategic alliances, technological advancements, and increased investments. In Q1 2025, Italy is...
