The United States leads global government budget appropriations for R&D in defense, with substantial investments reaching $131.86 billion. Germany follows with $43.96 billion, while Russia contributes $14.34 billion. Among smaller economies, notable year-on-year changes include a significant surge in Denmark's spending by 207.96%. Conversely, Finland demonstrated a marked decrease of 24.13%. Overall, the compound annual growth rate over the last five years suggests variations dominating the scene, with significant shifts in individual country priorities.
Future trends indicate potential shifts in defense R&D investments driven by geopolitical tensions, technological advancements in AI and cybersecurity, and global strategic realignments. Close monitoring of these dynamics will be crucial in anticipating changes in defense spending by major countries.
Top countries in Government Budget Appropriations or Outlays for R&D in Defence by Country
| # | 10 Countries | Million US Dollars PPP, Constant | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 131,860 | 2023 | +2.37% | +15.55% | View data |
| 2 | 2 Germany | 43,960 | 2023 | +3.91% | +2.42% | View data |
| 3 | 3 Russia | 14,340 | 2023 | -0.94% | -0.72% | View data |
| 4 | 4 Netherlands | 7,600 | 2023 | +3.86% | +2.99% | View data |
| 5 | 5 Spain | 7,490 | 2023 | +0.85% | -3.98% | View data |
| 6 | 6 Sweden | 4,440 | 2023 | +5.03% | +2.16% | View data |
| 7 | 7 Belgium | 4,350 | 2023 | +4.17% | +4.7% | View data |
| 8 | 8 South Korea | 2,930 | 2023 | -10.81% | -3.36% | View data |
| 9 | 9 Denmark | 2,310 | 2023 | +5.03% | +207.96% | View data |
| 10 | 10 Greece | 1,660 | 2023 | +4.32% | -1.83% | View data |
