In this context, here is a look at the top 10 countries with the highest defence budgets in the world. China continues to increase defence spending amid tensions with the US and neighbouring countries. The country does not disclose much information about its military spending, but experts estimate a 3.4% increase compared to last year. Germany aims to meet NATO’s 2% GDP defence spending target and strengthen the operational capabilities of the Bundeswehr (German Armed Forces). By 2030, Saudi Arabia plans to localise over 50% of its defence spending and boost domestic capabilities in aerospace, armour, and UAV technology.

Source: News 24 February 23, 2026 09:05 UTC