Japan Remains Eighth in Global Military SpendingPolitics
According to data compiled by the Stockholm International Peace Research Institute, military spending rose by 1.1% worldwide in 2017 to a total of $1.74 trillion (¥190 trillion). US spending remained the highest in the world, amounting to $610 billion, or around the same as in 2016. China was second, with a 5.6% increase to an estimated $228 billion. Russia and Saudi Arabia swapped positions in 2017, with the latter jumping to third with $69.4 billion, while a significant 20% decrease brought Russian spending down to $66.3 billion. Japanese spending was roughly the same as the previous year at $45.4 billion, so that it remained the eighth highest spender.
Top 10 Military Budgets by Country
|Spending ($ billion)||Spending as a share of GDP (%)|
Compiled by Nippon.com based on data from the Stockholm International Peace Research Institute.
* Estimated figures.
The North Atlantic Treaty Organization has set a goal of signatories raising their defense spending to over 2% of GDP by 2024. To date, Japan has implemented an unspoken policy of keeping its defense spending within 1% of its GDP to avoid becoming a military superpower. Out of the top 10 military spenders in the world, Japan is the only one that maintains this 1% limit.
The ruling Liberal Democratic Party is, however, considering the possibility of raising spending to the same 2% of GDP as other NATO members.
(Translated from Japanese. Banner photo: A Japan Ground Self-Defense Force exercise. © Jiji.)