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Data Starter: Global military spending by country, 2024

Elizabeth Veal

3rd June 2025

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Which countries spend the most on their military?

Using this Visual capital infographic, answer the following questions:

  1. Just three countries account for 54% of global military spending. Compare the proportion of total global military spending that is done by each of these three countries.
  2. By what percentage increase would the UK have to increase its military spending to match Germany and France’s military spending combined?

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Elizabeth Veal

Liz has taught Economics for over 25 years, including several years as Head of Economics at leading schools.