Largest Defence Expenditure Countries 2016:
The defense budget is also known as the military budget. It is the amount of financial resources dedicated by a nation to raising and maintaining an armed forces or other methods essential for defense purposes. Defense expenditures are represented by US$ based.
Here we provide the list of the largest defense expenditure countries in 2016. It was published by IHS Jane’s Information Group.
|Rank||Country||Budget (Millions of US Dollars)|