Top 10 Country By Military Budget Spending (Military Expenditures) 1950 to 2018

Top 10 Country By Military Budget Spending (Military Expenditures) 1950 to 2018

This video shows the Top 10 countries with highest military spending (defense budget) from 1950 to 2018. European and North American countries dominated for the last 50 years while Asian countries are catching up recently.

A military budget (or military expenditure), also known as a defense budget, is the amount of financial resources dedicated by a state to raising and maintaining an armed forces or other methods essential for defense purposes.

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