Top 10 of defense budgets for 2021 in the world

PANAGYURISHTE, (BM) – 2020 was the year in which the world collided head-on with hundreds of films about a global pandemic or global virus infection. COVID-19 was not the apocalyptic virus that starred in some sinister movies, but it showed the world that the government and the people are utterly helpless against natural phenomena.

The epidemic situation around the world has closed countries and people in their homes. Like any industry, the military expected to collapse gradually, but this did not happen. A report released a few days ago by the Stockholm International Peace Research Institute shows that global military spending has increased by 2.6%. On average, each country has spent 2.4% on the defense of gross domestic product.

This report provoked us to make the ranking of the top 10 defense budgets for 2021. This ranking forms by the money that countries have prepared to spend in 2021. The formula also includes costs for the delivery, maintenance, salaries, and pensions. Let’s start.

10. Australia – $ 42.7 billion

Australia is investing in an autonomous counter explosive vehicle
Photo credit: Downer Defence systems

Australia has projected to spend nearly $ 42.7 million in 2021. The country’s external debt is $ 1.7 trillion. The country’s population is 25.5 million, 80,000 are total military personnel (0.3%). Of these, 60,000 are active military personnel, and 20,000 are military reserves. The annual strength factor is 0.3378 (the one that is closer in value to 0.0000 is considered perfect)

9. France – $ 47.7 billion

France bought new Rafales to replace the 'Greek' fighters
Photo credit: Wikipedia

France has projected to spend nearly $ 47.7 million in 2021. The country’s foreign debt is $ 5.4 trillion. The country’s population is almost 68 million people, of which 450,000 are total military personnel (0.7%). Of these, 270,000 are active military personnel, and 35,000 are military reserves. The annual strength factor is 0.1681 (the one that is closer to 0.0000 is considered perfect)

8. South Korea – $ 48 billion

KF-21 Boramae fighter will change the defenses of Korea and Indonesia
Photo credit: AFP

South Korea has projected to spend nearly $ 48,000,000,000 in 2021. The country’s foreign debt is $ 385 billion. The country’s population is almost 52 million people, of which 6,710,000 are total military personnel (12.9%). Of these, 600,000 are active military personnel, and 3,100,000 are military reserves. The annual force factor is 0.1612 (the one that is closer to 0.0000 is considered perfect)

7. Saudi Arabia – $ 48.5 billion

Nine patrol boats made in Germany for Saudi Arabia go to the Egyptian fleet
Photo credit: Lurssen

Saudi Arabia has projected to spend nearly $ 48.5 million in 2021. The country’s foreign debt is $ 205 billion. The country’s population is almost 34 million people, of which 505,000 are total military personnel (1.5%). Of these, 480,000 are active military personnel, and 0 are military reserves. The annual strength factor is 0.3231 (the one that is closer to 0.0000 is considered perfect)

6. Japan – $ 51.7 billion

Japanese self-defense fleet has acquired five new 'submarine hunters'
Photo credit: Twitter

Japan has projected to spend nearly $ 51.7 billion in 2021. The country’s foreign debt is $ 3.240 trillion. The country’s population is almost 126 million people, of which 319,000 are total military personnel (0.3%). Of these, 250,000 are active military personnel, and 55,000 are military reserves. The annual strength factor is 0.1599 (the one that is closer to 0.0000 is considered perfect)

5. UK – $ 56.04 billion

New version of the British military combat vehicle Ajax
Photo credit: GDLS UK

The UK has projected to spend nearly $ 56,042,000,000 in 2021. The country’s foreign debt is $ 8.126 trillion. The country’s population is almost 66 million people, of which 275,000 are total military personnel (0.4%). Of these, 195,000 are active military personnel, and 80,000 are military reserves. The annual strength factor is 0.1997 (the one that is closer to 0.0000 is considered perfect)

4. Germany – $ 57.4 billion

Arms embargo on Saudi Arabia bankrupt a German UAV producer
Photo credit: DW

Germany has projected to spend nearly $ 57.430 million in 2021. The country’s foreign debt is $ 5.326 trillion. The country’s population is almost 80 million people, of which 215,000 are total military personnel (0.3%). Of these, 185,000 are active military personnel, and 30,000 are military reserves. The annual force factor is 0.2519 (the one that is closer to 0.0000 is considered perfect)

3. India – $ 73.6 billion

The Mk III light helicopter will guard the coasts of India
Photo credit: Twitter

India has projected to spend nearly $ 73,650,000,000 in 2021. The country’s foreign debt is $ 501 billion. The country’s population is almost 1.3 billion people, of which 5,127,000 are total military personnel (0.4%). Of these, 1,445,000 are active military personnel, and 1,155,000 are military reserves. The annual strength factor is 0.1207 (the one that is closer to 0.0000 is considered perfect)

2. China – 178.2 billion dollars

Long arm of US doesn't allow China to have its own fighter
Photo credit: FlugRevue

China has projected to spend nearly $ 178,200,000 in 2021. The country’s foreign debt is $ 1.6 trillion. The country’s population is almost 1.4 billion people, of which 3,355,000 are total servicemen (0.2%). Of these, 2,185,000 are active military personnel, and 510,000 are military reserves. The annual strength factor is 0.0854 (the one that is closer to 0.0000 is considered perfect)

1. USA – $ 740.5 billion

US military's fifth-generation F-35 stealth fighter shot itself
Photo credit: Lockheed Martin

The United States has projected to spend nearly $ 740,500,000,000 in 2021. The country’s foreign debt is $ 17.9 trillion. The country’s population is almost 333 million people, of which 2,245,500 are total servicemen (0.7%). Of these, 1,400,000 are active military personnel, and 845,500 are military reserves. The annual strength factor is 0.0718 (the one that is closer to 0.0000 is considered perfect)

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