The United States spends more on its military than rest of the top 15 nations with the highest military expenditure. The rest of the list includes China ($119 bn), UK ($59.6 bn), France ($59.3bn), Russia ($58.7bn), Japan ($54.5bn), Germany ($45.2bn), Saudi Arabia ($45.2bn), India ($41.3bn), Italy ($37bn), Brazil ($33.5bn), South Korea ($27.6bn), Australia ($24bn), Canada ($22.8bn) and Turkey ($17.5bn). The US spends $698 billion. (Figures courtesy Stockholm International Peace Research Institute).