Countries Spending The Most on their Military Spending
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10. Korea, Republic - Military expenditure (2017): $39.2 billion - Military expenditure as a % of general government expenditure (2017): 12.1% (#16 among countries) - Military expenditure per capita (2017): $761 (#13 among countries) Tensions between South Korea and its northern neighbor shaped much of the Republic's defense policy—and budget since the Korean Peninsula was divided at the end of the Korean War. A significant portion of the budget proposed in 2018 has been earmarked for efforts to increase cooperation between the two countries. President Moon Jae-in and North Korea's Kim Jong Un signed the Panmunjom Declaration after a summit in April last year and committed to halt in hostilities and denuclearization, though that goal remains elusive.
47. Bangladesh - Military expenditure (2017): $3.6 billion - Military expenditure as a % of general government expenditure (2017): 9.6% (#27 among countries) - Military expenditure per capita (2017): $022 (#50 among countries) Bangladesh is one of the largest contributors to UN peacekeeping missions around the globe, contributing forces recently in Darfur, the Democratic Republic of Congo, and the Central African Republic, to name a few. But the Bangladeshi military faces bigger struggles back home. It is deeply entwined with business and politics and has been accused of caring more about profits than defending the country from security threats.
