The United States remains the global leader in defense spending, surpassing the next closest country by more than eight times.
In 2008, the most recent year for which complete global data is available, the US approved $696.3 billion in defense budget authority (fiscal 2010 dollars). This figure includes funding for the Pentagon base budget, Department of Energy-administered nuclear weapons activities, and supplemental appropriations for Iraq and Afghanistan.
This number is eight times more than Russia, 15 times more than Japan, 47 times more than Israel, and nearly 73 times more than Iran.
