Taiwan
Military Spending Profile
#22
Global Rank
$16.6B
2024 Spending
0.6%
of World Spending
2.1%
of GDP
Military Spending Over Time
Constant 2023 USD (billions)
Military Spending as % of GDP
10-Year Trend
+48.4%
Military spending has increased over the past decade
Peak Spending
$16.6B
in 2024 (constant 2023 USD)
🔫 Arms Sales
$18B
Top Systems:
- • F-16V fighters ($8B)
- • M1A2 Abrams ($2B)
- • HIMARS ($774M)
- • Harpoon anti-ship ($2.37B)
- • Stinger MANPADS
Arms sales to Taiwan infuriate China. The Taiwan Relations Act requires the US to provide "arms of a defensive character." $19B in arms backlog.
→ Full arms sales data