The world's top military spenders and the approximate amounts each country currently budgets for its military establishment are: United States (FY08 budget), $623 billion, China (2004), $65 billion, Russia, $50 billion, France (2005), $45 billion, Japan (2007), $41.75 billion, Germany (2003), $35.1 billion, Italy (2003), $28.2 billion
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