Military Spending Soars in Armenia and Azerbaijan Despite Peace Agreement

They may have agreed on a provisional peace agreement last August, but Armenia and Azerbaijan nevertheless each had some of the highest military spending as a share of GDP in the world in 2025, according to data compiled by the Stockholm International Peace Research Institute.

Azerbaijan ranked 6th (6. 5 percent) and Armenia 7th (6. 1 percent) in SIPRI’s Top Ten countries in terms of highest military spending last year. The country with the highest spending on defense was, not surprisingly, Ukraine at 40 percent. Russia (7.