In 2023, Saudi Arabia was one of the world's top five spenders on defense, after the United States, China, Russia and India, and was the largest recipient of US arms exports, according to the Stockholm International Peace Research Institute. In a report released in April, the Stockholm International Peace Research Institute (SIPRI) said the country spent an estimated $75.8 billion on defense in 2023, or 7.5% of its gross domestic product.