Indeed, the second-ranked country in terms of total annual military spending, the United Kingdom, lags far behind, at $55 billion, followed by France ($45 billion), Japan ($41 billion), and Germany ($35 billion). China and Russia, which can be considered strategic rivals of the US, spend $35 billion and $24 billion, respectively (though these figures probably underestimate expenditure, the true amount is certainly still far below the US –level).