From 1998 to 2007, China topped the list of the largest arms importers overall, averaging an annual spend of $2,318,200,000 (£1,164,403,860). In the second place is India, followed by Taiwan, Greece and South Korea. Examining figures for just 2007, however, reveals that Greece was the largest importer, buying $2,089,000,000 (£1,049,264,768) of arms.