Definition: This entry gives spending on defense programs for the most recent year available as a percent of gross domestic product (GDP); the GDP is calculated on an exchange rate basis, i.e., not in terms of purchasing power parity (PPP).
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2014See also: Military expenditures - percent of GDP map
Baltics, fearing Russia, to triple military spending by 2018: report
Reuters - 10/19/2016 6:57:04 AM
By 2020, it said, the combined overall defense budgets of the three Baltic republics will reach an estimated $2.1 billion, more than double that when the countries ... to raise military spending to reach NATO's informal target of 2 percent of GDP by ...
The Baltic countries will triple their defense budget by 2018 because of Russia
stocknewsusa.com - 10/20/2016 9:04:44 AM
According to the report, by 2020, the global ... in military spending in 2018. After the annexation of Crimea to Russia in 2014, Latvia and Lithuania agreed to raise their military spending to achieve the goal of NATO’s informal 2 percent of GDP by ...
Military expenditure - percentage of GDP in highest spending countries 2015
www.statista.com - 10/11/2016 2:41:42 AM
Forecast increase in military and defense spending 2010-2020, by world region Forecast ... in highest spending countries 2012 Military expenditures - change in highest spending countries 2012 Defense spending as share of GDP in the United Kingdom (UK ...
Countries spending the most on the military
USA Today - 7/12/2014 6:39:15 AM
Like many of the countries with the biggest military budgets, Saudi Arabia benefits from one of the world's largest oil reserves. At 9.3%, the country's spending as a percentage of GDP was second only to Oman, another oil-rich nation in the Middle East.
What Percent of GDP Do Countries Spend on Their Military?
wisegeek.com - 10/5/2016 11:55:50 PM
GDP is usually calculated by adding up all of the spending within a ... strength or overall power of that military. The following table shows the countries around the world that have traditionally spend the highest percentage of their published GDP on ...
Did Donald Trump’s words spur increases in defense spending among U.S. allies?
The Miami Herald - 10/20/2016 12:10:51 PM
There has been a recent increase in defense spending in some NATO countries. Thursday morning, however, IHS Janes, the global defense industry analysts ... spending budgets are expected to reach 2 percent of GDP by 2018 (Estonia’s was over that bar ...
The Biggest Military Budgets As A Percentage Of GDP [Infographic]
Forbes - 6/25/2015 1:01:07 PM
No country ... States in military expenditure. In 2014, US military spending reached $571 billion, a huge distance ahead of second placed China’s $129.4 billion. However, when military budgets are viewed as a percentage of a nation’s GDP, things ...
Countries With The Highest Expenditures On Medicines As A Percentage Of GDP
worldatlas.com - 8/25/2016 5:03:20 AM
The United States dedicates 2% of its GDP to buying medicines, the highest in the world, followed by Japan and Greece. The higher number of aged people in the developed world has led to increased expenditure on medicines. Many countries in the world today ...
MILITARY EXPENDITURE (% OF GDP) IN LEAST DEVELOPED COUNTRIES UN CLASSIFICATION
tradingeconomics.com - 10/9/2016 11:55:16 AM
MILITARY EXPENDITURE (% OF GDP) IN LEAST DEVELOPED COUNTRIES UN CLASSIFICATION WAS LAST MEASURED AT 2.25 IN 2014, ACCORDING TO THE WORLD BANK. MILITARY EXPENDITURES DATA FROM SIPRI ARE DERIVED FROM THE NATO DEFINITION, WHICH INCLUDES ALL CURRENT AND ...
Israel, Saudi Arabia Have World’s Largest Military Budgets as Percentage of GDP
www.algemeiner.com - 6/26/2015 8:06:26 AM
The two countries spending the highest percentage of their gross domestic product on defense spending are Saudi Arabia and Israel, Forbes reported on Thursday. Saudi Arabia spent 10.4 percent of its GDP in 2014 on beefing up its military, while Israel ...
Military Expenditures as a Percentage of GDP
highered.mheducation.com - 9/18/2016 7:33:50 AM
in many of the world's developing countries, military expenditures have risen between 15 percent and 20 percent per year for the past few years, averaging out to 7. 5 percent per year for the past quarter century. Even though many developing countries ...
Global Markets Stumble Into a High-Debt, Low-Investment 2017
Bloomberg - 10/19/2016 11:53:33 PM
German politicians tell other European countries not to stimulate their economies through government spending, but the country has been growing at the expense of those nations. In a world with more ... of 2016 reached 9 percent of GDP.
Defence Budget may be hiked to 2.5 percent of GDP to pay for multi-billion dollar deals
Indian Defence - 10/21/2016 12:16:49 PM
The revision will take the defence spending up to 2.5% of the GDP, as against the originally ... it said this shows the country’s “inability to wait for the domestic ‘primes’ to catch up to global technology standards”. ‘Primes’ are domestic ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 AM
America spends 4.8% of its GDP on the military or about double the global average. In fact, Saudi Arabia is the only country in the top 15 for military expenditure that has a higher percent of its GDP dedicated to the military. It is clear by any measure ...
10 countries spending the most on their military
Market Watch - 9/3/2014 4:53:27 AM
Global ... and military expenditure as a percentage of gross domestic product. They also reviewed GDP and GDP growth figures from the International Monetary Fund. Based on SIPRI’s 2013 data, these are the countries spending the most on military ...