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, 2012See also: Military expenditures - percent of GDP map
Think tank: Some NATO countries cutting defense spending
Greenwich Time - 2/26/2015 4:05:11 PM
Of the countries surveyed, the think tank said, only Estonia in 2015 will meet the spending goal of 2 percent of GDP. This year, the report said, Britain is on course to spend the lowest percentage of its national wealth on defense in 25 years. In Germany ...
Countries spending the most on the military
USA Today - 7/12/2014 6:39:15 AM
In the U.S., lower military spending ... data on military expenditure in over 170 countries. We reviewed SIPRI data on military exports, imports and military expenditure as a percentage of gross domestic product. We also reviewed GDP and GDP growth figures ...
Link foreign aid to defence, boost military spending – UK Lords
RT - 2/27/2015 2:52:25 PM
A bill that seeks to enforce a government pledge to spend 0.7 percent of UK GDP ... country is stuffed,” he said. READ MORE: ‘Sign of weakness’: Tories to scrap NATO’s 2% defense spending target However, the hawkish argument that ramped up military ...
Will the real leader of the free world please stand up?
American Thinker - 3/1/2015 11:29:37 AM
... also spends 1.4 percent of GDP on its military. Perhaps it too can be leader of the free world. By comparison, France and the U.K. spent 2.2 and 2.3 percent, respectively, in 2013 – meeting the NATO defense spending target at that time. Other ...
US Army head warns of defense cutbacks in Britain
San Francisco Gate - 3/2/2015 12:32:51 PM
Former defense secretary Liam Fox said he'd find it "hard to swallow" if military spending falls while the government maintains its pledge to spend 0.7 percent of GDP on the humanitarian aid budget. A Royal United Services report, based on Ministry of ...
10 countries spending the most on their military
Market Watch - 9/3/2014 4:53:27 AM
Although arms expenditure has actually increased in much of the world, military spending in the U.S. — which ... 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 ...
UK defence spending 'concerns' US Army chief Raymond Odierno
BBC - 3/2/2015 11:42:45 AM
The Ministry of Defence said the government was committed to spending 2% of GDP on defence. Ministers are under pressure from Conservative MPs and the military to commit to ... "As we look at threats around the world, these are global issues and we need ...
Ministry: Egypt's budget deficit increased by 32.9% to LE159bn in July-January 2014/15
egyptindependent.com - 3/2/2015 11:35:35 AM
You are about to be immersed in the blissful enjoyment of chocolate world like never before.... The ... Meanwhile, total expenditures reached LE337 billion (14.5 percent of GDP) during July-January 2014/2015, increasing by around LE3.6 billion only ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 AM
After all, we would certainly expect that a large country with one of the world's largest economies like ... 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.
10 Countries Spending the Most on the Military
24/7 Wall ST - 7/10/2014 6:20:09 AM
The Stockholm International Peace Research Institute (SIPRI) measures annual military spending for most of the world’s armed countries ... military expenditure as a percentage of gross domestic product. We also reviewed GDP and GDP growth figures ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/19/2014 11:55:00 PM
Despite impending cuts in the armed forces of many of its member nations, NATO remains by far the largest military force in the world ... for more than 70 percent of the total defense expenditures of NATO’s 28 member countries. The release of the ...
India in 'sweet spot' of lower deficits, more growth: government
Reuters - 2/27/2015 7:14:17 AM
The Economic Survey, the basis for Jaitley's budget for the fiscal year starting April 1, forecast growth of 8.1 percent to 8.5 percent under new calculations that make India the ... not as rosy as GDP data suggests. Earnings of the country's top 100 ...
Iceland Tops List Of World’s Most Peaceful Countries; ‘No Standing Army’ And Good ‘Welfare System’ Important Factors For Winning
kdramastars.com - 2/27/2015 8:36:01 PM
The Global Peace Index (GPI) gauges national peacefulness and last year's report indicated that the world became less ... from a nation's level of military expenditure to its relations with neighbouring countries and the percentage of prison population."
5 reasons US economy is stronger than Q4 GDP suggests
Keloland - 2/27/2015 4:04:00 PM
One-time factors, such as a 16 percent surge in federal defense spending ... While GDP growth slowed in the fourth quarter, the job market was on a roll. The surge continued into January, giving the country the strongest pace of job creation in 17 years ...
World Military Strength, The 15 countries with the highest military expenditure
Indian Defence - 3/26/2014 11:56:26 PM
from the International Monetary Fund’s (IMF) World Economic Outlook database, Oct. 2012. b, The figures for military expenditure at PPP exchange rates are estimates based on the projected implied PPP conversion rates for each country from the IMF World ...