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
Eurozone Budget Deficits Fall Under New GDP Measure
Wall Street Journal - 10/21/2014 5:43:54 AM
ESA 2010 is intended to give a more accurate picture of what gets produced, spent and invested within the 28-country bloc ... Another boost to GDP figures will come from a similar change in the treatment of military expenditure, which will also be viewed ...
The Upside of Lower Oil Prices
Weekly Standard - 10/17/2014 1:16:38 AM
Many of the world’s most serious security ... comprising about 35 percent of Iran’s GDP. Iran’s officially reported defense spending is 4.1 percent of GDP, and spending on the country’s Atomic Energy Organization may be as large or larger.
Slovenia to cut no more military expenditure: president
上海日报 - 10/23/2014 12:26:34 AM
LJUBLJANA, Oct. 22 (Xinhua) -- Slovenian President Borut Pahor met with military leaders on Wednesday and agreed the tiny Balkan country would stick to ... U.S. dollars), which represents 1.06 percent of Slovenia's GDP, former Slovenian defence minister ...
Serbian Leader Says Spending Cuts Needed to Win IMF Deal
Businessweek - 10/25/2014 5:24:50 AM
Serbian Prime Minister Aleksandar Vucic urged lawmakers to approve spending cuts as the country must address a widening budget ... estimates the 2014 deficit at 300 billion dinars, or 8 percent of GDP, if all sovereign guarantees and losses at unprofitable ...
5 biggest risks that can derail the US economy
CNBC - 10/16/2014 8:55:57 AM
She thinks America's GDP will see about 3 percent growth ... can harm investment spending. Finally, if the market falls, the public could start to panic. "It will affect the collective psyche," Zandi said. "And no economy in the world is more sensitive ...
Israel is World’s Fourth Most-Educated Country
breakingisraelnews.com - 9/16/2014 6:39:43 AM
Israelis also tend to begin their post-secondary education at a later age, since military service ... 487 and the ninth lowest expenditure per student among OECD countries. However, when measured as a percentage of Israel’s GDP, Israel jumps to sixth ...
Qatar’s GNI estimates for Q2 up by 7.9pc
The Peninsula - 10/22/2014 4:23:58 AM
If the income paid to the rest of the world ... expenditure was attributed to rising population and the price rise of consumer items in the country have led to this rise. The share of HFCE in the nominal GDP, in Q2, 2014 is estimated at 14.5 percent.
Ebola’s grim original secret: How capitalism and obscene military spending got us here
Salon - 10/22/2014 12:23:34 PM
No missile killed them, but our greed and global death-oriented spending priorities have left fingerprints on all these bodies. Here in the U.S. we spend close to $700 billion on the military annually, roughly 20 percent ... of countries in the world ...
America is Number One! But Not in Any Way to be Proud Of.
Ring of Fire - 10/14/2014 3:32:01 PM
“In 2013, according to a report by the Stockholm International Peace Research Institute [SIPRI], the US government accounted for 37 percent of world military expenditures ... gun-related deaths than any other country,” wrote Wittner.
Italy’s public debt skyrockets to 134% of GDP
Press TV - 10/25/2014 8:09:29 AM
As the public debt of Italy, the world's third biggest, continues to grow exponentially, the European statistics agency has warned that it has reached nearly 134 percent of the country's gross ... tough austerity measures, spending cuts, and pension ...
Is America's Military Too Small for Obama's New War on Terror?
Politico - 10/13/2014 11:25:39 PM
This country cannot ... But U.S. military spending is still in the vicinity of $600 billion a year, more than three times China’s defense spending, more than six times Russia’s and some 40 percent of the world total. Add in major U.S. allies and ...
UPDATE 2-Vietnam PM sees strong 2015 GDP growth, hurdles ahead
Reuters - 10/20/2014 6:42:21 AM
HANOI, Oct 20 (Reuters) - Vietnam expects economic momentum to pick up next year but inefficiency, bad debt and weak domestic sentiment will keep a lid on growth, the ... 5.6 percent this year and the World Bank in July cut its forecast of 2014 GDP growth ...
Is the U.S. one of the most educated countries in the world?
9News - 9/14/2014 3:21:40 AM
Tertiary education spending in six of the most educated countries was higher than the OECD average of $13,957. Spending on tertiary education in the U.S., for example, was $26,021 per student, by far the most in the world. According to Andreas Schleicher ...
The best economies in the world
USA Today - 9/14/2014 7:32:12 AM
Norway, Singapore, and Hong Kong SAR are all among the five highest in terms of GDP per capita. The least competitive countries, on the other hand, were unable to generate world-leading ... MORE: 10 countries spending the most on the military Still ...
Fragility of Tunisia’s Transition
CATO Institute - 10/24/2014 10:05:12 AM
In Egypt, a widespread disappointment with an Islamic government resulted in a military coup last year ... to bring the deficit down to 5 percent of GDP in 2015. The essential components of reining in deficit spending will include reforms to existing ...