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
US Military Spending Still Up 45% Over Pre-9/11 Levels; More Than Next 7 Countries Combined
firstlook.org - 4/21/2015 5:49:58 AM
Despite a decline in military spending since 2010, U.S. defense expenditures are still 45 percent higher than they were before the 9/11 terror attacks put the country on a seemingly ... But overall, the world’s arms bazaar is doing just fine, reports ...
Saudi Arabia raises military spending by 17% in 2014
Arabian Business - 4/18/2015 9:35:25 AM
World military expenditure totalled $1.8 trillion in 2014, a fall of 0.4 percent in real terms since 2013 ... The conflict in Ukraine is prompting many European countries near Russia, in Central Europe, the Baltics and the Nordic countries, to increase ...
Algeria and Angola Biggest Military Spenders in Africa, Report
moroccoworldnews.com - 4/16/2015 4:04:21 PM
The report indicates that rapid increases in military expenditures in both Algeria and Angola are due to the countries’ high oil revenues ... and it now spends more than 5 percent of its GDP on its military. The report questions whether the crash ...
Global Military Spending: US Still Biggest Spender
International Business Times - 4/14/2015 4:49:40 PM
Arms spending have been high on the list for China, Russia and Saudi Arabia as the three countries ... report said the military spending of the U.S. is still 45 percent higher than 2001. The US accounted for 34 percent of last year’s world military ...
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 ...
U.S. Defense Industry Outperforms S&P by 100 Percent
Yahoo Finance - 4/20/2015 9:43:12 PM
The article pointed out, as others have, that the primary beneficiaries of the increased demand for planes, missile, tanks, and other military ... with several countries in the region dedicating more than 5 percent of their GDP to defense spending, while ...
World Bank reiterates concern over unsustainable spending
Minivan News - 4/19/2015 2:13:25 PM
The Maldives is spending ... World Bank meanwhile said the country’s risk of external debt distress has been reduced from high to moderate due to revised estimates of a lower current account deficit. However, overall public debt is high at 74.6 percent ...
US, Allies Account for over 60% of Global Military Spending: SIPRI
tasnimnews.com - 4/17/2015 10:48:12 AM
"The United States plus NATO, plus the United States' major non-NATO allies…in 2013 amounted to 64 percent of world military spending," SIPRI Research Director Sam Perlo-Freeman told Sputnik on Thursday. Those countries include Japan, Korea, and Pakistan ...
The 20 percent solution
Daily Kos - 4/19/2015 7:25:23 AM
Since 1965, federal spending has exceeded revenue by that 2.7 percent of GDP. Yet polls consistently show that outside ... Again, foreign aid ("Aid to the World's Needy") was the only area of federal spending where the percentage wanting to decrease ...
China, Russia and Saudi Arabia increased defense spending in 2014
BusinessMirror. - 4/14/2015 11:41:52 AM
While the US remains by far the world’s largest military spender, its defense spending in 2014 fell 6.5 percent, to $610 billion, reflecting a 20-percent decrease since 2010, according to the report. The report focuses on countries that spend more than 4 ...
Saudi military spending rose 17 percent in 2014: study
Yahoo News - 4/12/2015 9:59:51 PM
STOCKHOLM (Reuters) - Saudi Arabia's military spending grew 17 percent in 2014 to $80.8 billion, data from the Stockholm International Peace Research Institute (SIPRI) showed on Monday, the biggest annual hike by any of the world's top 15 military spenders.
Is economic atrophy spell the end of America?
Muslim Village - 4/18/2015 12:24:14 AM
They represent levels of spending as percentage of GDP in Defense (Military), Education ... Using post-2008 data from the World Bank, in a selective grosso modo fashion, the computed Index of Economic Atrophy for eleven countries yielded the following ...
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.
Global Arms Spending Remains Largely Unchanged
Radio Free Europe - 4/13/2015 3:07:39 AM
SIPRI program director Sam Perlo-Freeman said the conflict in Ukraine has prompted many European countries ... for instance, military spending rose 13 percent. The report said Poland was expected to allocate at least two percent of GDP for defense spending ...
Global Defense Spending Is Down, But Asia's Spending Is Up
The Diplomat - 4/15/2015 8:30:23 PM
On Monday, the Stockholm International Peace Research Institute (SIPRI) released the latest edition of its annual measure of military expenditure worldwide, cataloging spending for 2014. Despite perceptions that the world ... GDP growth in excess of 5 ...