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
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.
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 ...
Will Brexit Forge A New Military Powerhouse?
The Daily Caller - 6/27/2016 7:27:53 PM
The United Kingdom’s decision to leave the European Union could trigger more spending on defense from both parties. Most EU countries that are part of NATO fall below the 2 percent of GDP minimum military spending requirement. While the U.K. is better ...
Global Orthodontic Supplies Industry
prnewswire.com - 6/27/2016 7:42:12 PM
Additionally, the market for Clear Aligners is analysed for the US and Rest of World ... Healthcare Spending as % of GDP by Geographic Region (2016E) (includes corresponding Graph/Chart) II-32 Table 14: Top Countries with the Highest Per Capita Healthcare ...
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 ...
Merkel to Hike Military Spending
global.handelsblatt.com - 6/23/2016 10:07:07 AM
Angela Merkel on Wednesday signalled a major change in German defense policy, announcing an expansion that could boost military spending ... Defense spending as a share of GDP declined from 3.4 percent in the mid-1980s to about 1.2 percent today.
Deloitte's 2016 Global Defense Outlook finds global defense postures moderating, but new "Fault Lines" emerge
Yahoo Finance - 6/27/2016 11:56:55 AM
NEW YORK, June 27, 2016 /PRNewswire/ -- Economic development and flat defense budgets are reducing the reliance of the world economy on defense spending ... and exploitation by military organizations or private hackers in countries whose limited reliance ...
Israel, Saudi Arabia Have World’s Largest Military Budgets as Percentage of GDP
The Algemeiner - 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 ...
Brazil's recession greater risk than Brexit for Argentina: could chip 1.5 percentage points from GDP
MercoPress - 6/27/2016 7:10:35 AM
It’s really critical,” said Minister Prat Gay “It seems to us that Brexit is more an issue of distortions or disruptions around the developed world than it ... would knock one to 1.5 percentage points off of Argentina’s GDP.
‘Brexit’ strengthening the forces that are already haunting global economy
The Seattle Times - 6/27/2016 9:08:06 PM
Britain accounts for less than 4 percent of world GDP. Most people on Earth don’t have a rooting ... in the last few years economists have viewed too-low inflation — which can discourage spending and investment and make debts more onerous — as ...
Global Defense Spending Remain Moderate Since 2008: Deloitte Report
Defense World - 6/27/2016 9:55:13 AM
“Some 41 countries ... for US$70B or 80 percent of the total global increase through 2020. “Even as commitments to defense continue to moderate worldwide, economic forces are creating significant new tensions among military powers,” said General ...
Countries Spending the Most on Military
The Wall Street Journal - 6/27/2013 7:10:34 PM
It's no secret that the U.S. spends a lot of money on its military. But how much? And how does it stack up against military spending by other countries? MarketWatch's Jim Jelter takes a look. (Photo: Getty Images)
Fiscal showdown: Clinton vs. Trump on spending, taxes and debt
CNN Money - 6/26/2016 11:39:36 PM
cut spending by 27% to 37%; b) increase all tax rates by between 17.5 and 20.5 percentage points; c) accelerate real economic growth by 160% to 390%; or d) do some combination of these. Clinton would have it easier, but in a world where it's considered a ...
Here’s how the world is funding its armies
Global Post - 4/14/2014 7:30:31 PM
For example, since 2008, Austria, Belgium, Greece, Ireland, Italy, the Netherlands, Spain, the UK, and every country in Central Europe (except for Poland) have all cut their military ... 9.3 percent of its GDP. That’s 3.8 percent of the world’s spending.