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
China ups military spend by 12 percent. Are the gloves coming off?
The Christian Science Monitor - 3/5/2014 4:00:16 PM
China made headlines today with its annual military ... two percent of GDP in 2012 compared to four percent of US output, according to the World Bank. China has not waged costly wars in Afghanistan and Iraq, of course. But as their country ...
DPP urges raising military spending to 3% of GDP
Global Security - 3/4/2014 2:14:05 PM
Taipei, March 4 (CNA) The opposition Democratic Progressive Party (DPP) urged the government Tuesday to increase its military spending to 3 percent of the country's gross domestic product (GDP) in light of China's growing military strength. The military ...
China Decides On Double-Digit Hike For Military Spending In 2014, Its Highest In Three Years
Pakistan Defence - 3/4/2014 11:53:54 PM
Now, for comparison, when i look at the Chinese military, they have numerous equipment design and build projects going on, such as in their Navy alone they are ... of troops and restructuring of the army in terms of marines and land forces.
China Increases Military Spending 12 Percent: Should We Worry?
US News and World Report - 3/5/2014 9:29:33 PM
In 2012, Chinese President Xi Jinping promised his countrymen that they would witness “the great renewal of the Chinese nation.” “Nowadays, everyone is talking about the 'China Dream,'" he said while viewing an exhibition at the new ...
Global military spending an integral part of capitalism
The Nation - 3/9/2014 1:00:44 AM
China’s surge in military spending gains headlines, partly because of the ominous implications regarding its regional contest with Japan, but it’s the deeper structures of military spending in general that are far more compelling. There are few ...
No need for nerves over China's defense spending
新华网 - 3/5/2014 11:56:53 AM
Although China's defense budget has been growing at a steady pace over the past four years, military experts have said the ... defense spending in China's GDP stood at less than 1.5 percent last year, well below the world average of 3 percent.
Global military spending is now an integral part of capitalism
theguardian.com - 3/7/2014 5:23:48 PM
The "peace dividend" from the end of the cold ... during the Vietnam war sapped too much capital away from other profitable investments. By the same token, it is not clear whether Japan's rise to becoming a major global economic power would ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/24/2014 11:56:14 PM
its smallest size since before World War II. Congress has already mandated nearly $500 billion in defense spending cuts in coming years, triggering a major re-evaluation of U.S. military needs. Among NATO’s European members, only Estonia, Greece and ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 8:10:54 PM
After all, we would certainly expect that a large country with one of the world's largest economies ... is the only country in the top 15 for military expenditure that has a higher percent of its GDP dedicated to the military.
US, allies' share of world military spending shrinking-study
Reuters - 7/7/2011 11:24:21 PM
The study uses International Monetary Fund growth estimates for all countries surveyed ... to maintain existing levels of equipment. Post World War Two U.S. military spending as a percent of GDP has ranged from a 15 percent high in 1952 during ...
Countries Spending the Most on the Military
24/7 Wall St. - 6/27/2013 11:03:48 AM
The Stockholm International Peace Research Institute (SIPRI) measures annual military spending for most of the world’s armed countries ... spent 4.4% of its gross domestic product (GDP) on the military. In countries like Saudi Arabia and Oman, military ...
Global Military Spending Soars 45 Percent in 10 Years
Common Dreams - 6/8/2008 11:54:33 PM
"The factors driving increases in world military spending include countries' foreign policy objectives ... the economic burden of military spending is still moderate, at 2.1 percent of GDP". As a direct result of the increased military outlay, sales ...
Top 10 military spending nations; oil countries post biggest jumps this decade
The Christian Science Monitor - 6/2/2010 11:54:55 PM
as the world’s military spending increased nearly 50 percent over the past decade, the biggest military budget increases were seen in small, oil-rich countries flooded with new wealth. From 2000 to 2009, Chad increased its military budget 663 ...
World's military spending slows
Deseret News - 4/11/2011 3:46:11 AM
STOCKHOLM — The world's military spending grew by only 1.3 ... South America was the region with the largest military spending growth of 5.8 percent, with countries such as Brazil seeking to increase its international influence, said the Stockholm ...