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
New York Times - 2/26/2015 5:06:38 AM
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 ...
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 ...
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 ...
India in "sweet spot" of lower deficits, more growth - Economic Survey
Reuters - 2/27/2015 9:51:46 AM
The Economic Survey, the basis for Jaitley's budget for the fiscal year starting April 1, forecast the economy would grow by 8.1-8.5 percent under a new calculation method that makes India the ... rosy as GDP data suggests. Earnings of the country's ...
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 ...
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 ...
US and UK Push for NATO Countries to Increase Military Spending
telesur - 9/3/2014 11:58:46 PM
NATO Secretary General Anders Fogh Ramussen outlined why such increases are being pushed saying "In today's world we are ... a plan calling for NATO countries to boost military expenditure to the two percent of GDP but the proposal did not reach the ...
Osborne warned on defence spending
The Shields Gazette - 2/26/2015 12:34:37 AM
Allowing UK defence spending to fall ... "We have been lecturing other countries for years. I have sat round the Nato table and lectured other countries for failing to make their 2% GDP commitment," he told BBC Radio 4's World At One.
Greece and the notion of ‘Stahellenism’
Cyprus Mail - 2/26/2015 7:22:38 AM
The first is the amount by which expenditure by the state exceeds its revenue over ... In order to ensure against misleading comparisons, the national debt is given as a percentage of GDP because it is possible, for example, for the debt to decrease ...
China refutes British think tank's report regarding military spending
The Global Times - 2/12/2015 11:35:28 AM
"China's military expenditure in 2014 accounted for less than 1.5 percent of GDP, which is not only well below major countries in the world, but also less than the world average of 2.6 percent," Chinese Foreign Ministry spokesperson Hua Chunying said Thursday.
Budget 2015: Why Jaitley shouldn't increase public spending until fiscal deficit is in control
Firstpost - 2/17/2015 4:34:21 AM
In 2009-2010, the number was at 9.33 percent of the gross domestic product(GDP ... world, as can be seen from the following table. Further, it is also worth remembering that a lot of other emerging market countries have already tried increased public ...
World Cuts Back Military Spending, But Not Asia
Inter Press Service - 4/14/2014 9:50:42 AM
WASHINGTON, Apr 14 2014 (IPS) - For the second year in a row, the world is spending a little less on ... Even Japan, which has traditionally kept its military spending to under one percent of GDP, is getting into the act. Tokyo has promised of a 2.8 ...
The complicated task of measuring the world’s most ‘peaceful’ countries
Washington Post - 8/21/2014 1:19:48 AM
Right now, the world doesn't appear very peaceful ... there are seven factors related to the "militarization" of the different countries, including "military expenditure as a percentage of GDP" and the "volume of transfers of major conventional weapons ...