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
Hungary to boost defence spending to 2 percent of GDP - minister
Reuters - 1/12/2017 11:07:01 AM
BUDAPEST Hungary will increase its defence spending gradually ... we will could reach 2 percent (of GDP)," he said. The minister said Hungary would embark on a defence development programme, which would include the procurement of military helicopters.
Military spending the root of US economic problems, says Jack Ma
GBTIMES - 1/19/2017 1:21:53 PM
"It's not that other countries steal jobs from you guys. It's your strategy," said Ma of a foreign policy which has seen US$14 trillion spent on wars in the last three decades. According to the World Bank, the US military budget was 3.3 percent in of GDP ...
Countries spending the most on the military
USA Today - 7/12/2014 3:50:26 PM
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.
Military expenditure - percentage of GDP in highest spending countries 2015
www.statista.com - 1/13/2017 8:31:20 PM
2015 Military expenditures - world regions, 2015 U.S. military spending from 2000 to 2015 U.S. military spending from 2000 to 2015 Military expenditure - percentage of GDP in highest spending countries 2015 Military expenditure - percentage of GDP in ...
World Bank: Improved effectiveness of spending in Indonesia can boost growth in 2017
military-technologies.net - 1/17/2017 3:58:45 AM
Like the rest of the world ... spending in all sectors—particularly agriculture, education, and social assistance. The Bank’s growth projections for Indonesia are unchanged from its last update in October: 5.1 percent in 2016 and 5.3 percent in 2017 ...
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 ...
What Percent of GDP Do Countries Spend on Their Military?
wisegeek.com - 12/23/2016 11:55:12 PM
GDP is usually calculated by adding up all of the spending within a ... strength or overall power of that military. The following table shows the countries around the world that have traditionally spend the highest percentage of their published GDP on ...
Rising Inequality? You Bet. Richest 1 Percent Of Indians Own 58 Percent Of Country's Wealth Says Oxfam
Outlook India - 1/16/2017 8:46:16 AM
"Over the next 20 years, 500 people will hand over USD 2.1 trillion to their heirs –- a sum larger than the GDP of India, a country of 1.3 billion people," Oxfam said. The study findings showed that the poorest half of the world has less wealth than had ...
Germany says boosting defence spending, demands clear US agenda
Himalayan Times - 1/19/2017 3:06:16 AM
Von der Leyen said Germany was boosting military spending by nearly 2 billion euros in 2017 to 37 billion euros, or 1.22 percent of gross domestic product (GDP). It is due to reach 39.2 billion euros by 2020. “We’re moving in the right direction ...
Countries With The Highest Expenditures On Medicines As A Percentage Of GDP
worldatlas.com - 8/25/2016 5:03:20 AM
The United States dedicates 2% of its GDP to buying medicines, the highest in the world, followed by Japan and Greece. The higher number of aged people in the developed world has led to increased expenditure on medicines. Many countries in the world today ...
Military expenditure (% of GDP) in Least developed countries UN classification
tradingeconomics.com - 1/2/2017 5:16:48 PM
Military expenditure (% of GDP) in Least developed countries UN classification was last measured at 2.25 in 2014, according to the World Bank. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and ...
Military Expenditures as a Percentage of GDP
highered.mheducation.com - 1/8/2017 9:38:42 AM
in many of the world's developing countries, military expenditures have risen between 15 percent and 20 percent per year for the past few years, averaging out to 7. 5 percent per year for the past quarter century. Even though many developing countries ...
Israel, Saudi Arabia Have World’s Largest Military Budgets as Percentage of GDP
www.algemeiner.com - 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 ...
INTERVIEW-Hungary to boost defence spending to 2 pct of GDP -minister
news.trust.org - 1/12/2017 4:00:31 PM
BUDAPEST, Jan 12 (Reuters) - Hungary will increase its defence spending ... could reach 2 percent (of GDP)," he said. The minister said Hungary would embark on a defence development programme, which would include the procurement of military helicopters.
What Percent of Gdp Do Countries Spend on Their Military?
brainz.org - 1/2/2017 10:14:27 AM
Based on the information printed on the CIA World Factbook, the government spending ... very large 33.9 percent of its gross domestic product on its military. A list of the top spenders in the military based on the GDP is listed below: Country Percentage ...