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 budget, up 12.2 percent to $132 billion dollars this year. That's about one quarter of the $495 billion military budget that President Obama presented to Congress yesterday. Predictably ...
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
Yawn*....B2 stealth nuclear bomber GG NO RE China Better luck next time Lee ... PLA servicemen against that of US and other Western countries. Also the costs of food and others. Click to expand... Have Money, Will Spend. Their money, their thought!!.
China’s military spending: is there a new arms race?
THE CONVERSATION - 3/6/2014 11:58:41 PM
As the world’s second largest military power, China’s announcement of a 12% increase in its military budget has elicited grumbles from Taipei, Tokyo and Washington. But what does this increase signal regarding… A 12% increase in China’s military ...
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 Increases Military Spending 12 Percent: Should We Worry?
US News and World Report - 3/5/2014 9:29:33 PM
[READ: U.S. Allies, Enemies Watch Budget Debate ... a U.S. Coast Guard cutter among other military modernization moves. In 2013, China almost forced a standoff when it said it would enforce a mandatory identification zone for all aircraft ...
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 ...
Global military spending is now an integral part of capitalism
theguardian.com - 3/7/2014 5:23:48 PM
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 ...
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 ...
World military spending dips in 2012, first fall since 1998
Reuters - 4/14/2013 10:04:14 PM
The world's second biggest economy ... In North Africa, countries such as Algeria have bolstered spending in the face of rebel threats, SIPRI said. Russia's military spending rose 16 percent in 2012, which analysts said reflected President ...