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
60 percent population living below poverty line: World Bank report
Business Recorder - 5/19/2013 12:15:42 AM
Sixty percent of Pakistan''s population is living below poverty line, a World Bank report entitled ... year is forecast at 3.9 percent. The country''s military expenditures are reported at 3 percent of the GDP during 2011 and stock market capitalisation ...
The US National Spending and Debt
Yahoo! Finance - 5/22/2013 11:17:52 AM
The historical data tells us that for over 60 years ... And we have had unpredictable rises in healthcare and military spending, making balancing spending nearly impossible. Maybe Keynes was on to something - we just never expected the ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 3:47:28 PM
Ireland's debt could fall out of the top 5 if the country's growth outpaces spending ... Italian debt to fall less than 7 percentage points over the next five years. No. 2: Greece, 179% Debt/GDP Ah, Greece. We were all wondering when Europe's ...
D.C. mini-deal helping, but debt still stifling
azcentral.com - 5/24/2013 1:28:31 AM
For the past few years, I’ve been writing with my hair on fire about federal debt and deficits. Recently, the Congressional Budget Office announced that, according to its projections, the federal deficit this year will be $200 billion less ...
Research and Markets: Philippines Country Analysis: 2013-2018 An Evaluation of Political, Social, Economic, and Business Risk
Yahoo! Finance - 5/23/2013 10:05:06 AM
The country has the fifth-largest coastline in the world. Situated 750 miles east ... of R&D and technological innovation. R&D expenditure of the Philippines, which represents a small percentage of GDP, grew moderately from 2001 through 2011.
Dominican Republic's 2012 Fiscal Deficit up 8.5% of GDP
MENAFN - 5/17/2013 11:55:25 PM
the IMF said following its Executive Board's consultation with the Dominican Republic officials. The country's economic growth declined from 7.8% in 2010 to 4.5% in 2011 and to a projected 4% in 2012. A large increase in government spending in 2012 was ...
Economists predict increase in consumer spending
US News and World Report - 5/20/2013 7:12:41 PM
The economists predict that the U.S. economy will grow 2.4 percent this year and 3 percent ... Lower government spending, especially by the military, "has already had a sharp effect on GDP growth," she said. GDP, or gross domestic product, is the measure ...
Future of the Brazilian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
International Business Times - 5/16/2013 11:17:49 AM
... Expenditure of the World's Largest Military Spenders (US$ Billion), 2012 and 2017 Figure 14: Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2012 Figure 23: Brazilian Defense Imports by Country (%), 2008-2012 Figure 24 ...
IMF Says Bahrain’s Growing Debt May Be Unsustainable by 2018
Businessweek - 5/16/2013 4:04:09 PM
Bahrain must urgently cut spending or risk unsustainable ... “strong” at an estimated 18.2 percent of GDP, the IMF report said. The nation’s economy may expand 4.2 percent in 2013, the IMF said in its World Economic Outlook in April ...
Economics Lessons China and Brazil Can Teach Each Other
CNBC - 5/23/2013 4:24:29 PM
This debt burden has understandably started to take a toll on their spending," he said. U.S. consumer debt servicing reached 14 percent ... for three quarters of global growth over the past five years, and now account of over half of global GDP.
Japan to outperform Korea in GDP growth
The Korea Herald - 5/19/2013 11:57:13 AM
Improved consumer spending and exports boosted Japan’s first-quarter GDP growth. The so-called “Abenomics” aimed at restoring growth through aggressive monetary easing and inflation led the country to revise its growth forecast upward to 2.9 percent ...
The cost of war: Syria’s economy pays a painful price
english.alarabiya.net - 5/17/2013 11:55:25 PM
Syria’s tourism sector - about 5 percent of GDP in 2011, says the World Travel and Tourism ... When these resources run out, military warlords will emerge, says Taqi. “What the regime has done is divide the country into wide military areas, where ...
Study: U.S. has world’s most costly legal system
Legal News Line - 5/17/2013 3:27:10 PM
The study, released by the U.S. Chamber’s Institute for Legal Reform Tuesday, compared liability costs as a percentage of Gross Domestic Product, or GDP, using general ... including the mix of businesses in a country, spending on government social ...
Uganda: High Military Expenditure Does Not Guarantee Security
AllAfrica - 5/22/2013 4:51:19 AM
To defend the huge military expenditure, former US president George Bush had to convince the world that it was important ... whose expenses rise with increase in a country's Gross Domestic Product (GDP). At a personal level, you don't have to double ...
Japan records better-than-forecast 3.5 percent GDP growth in first quarter
Gant Daily - 5/16/2013 12:22:15 PM
The country’s gross domestic product (GDP ... market fueled by the possibility of rising inflation. The rise in GDP is the fastest pace since reconstruction spending led to a 5.3 percent revised figure in the first quarter of 2012.