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
U.S. Military Spending Is Greater Than Next Seven Top-spending Countries Combined, Report Says
HNGN - 4/22/2015 1:31:05 AM
When it comes to military spending as a share of a country's gross domestic product, Saudi Arabia placed first, spending 10.4 percent of its GDP, or $84.5 billion, mostly spent buying U.S. weapons including state-of-the-art F-15 fighters and attack ...
Countries Spending the Most on War
24/7 Wall ST - 4/21/2015 6:11:26 AM
as well as a percentage of government spending. We also looked at GDP and GDP growth figures from the International Monetary Fund (IMF). In addition, we reviewed 2013 military personnel figures from the World Bank. These are the countries spending the most ...
The world’s biggest military spenders
businesstech.co.za - 4/23/2015 6:16:13 AM
Total expenditure was equivalent to 2.3% of global gross domestic product (GDP). This is the third consecutive ... placed China (US$216 billion). The world leader’s military budget is bigger than the next seven countries combined, and accounts for ...
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 ...
US Defense Secretary: Europe needs to increase its military spending
The Business Insider - 4/22/2015 3:28:36 PM
WASHINGTON (Reuters) - Europe should be spending more on its military given the security challenges ... the 28 NATO partners renewed their commitment to the goal of each country spending 2 percent of GDP on defense. But only four countries - Estonia ...
U.S. Defense Industry Outperforms S&P by 100 Percent
Yahoo Finance - 4/20/2015 9:43:12 PM
The article pointed out, as others have, that the primary beneficiaries of the increased demand for planes, missile, tanks, and other military ... with several countries in the region dedicating more than 5 percent of their GDP to defense spending, while ...
The 10 healthiest countries in the world
Market Watch - 4/23/2015 5:54:45 AM
with patient fees covering only a very small percentage of health costs. The country’s annual health expenditures totaled $5,319 per capita, the 10th highest spending world-wide. The high health-care spending and strong coverage have resulted in good ...
U.S. Military Spending Continues to Soar
Product Design & Development - 4/22/2015 8:54:53 AM
the U.S. still spends 45 percent more on defense than it did before the Sept. 11, 2001 terrorist attacks. The U.S. still devotes more on its military than the next seven countries who are in the top eight in spending. China, who is second in the world in ...
Fact Check: How Much of the UK Budget is Spent on Defence?
econintersect.com - 4/23/2015 11:19:51 PM
Looking at past expenditure, the claim was on the low ... The relatively high share of GDP spent by the UK on defence reflects the country’s world military role. This has led to the acquisition of a nuclear deterrent (Trident), nuclear-powered submarines ...
Spain's public deficit stands at 5.8 percent of GDP
MENAFN - 4/23/2015 11:52:40 AM
(MENAFN) Spanish public deficit stood at 5.8 percent of the country's gross domestic product (GDP) in 2014, the second highest figure within the European Union (UE) after Cyprus, Xinhua reported. Spending ... discusses voluntary military service proposal ...
Machinery Makers at Epicenter of U.S. Capital Spending Slowdown
Bloomberg - 4/24/2015 8:48:21 PM
Bookings for non-military capital goods excluding aircraft, a proxy for future corporate spending on new equipment, unexpectedly dropped 0.5 percent ... world’s largest economy. “The point about the oil sector is that it’s not very big in terms of ...
Saudi Arabia boosts military spending to record level
CNN Money - 4/13/2015 12:47:28 PM
... on its military last year -- the fourth highest total in the world. That represents more than 10% of Saudi GDP -- a bigger share than any country other than Oman. Global military spending was mostly flat last year, but the Middle East and much of ...
According to GDP Study by UHY: Western European Economies Saddled with Tax Burden 40 Percent Higher than the Global Average
Benzinga - 4/21/2015 9:39:01 AM
UHY examined 53 economies around the world, calculating ... equates to nearly half of the country's GDP at 48.6 percent. UHY says that Western Europe's higher taxes on businesses, individuals, investors and consumer spending could all inhibit growth.
Saudi military spending rose 17 percent in 2014: study
Yahoo News - 4/12/2015 9:59:51 PM
STOCKHOLM (Reuters) - Saudi Arabia's military spending grew 17 percent in 2014 to $80.8 billion, data from the Stockholm International Peace Research Institute (SIPRI) showed on Monday, the biggest annual hike by any of the world's top 15 military spenders.
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.