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
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 ...
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.
US economy grew at unchanged 2.2 percent rate in Q4 (+video)
The Christian Science Monitor - 3/26/2015 11:53:04 PM
The economy had surged at a 5 percent rate in the third quarter. In the final look at fourth quarter GDP, consumer spending was more robust than ... rate of 2.1 percent in the first quarter as the country was hit by a series of severe winter storms.
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 ...
Brazil Economy: Country's Economy Expanded By 0.1 Percent in 2014, Analysts Say 2015 Will Be Difficult
The Latin Post - 3/27/2015 2:47:51 PM
Although it remains the world's seventh largest economy, last year the nation of Brazil very narrowly avoided experiencing an economic contraction, or a decline in gross domestic product, as it had a growth rate of a mere 0.1 percent. This latest economic ...
Here’s how the world is funding its armies
Global Post - 4/14/2014 7:30:31 PM
For example, since 2008, Austria, Belgium, Greece, Ireland, Italy, the Netherlands, Spain, the UK, and every country in Central Europe (except for Poland) have all cut their military ... 9.3 percent of its GDP. That’s 3.8 percent of the world’s spending.
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 ...
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 ...
Tourist spending to rise 6pc this year
The Daily Star - 3/28/2015 6:07:06 PM
Spending by domestic tourists is expected to grow about 6 percent year-on-year in 2015 to Tk 51,770 crore, World Travel & Tourism ... of travel and tourism to GDP reflects the 'internal' spending within a particular country by residents and non-residents ...
Things to know about Nigeria, as country votes for president
Newsbug Information - 3/28/2015 12:09:11 PM
ECONOMY: Crude oil drives Africa's biggest economy, funding an estimated 80 percent of all government spending ... after the death of the country's elected Muslim leader in May 2010, is in a close contest against former military ruler Muhammadu Buhari ...
Philippine use of foreign aid improves in the fourth quarter
interaksyon.com - 3/29/2015 4:18:32 PM
GDP is the amount of final goods and services produced in the country ... At least 40 percent of the ODA was earmarked for infrastructure spending. Nearly 90 percent of the Philippines’ ODA in the fourth quarter came from the World Bank, Japan ...
Partners in budget posturing
Washington Post - 3/29/2015 11:56:40 PM
... spending would exceed 20 percent of GDP. Two great questions would define a genuine budget debate. How much should spending on the elderly dictate national priorities? And, how large a military does today’s perilous world require? Of course, this wo ...
Britain by Itself
Mareeg - 3/28/2015 9:06:03 PM
Prime Minister David Cameron has said that a referendum is needed in order to prevent the country ... maintain its military commitments. The UK has a long track record of scolding its European NATO partners for not spending the 2% of GDP that each has ...
Military Spending Could Drop Below Two Percent of GDP, Admits Prime Minister
Breitbart News - 1/5/2015 4:31:04 PM
Speaking on Sunday-morning political talk programme the Andrew Marr Show, David Cameron failed to make a pledge to guarantee military spending levels ... is that a nation spends at least two percent of its GDP on the military. In reality many of the ...
China hiked military spending by 10% as Japan moves towards militarization
Times of India - 3/4/2015 10:38:56 PM
"Compared with major countries in the world, the road to China's defense ... and 10.7 percent in 2013. China's military expenditure in 2014 accounted for less than 1.5 percent of GDP, well below the world's average of 2.6 percent, the official media ...