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
Stop Squandering “Defense” Dollars on Rich Allies and Failed States
Richard Viguere Conservative HQ - 10/23/2014 2:28:15 AM
Washington Post columnist Robert Samuelson noted that expenditures constitute just 3.4 percent of GDP, compared to 5.5 percent during the Cold War. But the U.S. leads the world in military spending and is allied with every major industrialized state save ...
Slovenia to cut no more military expenditure: president
The Global Times - 10/23/2014 1:09:31 AM
Slovenian President Borut Pahor met with military leaders on Wednesday and agreed the tiny Balkan country would stick to its existing ... million US dollars), which represents 1.06 percent of Slovenia's GDP, former Slovenian defence minister Roman Jakic ...
Eurozone Budget Deficits Fall Under New GDP Measure
Wall Street Journal - 10/21/2014 6:08:21 PM
ESA 2010 is intended to give a more accurate picture of what gets produced, spent and invested within the 28-country bloc ... Another boost to GDP figures will come from a similar change in the treatment of military expenditure, which will also be viewed ...
The Upside of Lower Oil Prices
Weekly Standard - 10/17/2014 1:16:38 AM
Many of the world’s most serious security ... comprising about 35 percent of Iran’s GDP. Iran’s officially reported defense spending is 4.1 percent of GDP, and spending on the country’s Atomic Energy Organization may be as large or larger.
Global Concern: Economy of China Slows to 7.3% in Q3-2014
indonesia-investments.com - 10/22/2014 7:44:24 AM
China, the world’s second-largest economy ... Perhaps the most important obstacle has been the country’s bubbling real estate sector (which accounts for about 25 percent of the country’s GDP when related industries such as steel, appliances and ...
"Our people are dying": West African leaders plead for Ebola aid at World Bank
CBS News - 10/9/2014 11:34:34 AM
MONROVIA, Liberia-- Presidents of West African countries ravaged by Ebola pleaded for aid at the World Bank on Thursday as the U.S. military ramped up its efforts ... which will be spending an untold sum to fastrack changes to improve airport screenings ...
Finnish Group Pushes Higher Defense Spending
Indian Defence - 10/17/2014 4:58:32 AM
We can not make do with less investment and spending ... with other Nordic countries and other bilateral partnerships, including with the United States, NATO and the European Union.” The MoD negotiated a 5 percent increase in the military’s procurement ...
Qatar’s GNI estimates for Q2 up by 7.9pc
The Peninsula - 10/22/2014 4:23:58 AM
If the income paid to the rest of the world ... expenditure was attributed to rising population and the price rise of consumer items in the country have led to this rise. The share of HFCE in the nominal GDP, in Q2, 2014 is estimated at 14.5 percent.
Ebola’s grim original secret: How capitalism and obscene military spending got us here
Salon - 10/22/2014 12:23:34 PM
No missile killed them, but our greed and global death-oriented spending priorities have left fingerprints on all these bodies. Here in the U.S. we spend close to $700 billion on the military annually, roughly 20 percent ... of countries in the world ...
S.African Military in "Critical Decline"
Pakistan Defence - 10/19/2014 10:39:46 AM
The mainstay of South Africa's military transport aircraft is the ageing Lockheed C-130 Hercules, which first entered service in the United States in the 1950s. The country has been ... equivalent to around 1 percent of GDP, a ratio well below other ...
Ministers approve military satellite plans
Wort.lu - 10/22/2014 1:20:50 PM
(CS/ml) The Luxembourg state is to launch a military satellite in a joint venture with ... their contributions after only the UK and the US achieved a 2 percent of GDP defence spending goal. Luxembourg currently spends around 0.4 percent of GDP on NATO ...
Israel is World’s Fourth Most-Educated Country
breakingisraelnews.com - 9/16/2014 6:39:43 AM
Israelis also tend to begin their post-secondary education at a later age, since military service ... 487 and the ninth lowest expenditure per student among OECD countries. However, when measured as a percentage of Israel’s GDP, Israel jumps to sixth ...
America is Number One! But Not in Any Way to be Proud Of.
Ring of Fire - 10/14/2014 3:32:01 PM
“In 2013, according to a report by the Stockholm International Peace Research Institute [SIPRI], the US government accounted for 37 percent of world military expenditures ... gun-related deaths than any other country,” wrote Wittner.
World News Quick Take
The Taipei Times - 10/22/2014 3:51:10 PM
Opium poppy cultivation in the country grew to an all-time high last year, despite the US spending more than US$7 billion to ... The gruesome murders have dented tourism, which generates almost 10 percent of GDP, at a time when the country is still under ...
Risk of recession in trade giant Germany casts shadow over European, global economy
Fox Business - 10/10/2014 8:08:47 PM
Germany is 28 percent of European GDP. And the value chain for companies in other countries often ... has also been dented by military conflict in Syria and Iraq. IN THE BLACK: Some say Germany can help right its economy by spending more.