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
Think tank: Some NATO countries cutting defense spending
Military Times - 2/26/2015 4:33:49 PM
Of the countries surveyed, the think tank said, only Estonia in 2015 will meet the spending goal of 2 percent of GDP. This year, the report said, Britain is on course to spend the lowest percentage of its national wealth on defense in 25 years. In Germany ...
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 ...
Will the real leader of the free world please stand up?
American Thinker - 3/1/2015 11:29:37 AM
... also spends 1.4 percent of GDP on its military. Perhaps it too can be leader of the free world. By comparison, France and the U.K. spent 2.2 and 2.3 percent, respectively, in 2013 – meeting the NATO defense spending target at that time. Other ...
Link foreign aid to defence, boost military spending – UK Lords
RT - 2/27/2015 2:52:25 PM
A bill that seeks to enforce a government pledge to spend 0.7 percent of UK GDP ... country is stuffed,” he said. READ MORE: ‘Sign of weakness’: Tories to scrap NATO’s 2% defense spending target However, the hawkish argument that ramped up military ...
10 countries spending the most on their military
Market Watch - 9/3/2014 4:53:27 AM
Although arms expenditure has actually increased in much of the world, military spending in the U.S. — which ... world’s largest oil reserves. At 9.3%, the country’s spending as a percentage of GDP was second only to Oman, another oil-rich nation ...
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.
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 ...
Nato spending promises largely ignored
Financial Times - 2/26/2015 11:57:38 PM
Britain, Canada, Germany and Italy are all forecast to cut military ... All three countries already fall significantly short of their Nato commitments — each allocating 1-1.2 per cent of GDP to defence. Germany’s low defence expenditure has been ...
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 ...
India in 'sweet spot' of lower deficits, more growth: government
Reuters - 2/27/2015 7:14:17 AM
The Economic Survey, the basis for Jaitley's budget for the fiscal year starting April 1, forecast growth of 8.1 percent to 8.5 percent under new calculations that make India the ... not as rosy as GDP data suggests. Earnings of the country's top 100 ...
Estonia's ruling, pro-NATO centre-right claims election win
Reuters - 3/1/2015 10:49:39 PM
Under Reform-led coalition governments, Estonia has been one of few NATO members to keep defence spending ... 9.6 percent of GDP, against 175 percent for Greece. Unemployment was 7.4 percent in 2014, down from 16.7 percent in 2010 when the country was ...
Iceland Tops List Of World’s Most Peaceful Countries; ‘No Standing Army’ And Good ‘Welfare System’ Important Factors For Winning
kdramastars.com - 2/27/2015 8:36:01 PM
The Global Peace Index (GPI) gauges national peacefulness and last year's report indicated that the world became less ... from a nation's level of military expenditure to its relations with neighbouring countries and the percentage of prison population."
5 reasons US economy is stronger than Q4 GDP suggests
Keloland - 2/27/2015 4:04:00 PM
One-time factors, such as a 16 percent surge in federal defense spending ... While GDP growth slowed in the fourth quarter, the job market was on a roll. The surge continued into January, giving the country the strongest pace of job creation in 17 years ...
World Military Strength, The 15 countries with the highest military expenditure
Indian Defence - 3/26/2014 11:56:26 PM
from the International Monetary Fund’s (IMF) World Economic Outlook database, Oct. 2012. b, The figures for military expenditure at PPP exchange rates are estimates based on the projected implied PPP conversion rates for each country from the IMF World ...
China to Increase Defense Spending
The Washington Free Beacon - 2/17/2015 3:25:45 PM
China’s leaders have routinely sought to justify the country’s military modernization by linking defense spending to rapid GDP growth. But growth of 7.4 percent last year was the slowest in 24 years, and a further slowdown to around 7 percent is ...