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
Hold On, Japan Still Missing Key Pillar of Growth
CNBC - 5/16/2013 3:11:03 AM
Capital spending, which accounts for around 15 percent of the country's gross domestic product (GDP), is an important indicator of business confidence. "Companies are still cautious about ramping up investment and you really need to see a higher level of ...
60 percent population living below poverty line: World Bank report
Business Recorder - 5/19/2013 12:22:52 AM
Sixty percent of Pakistan's population is living below poverty line, a World Bank report entitled World Development ... A comparison of regional countries showed that the poverty rate in Sri Lanka and Nepal was significantly less than Pakistan ...
Future of the Brazilian Defense Industry - Market Attractiveness, Competitive Landscape and Forecasts to 2018
International Business Times - 5/16/2013 11:17:49 AM
Defense Expenditure as a Percentage of GDP of Largest Military Spenders (%), 2012 Figure 23: Brazilian Defense Imports by Country (%), 2008-2012 Figure 24: Brazilian Defense Imports by Category (%), 2008-2012 Figure 25: Brazilian Defense Exports ...
IMF Says Bahrain’s Growing Debt May Be Unsustainable by 2018
Bloomberg - 5/18/2013 2:25:44 AM
The nation’s economy may expand 4.2 percent in 2013, the IMF said in its World Economic Outlook in April, two percentage points less than the government forecast. Standard & Poor’s cited improvements in the “political, economic and fiscal ...
Russian GDP Growth at 1.6% as Economy Weakest Since 2009
Bloomberg - 5/17/2013 2:15:36 PM
Russia’s economy grew at the weakest pace since 2009 in the first quarter as the euro area’s longest recession hurt demand for commodity exports and investment at companies including OAO Gazprom cooled. Gross domestic product rose 1.6 ...
Foreign holdings of U.S. debt almost equal the entire GDP of the U.S. economy
Natural News.com - 5/7/2013 5:30:35 AM
For the record, U.S. GDP - the sum total amount of all goods and services produced in the country in a single ... "[I]f the laws that govern taxes and spending do not change, federal debt held by the public will reach 76 percent of GDP by the end of ...
The World's 5 Most Debt-Ridden Countries
The Motley Fool - 5/18/2013 6:10:38 PM
No economic conversation has captured the public's eye quite like the explosion of national debt. From the U.S. to Europe to Asia, leading economies have staved off the worst of the recession by incurring runaway debts that have blossomed to the ...
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 ... 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.
UPDATE 1-NZ ups 2015 surplus on moderate growth, starts spending
Reuters - 5/16/2013 2:28:06 AM
Government net debt is seen peaking at 28.7 percent of GDP in 2014/15 ... but the country was still outperforming most other developed economies. In December, the government reiterated the need for spending controls and cut growth forecasts ...
President calls for increasing expenditure on research
New York Daily News - 5/11/2013 2:51:20 PM
New Delhi, May 11 — India spends only 0.9 percent of its GDP on research and ... to the private sector to increase expenditure on research, Mukherjee said: "The private sector, which contributes one-fourth of our country's expenditure on research and ...
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 ...
BIPARTISAN MADNESS AND THE NEED TO CUT MILITARY SPENDING
American Reporter - 5/18/2013 3:30:10 AM
One might be the amount of money that the United States spends on its military. More than two decades ... They want defense spending as a share of GDP to be no less than 4 percent. But to get this and still meet their cherished goal of cutting taxes ...
IMF Mission Concludes the 2013 Article IV Mission to the Republic of Congo
appablog.wordpress.com - 5/14/2013 6:48:11 AM
While the current account is expected to improve, the country remains vulnerable to ... a shortfall in oil revenue equivalent to 4.8 percent of non-oil GDP, a reduction in government spending, as well as much higher-than-anticipated payments ...
Niger increases budget spending over Mali military intervention
Yahoo! News - 5/12/2013 7:43:39 PM
Niger has increased budgetary spending for 2013 by six percent in part to help cover the costs of a military deployment aimed at driving al Qaeda-linked Islamist rebels out of its West African neighbour Mali. Niger, the world's least developed country ...
U.S. Legal System Is World’s Most Costly: Study
Claims Journal - 5/16/2013 6:48:48 PM
The study compared liability costs as a percentage of GDP using general liability insurance sold ... in liability costs including the mix of businesses in a country, spending on government social programs, and the cost of private healthcare.