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, 2014See also: Military expenditures - percent of GDP map
Top 15 Intelligence Agencies With Biggest Budgets In The World
INSIDER MONKEY - 10/4/2015 1:24:30 PM
What are the top intelligence agencies with the biggest budgets in the world ... their countries. In order to rank intelligence agencies with highest spending (and biggest budgets), we looked into their spending patterns, the percentage of GDP spent ...
The 10 Best Economies In The World
The Huffington Post - 10/2/2015 8:36:22 PM
The global economy ... of that GDP level. High GDP per capita might be due to conditions that cannot be necessarily maintained in the long-term such as availability of natural resources and high public spending.” Still, a country’s competitiveness ...
You can’t deport 11.4 million people and simultaneously grow the military
Washington Post - 9/28/2015 2:57:31 PM
According to the International Futures (IFs) modeling platform–a computer simulation of global development used ... Assuming that military spending as a share of GDP declines from 4 percent of GDP today to around 3.7 percent of GDP by 2025, military ...
Donald Trump Has the Right Idea: If America Is Going to Defend the World, Rich Allies Should Pay Up
CATO Institute - 9/29/2015 11:53:12 PM
Washington should stop using the Pentagon as a global welfare agency ... For devoting so little to the military the EU, minus the four countries spending more than two percent of GDP on the military, would have to kick in another percent.
Poland Launches Effort To Help Arm E. European Allies
Defense News - 10/4/2015 3:33:21 PM
The move comes as many regional countries are increasing ... to “developing new military capabilities.” With its latest decision, Tallinn is confirming earlier plans to expand military spending to more than 2 percent of GDP. “The stable increase ...
Chinese Domino Effect Threatens World Markets
THE PREFACE - 10/1/2015 9:46:09 AM
No country can grow at 10 percent ... the good results was strong consumer spending. This is at odds with global test score comparisons where China does well. In the first quarter, real GDP increased 0.6 percent. The prices of other commodities, such ...
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.
Will Indonesia's Military Budget Fall or Rise?
The Diplomat - 9/30/2015 3:49:25 AM
Around Rp30 trillion of that amount, Siddiq said, would be used to purchase military ... defense spending to 1.5 percent of GDP and even double the budget in 2016 as Indonesia seeks to develop a Minimum Essential Force by 2024 and serve as a global ...
Global economy will affect U.S. elections
Sun-Journal - 10/3/2015 4:28:49 AM
After the 2008-09 financial crisis, the consensus was that the New World ... countries are only about 4 percent of the economy (gross domestic product). Any loss of exports can be overwhelmed by higher consumer spending, which is nearly 70 percent of GDP.
Speech by World Bank Group President Jim Yong Kim: Shared Prosperity: Equal Opportunity for All
The World Bank - 10/1/2015 2:11:00 PM
One answer is to encourage countries to do all they can to boost growth – which often means enacting reforms, like ending regressive fossil fuel subsidies, improving the business climate, and making public expenditures ... world 5 to 10 percent of global ...
Trump: Bringing Syrian refugees to U.S. could result in military coup
CNN - 10/3/2015 8:13:42 PM
Washington (CNN)Donald Trump said Saturday that bringing Syrian refugees to the U.S. could result in "one of the great military coups of all time." "This could be one of the great military coups of all time if they send them to our country -- young ...
Israeli exports hit hard by Palestinian boycott, World Bank says
Electronic Intifada - 10/1/2015 11:57:59 PM
But the trade deficit stands at 38 percent of GDP, which is “extraordinarily high.” The trade deficit describes when a country’s imports ... economy,” the World Bank states. In other words, an end to the Israeli military occupation would allow ...
Can World’s Worst Case of Inequality be Fixed by Pikettian Posturing?
Counter Punch - 10/2/2015 8:54:51 AM
Parsons’ desired full-on neoliberal onslaught has faced resistance from a working class that the World ... social spending: South Africa ranks a pathetic fifth from the bottom of 40 major countries in this category (as a share of GDP), and the last ...
The Biggest Military Budgets As A Percentage Of GDP
econintersect.com - 7/4/2015 10:08:47 PM
U.S. military expenditure "only" amounted to 3.5 percent of GDP in 2014, despite the amount spent topping $570 billion. This chart shows estimated military expenditure as a % of GDP in selected countries in 2014.
US Defense Sales Surge: Is Weapons Spending Increase In Europe, Middle East And Asia Prompted By Regional Turmoil?
International Business Times - 9/30/2015 1:07:46 PM
The re-emergence of Russia's military muscle has also forced many countries ... 2014 with $13.02 billion, a 9.5 percent increase from 2013, according to the most recent data. Over the same period, Lockheed Martin, the world’s biggest defense contractor ...