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
Hungary to boost defence spending to 2 percent of GDP - minister
Reuters - 1/12/2017 4:11:50 AM
BUDAPEST Hungary will increase its defence spending gradually ... we will could reach 2 percent (of GDP)," he said. The minister said Hungary would embark on a defence development programme, which would include the procurement of military helicopters.
Countries spending the most on the military
USA Today - 7/12/2014 3:50:26 PM
Like many of the countries with the biggest military budgets, Saudi Arabia benefits from one of the 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 in the Middle East.
16 Military Spending Facts That Will Blow Your Mind
INSIDER MONKEY - 1/10/2017 2:22:40 PM
16 Military Spending Facts That Will Blow Your Mind about the world’s most powerful country ... Despite the large expenditure on defense, the percentage spend of U.S GDP on the military remains well below what it was during times of war.
Military expenditure - percentage of GDP in highest spending countries 2015
www.statista.com - 1/1/2017 11:23:03 PM
Forecast increase in military and defense spending 2010-2020, by world region Forecast ... in Asia Pacific in 2015, by country Military expenditure in Asia Pacific in 2015, by country Military expenditures - percentage by region 2015 Military expenditures ...
Rising Inequality? You Bet. Richest 1 Percent Of Indians Own 58 Percent Of Country's Wealth Says Oxfam
Outlook India - 1/16/2017 8:46:16 AM
"Over the next 20 years, 500 people will hand over USD 2.1 trillion to their heirs –- a sum larger than the GDP of India, a country of 1.3 billion people," Oxfam said. The study findings showed that the poorest half of the world has less wealth than had ...
The Biggest Military Budgets As A Percentage Of GDP [Infographic]
Forbes - 6/25/2015 1:01:07 PM
No country ... States in military expenditure. In 2014, US military spending reached $571 billion, a huge distance ahead of second placed China’s $129.4 billion. However, when military budgets are viewed as a percentage of a nation’s GDP, things ...
What Percent of GDP Do Countries Spend on Their Military?
wisegeek.com - 12/23/2016 11:55:12 PM
GDP is usually calculated by adding up all of the spending within a ... strength or overall power of that military. The following table shows the countries around the world that have traditionally spend the highest percentage of their published GDP on ...
Countries With The Highest Expenditures On Medicines As A Percentage Of GDP
worldatlas.com - 8/25/2016 5:03:20 AM
The United States dedicates 2% of its GDP to buying medicines, the highest in the world, followed by Japan and Greece. The higher number of aged people in the developed world has led to increased expenditure on medicines. Many countries in the world today ...
Hospital Pharmaceuticals Market is expected to reach US$280.3 bn at a CAGR of 3.9% by the end of 2023
Medgadget - 1/13/2017 10:30:03 AM
... United States spends higher on healthcare than any other country in the world (when healthcare expenses are calculated as a percentage of the total GDP). In the U.S., healthcare expenditure constituted 17.1% of the country’s GDP in 2011. This share ...
Denmark to raise military spending, citing Russian threat
Reuters - 1/13/2017 4:10:39 AM
But Claus Hjort Frederiksen said that despite pressure from allies including incoming U.S. President Donald Trump, Denmark was not able to meet the NATO defence spending target ... Denmark spent about 1.2 percent of GDP on defence in 2016.
Military expenditure (% of GDP) in Least developed countries UN classification
tradingeconomics.com - 1/2/2017 5:16:48 PM
Military expenditure (% of GDP) in Least developed countries UN classification was last measured at 2.25 in 2014, according to the World Bank. Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and ...
Romanian economy to grow by 5.2 percent in 2017, PM Grindeanu says
business-review.eu - 1/16/2017 10:26:29 AM
Moreover, Romania will have a GDP of 815 billion and the economy will provide a total of 189,000 new jobs. PM Sorin Grindeanu argued that Romania’s budget deficit will stay below under 3 percent in 2017, and the country ... and expenditures of 277.2 ...
Military Expenditures as a Percentage of GDP
highered.mheducation.com - 1/8/2017 9:38:42 AM
in many of the world's developing countries, military expenditures have risen between 15 percent and 20 percent per year for the past few years, averaging out to 7. 5 percent per year for the past quarter century. Even though many developing countries ...
INTERVIEW-Hungary to boost defence spending to 2 pct of GDP -minister
news.trust.org - 1/12/2017 4:00:31 PM
BUDAPEST, Jan 12 (Reuters) - Hungary will increase its defence spending ... could reach 2 percent (of GDP)," he said. The minister said Hungary would embark on a defence development programme, which would include the procurement of military helicopters.
What Percent of Gdp Do Countries Spend on Their Military?
brainz.org - 1/2/2017 10:14:27 AM
Based on the information printed on the CIA World Factbook, the government spending ... very large 33.9 percent of its gross domestic product on its military. A list of the top spenders in the military based on the GDP is listed below: Country Percentage ...