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
China ups military spend by 12 percent. Are the gloves coming off?
The Christian Science Monitor - 3/5/2014 4:00:16 PM
China made headlines today with its annual military budget ... Some in Washington have even accused Beijing of “freeloading.” That era is now over. Not that the Chinese military is as powerful as America’s. Beijing may have the world's ...
Global Military Spending Is Now an Integral Part of Capitalism
Common Dreams - 3/8/2014 3:06:36 PM
There are few surprises about the distribution of military spending: for all the current focus on China's growing military outlays – and it is significant that they have embarked on a sequence of double-digit increases as a percentage of GDP ...
DPP urges raising military spending to 3% of GDP
Global Security - 3/4/2014 2:14:05 PM
Taipei, March 4 (CNA) The opposition Democratic Progressive Party (DPP) urged the government Tuesday to increase its military spending to 3 percent of the country's gross domestic product (GDP) in light of China's growing military strength. The military ...
China Decides On Double-Digit Hike For Military Spending In 2014, Its Highest In Three Years
Pakistan Defence - 3/4/2014 11:53:54 PM
They may spend billions dollars to ... effective for 10-20 years. With no wars, things like bullet proof vest and a few other things that have expiration date can't be mass produced or it will go bad, if there are not wars, unlike America, war in every ...
China Increases Military Spending 12 Percent: Should We Worry?
US News and World Report - 3/5/2014 9:29:33 PM
The latest reports on China’s military spending leave many watchers wondering whether, at a time of massive U.S. budget cuts, whether Americans and their allies should change their tone. “I see the Chinese as very opportunistic,” says ...
No need for nerves over China's defense spending
新华网 - 3/5/2014 11:56:53 AM
Although China's defense budget has been growing at a steady pace over the past four years, military experts have said the ... defense spending in China's GDP stood at less than 1.5 percent last year, well below the world average of 3 percent.
Inside China’s Military Spending
Wall Street Journal - 3/6/2014 11:34:13 AM
This year marks the third in a row that China's official military spending is projected to outpace GDP growth ... with Japan over World War II history illustrates just how difficult a task the world’s most populous country faces in overcoming ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/24/2014 11:56:14 PM
its smallest size since before World War II. Congress has already mandated nearly $500 billion in defense spending cuts in coming years, triggering a major re-evaluation of U.S. military needs. Among NATO’s European members, only Estonia, Greece and ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 8:10:54 PM
After all, we would certainly expect that a large country with one of the world's largest economies ... is the only country in the top 15 for military expenditure that has a higher percent of its GDP dedicated to the military.
US, allies' share of world military spending shrinking-study
Reuters - 7/7/2011 11:24:21 PM
The study uses International Monetary Fund growth estimates for all countries surveyed ... to maintain existing levels of equipment. Post World War Two U.S. military spending as a percent of GDP has ranged from a 15 percent high in 1952 during ...
Countries Spending the Most on the Military
24/7 Wall St. - 6/27/2013 11:03:48 AM
The Stockholm International Peace Research Institute (SIPRI) measures annual military spending for most of the world’s armed countries ... spent 4.4% of its gross domestic product (GDP) on the military. In countries like Saudi Arabia and Oman, military ...
Global Military Spending Soars 45 Percent in 10 Years
Common Dreams - 6/8/2008 11:54:33 PM
"The factors driving increases in world military spending include countries' foreign policy objectives ... the economic burden of military spending is still moderate, at 2.1 percent of GDP". As a direct result of the increased military outlay, sales ...
Top 10 military spending nations; oil countries post biggest jumps this decade
The Christian Science Monitor - 6/2/2010 11:54:55 PM
as the world’s military spending increased nearly 50 percent over the past decade, the biggest military budget increases were seen in small, oil-rich countries flooded with new wealth. From 2000 to 2009, Chad increased its military budget 663 ...
World's military spending slows
Deseret News - 4/11/2011 3:46:11 AM
STOCKHOLM — The world's military spending grew by only 1.3 ... South America was the region with the largest military spending growth of 5.8 percent, with countries such as Brazil seeking to increase its international influence, said the Stockholm ...