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
Countries spending the most on the military
USA Today - 7/12/2014 6:39:15 AM
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.
Trump says U.S. won’t automatically defend NATO countries from Russia if they don’t spend more on military
National Post - 7/21/2016 1:48:38 AM
It’s too much, and frankly it’s a different world than it was when we originally conceived of the idea.” Military spending by NATO ... are expected to spend 2 percent of their GDP on defense. In fact, only five countries do, among them the United ...
World Bank Urges China Health-Care Reform to Save 3% of GDP
Bloomberg - 7/24/2016 3:39:36 AM
Without such measures, the World Bank projects that health expenditure in China will increase in real terms from 3.5 trillion yuan ($529 billion) last year to 15.8 trillion yuan in 2035, and from 5.6 percent of GDP to ... high income countries, the 200 ...
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 ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 AM
America spends 4.8% of its GDP on the military or about double the global average. In fact, 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. It is clear by any measure ...
India should become world's first cashless country
cio.economictimes.indiatimes.com - 7/22/2016 5:32:20 PM
Amounting to as much as $460 billion a year, bigger than the GDP of ... developed countries already have similar laws. Belgium, for example, which has the highest proportion of cashless transactions in the world -- 93 percent of consumer spending ...
Israel, Saudi Arabia Have World’s Largest Military Budgets as Percentage of GDP
The Algemeiner - 6/26/2015 8:06:26 AM
The two countries spending the highest percentage of their gross domestic product on defense spending are Saudi Arabia and Israel, Forbes reported on Thursday. Saudi Arabia spent 10.4 percent of its GDP in 2014 on beefing up its military, while Israel ...
An Upside Down World
Seeking Alpha - 7/23/2016 9:41:41 PM
Before the financial crisis erupted in the fall of 2008, the big four central banks of the world (US Fed ... was the first developed country to see its debt cycle peak back in the early 1990s as private debt as a percent of GDP peaked near 220%, and ...
New Report Recommends People-Centered Integrated Care as Focus of China’s Health Reform
The World Bank - 7/22/2016 7:59:40 AM
would increase health spending by 8.4 percent a year from 2015 to 2020, faster than the projected GDP growth of 6.5 percent a year. “Decades ago, China’s innovations in health such as barefoot doctors and cooperative health care showed the world it was ...
Countries Spending the Most on Military
The Wall Street Journal - 6/27/2013 7:10:34 PM
It's no secret that the U.S. spends a lot of money on its military. But how much? And how does it stack up against military spending by other countries? MarketWatch's Jim Jelter takes a look. (Photo: Getty Images)
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.
Data: Global Military Expenditures
PBS - 7/7/2000 11:56:42 PM
(Source: www.sipri.org) Global military expenditures for select countries in 2006, as percentage of gross domestic product (GDP) While the U.S. spends 4% of its GDP on its military, Japan’s spending has only recently surpassed 1% of its GDP. Here is the ...
10 Countries Spending the Most on the Military
24/7 Wall ST - 7/10/2014 6:20:09 AM
The $619 billion military expenditure in the U.S. nearly outpaced the combined spending of every other country on this list in 2013 ... In recent years, however, U.S. military outlays fell from 4.8% of GDP in 2009 to 3.8% in 2013. Reduction in military ...
Countries Spending the Most on War
Yahoo Finance - 4/20/2015 11:59:12 PM
To identify the countries spending the most on ... as a percentage of government spending. We also looked at GDP and GDP growth figures from the International Monetary Fund (IMF). In addition, we reviewed 2013 military personnel figures from the World ...