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.
David Cameron Says He Will Increase Britain’s Military Spending
New York Times - 11/24/2015 2:22:43 AM
LONDON — In a significant reversal of British government policy, Prime Minister David Cameron promised on Monday to bolster military spending, ending years of cutbacks that had prompted critics to claim that Britain was retreating from its global role.
Bolivia says state spending to keep 2016 GDP growth flat at 5pc
Business Recorder - 11/24/2015 1:54:05 AM
LA PAZ: Bolivia's economy will grow by an estimated 5 percent next year, powered by $8.2 billion in public investment, according to the government's budget proposal submitted to Congress on Monday. Bolivia expects gross domestic product (GDP) to expand by ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 AM
This accounts for about 43% of the entire global military spending ... 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 ...
Singapore can solve First World’s problems, says QNB study
The Peninsula - 11/21/2015 10:07:23 PM
Unemployment was high at 14 percent with British military bases employing 16 percent of the population and accounting for nearly a fifth of GDP. Today, Singapore’s economy is one of the most dynamic in the world. The country acts as a global hub for ...
China increases R&D investment, still lags behind developed countries
ECNS - 11/24/2015 12:49:39 AM
R&D expenditure ... percent of the country's gross domestic product (GDP), marking its second straight year above the 2-percent mark. With R&D spending at 1 trillion yuan, enterprises were the biggest contributor, the report shows. Despite being the world ...
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 ...
Tapping Into the Growth of Emerging Market Water Infrastructure
ETF Trends Setting The Pace - 11/20/2015 6:40:59 PM
China holds only seven percent of the world’s water supply ... Over the past decade, water infrastructure spending has grown rapidly in both absolute terms and as a percentage of gross domestic product (GDP) in most emerging markets.
10 Countries Spending the Most on the Military
24/7 Wall ST - 7/10/2014 6:20:09 AM
Global ... In other countries — especially those where military spending was on the rise — military budgets were dependent on a number of factors. A country’s economy, for example, often mirrors military spending. “You need to have GDP growth ...
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.
Global milsatcom market headed for upswing
c4isrnet.com - 11/24/2015 1:18:17 AM
While civil programs account for 64 percent of the global ... Some 19 countries had programs in 2014 compared to only seven —the U.S., Russia, China, France, the U.K., Italy and Japan — in 2005. While overall satellite spending has grown among ...
Moody’s unit forecasts Philippine Q3 GDP growth at 5.8%
Philstar - 11/20/2015 11:05:50 PM
The country’s GDP growth slowed down to 5.3 percent in the first half from 6.2 percent in the same period last year due to weak global demand and lack of government spending. The expansion slightly accelerated to 5.6 percent in the second quarter from ...
ANA/TAC Report: Advertising Is US GDP’s New BFF
brandchannel - 11/20/2015 11:34:28 PM
states that advertising contributed $3.4 trillion to the US GDP in 2014, comprising 19 percent of the nation’s total economic output. Highlights of the research, conducted by IHS Global Insight, include: Advertising expenditures generated $5.8 trillion ...
Nigeria: Country Records Lowest GDP Growth in Four Years - NBS
AllAfrica - 11/23/2015 6:05:48 AM
The GDP, which is termed as the most important indicator of economic wellbeing of a nation, is the total value of all goods and services available for use and export in a country for a given period. The bureau said Nigeria's total expenditure on GDP ...
Global Wearable Electronics Industry
Technology Marketing Corporation - 11/18/2015 7:47:47 PM
Healthcare Spending as a Percentage of GDP by Region: 2014 (includes corresponding Graph/Chart) II-20 A Peek into Enabling Technologies II-20 Technical Aspects of Wearable Devices II-20 Wireless Connectivity.....II-20 Microcontrollers ...