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
Taiwan Plans Military Spending Surge to Counter Rising China
Bloomberg - 3/16/2017 1:38:23 AM
Local defense expenditures have declined since the 1980s, when Taiwan spent more than 5 percent of GDP on its military ... “It would be difficult for Taiwan to compete with China’s world-class military power,” Liu said. “The wisest choice for ...
Spain assures 2% of GDP spending on defence by 2024
Webindia 123 - 3/24/2017 5:10:48 AM
The Spanish official said at a press conference afterwards that Spain, one of the NATO countries with the lowest military spending was committed to ... that Spain spends less than one percent of its GDP on defence, making it one of the NATO members ...
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.
How big is Trump’s 10 percent defense increase? It’s three times Canada’s annual military budget, for one.
Public Radio International - 3/16/2017 3:43:04 PM
Defense would be the biggest winner, with a $52 billion increase that amounts to more than three times Canada's total military expenditures ... has a much higher GDP. If we compare defense spending in these countries based on the percentage of GDP, for ...
U.S. is Paying 22% of NATO’s Budget (NATO Has 28 Member Countries)
minutemennews.com - 3/19/2017 11:53:25 PM
There are currently 28 member countries in the NATO alliance ... Here’s a prime example: “The United States dedicated 3.36 percent of GDP (around $664 billion, according to NATO figures) to military spending in 2016. Germany has not, having ...
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 - 3/13/2017 11:53:23 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 ...
Defense expenditures of NATO countries as a percentage of GDP 2016
www.statista.com - 3/22/2017 1:34:15 PM
In 2016, the United States will spend an estimated 3.61 percent of its GDP on defense ... spending between 2006 and 2015, by world region Military spending in the Middle East and North Africa in 2015, by selected country (in billion U.S. dollars)*
France's defense a key issue for country's next president
Philstar - 3/20/2017 12:07:44 AM
France's military is on the front line of the fight against terrorism — one of the biggest challenges for the ... DEFENSE SPENDING Leading presidential candidates are proposing increasing the French defense budget to at least 2 percent of GDP by the ...
Lithuanian FM Says Vilnius Will Increase NATO Defense Spending in 2018
globalsecurity.org - 3/29/2017 2:34:33 AM
The issue of the contributions to the alliance has been raised repeatedly by the new US administration, insisting on all countries honoring their NATO budget responsibilities. The target of spending 2 percent of the GDP mandated by NATO was adopted at the ...
Op-ed: Trump's trade policy review can rev up world economy
Yahoo Finance - 3/27/2017 3:58:39 PM
Imagine, for example, what would happen if their surpluses – approximately 1.3 percent of the world GDP – were "put ... exports by suppressing domestic spending. (Recycling their trade surpluses to finance deficit countries is not a solution; that ...
Allied spending tops agenda as Tillerson heads to NATO
Stars and Stripes - 3/29/2017 9:44:03 AM
In 2014, NATO members agreed to increase spending to 2 percent of GDP by 2024 ... from Trump. The country has long been reluctant to build a military that matches its economic heft, a consequence of the its crushing defeat in World War II.
NATO Funding: Trump Bills Merkel Billions For Money 'Owed' To Military Alliance, As White House Denies Report
International Business Times - 3/27/2017 10:29:22 AM
Read: Countries Look To Make Montenegro Newest NATO Member To Deter Russian Influence In Eastern Europe NATO’s 28 member countries are required to maintain a level of military ... spending and work toward contributing at least 2 percent of GDP.”
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 ...
What Percent of Gdp Do Countries Spend on Their Military?
brainz.org - 3/14/2017 12:29:10 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 ...