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
Countries spending the most on the military
USA Today - 7/12/2014 6:39:15 AM
In the U.S., lower military spending ... data on military expenditure in over 170 countries. We reviewed SIPRI data on military exports, imports and military expenditure as a percentage of gross domestic product. We also reviewed GDP and GDP growth figures ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 AM
After all, we would certainly expect that a large country with one of the world's largest economies like ... 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.
US economy grew at unchanged 2.2 percent rate in Q4 (+video)
The Christian Science Monitor - 3/26/2015 11:53:04 PM
The economy had surged at a 5 percent rate in the third quarter. In the final look at fourth quarter GDP, consumer spending was more robust than ... rate of 2.1 percent in the first quarter as the country was hit by a series of severe winter storms.
10 Countries Spending the Most on the Military
24/7 Wall ST - 7/10/2014 6:20:09 AM
The Stockholm International Peace Research Institute (SIPRI) measures annual military spending for most of the world’s armed countries ... military expenditure as a percentage of gross domestic product. We also reviewed GDP and GDP growth figures ...
Brazilian giants take bite out of world food sector
The Business Insider - 3/29/2015 10:52:14 PM
will have a 51 percent stake of the new group under an agreement with Warren Buffett's Berkshire Hathaway to create North America's third-largest food and beverage conglomerate. The move comes after Brazilian group JBS, the world's market leader in meat ...
Brazil Economy: Country's Economy Expanded By 0.1 Percent in 2014, Analysts Say 2015 Will Be Difficult
The Latin Post - 3/27/2015 2:47:51 PM
Although it remains the world's seventh largest economy, last year the nation of Brazil very narrowly avoided experiencing an economic contraction, or a decline in gross domestic product, as it had a growth rate of a mere 0.1 percent. This latest economic ...
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.
3% of GDP in 2016/2017 budget to go to health, 6% to education: Dimian
MENAFN - 3/30/2015 8:46:22 AM
(MENAFN - Daily News Egypt) The targeted spending on health in the fiscal year (FY) 2016/2017 budget is around 3% of the Gross Domestic Profit (GDP), while the government ... financial issues between the country's public sectors, which have been ...
Federal budget the work of liars
ABQJournal - 3/29/2015 11:56:40 PM
... spending would exceed 20 percent of GDP. Two great questions would define a genuine budget debate. How much should spending on the elderly dictate national priorities? And, how large a military does today’s perilous world require? Of course, this wo ...
Opinion: Liberal Internationalism
Liberal Democrat Voice - 3/30/2015 7:23:28 PM
Our combined military spending ... percentage of GDP figures, and Sir Nick Harvey has written elsewhere here that expecting major procurement projects to fit inside an arbitrary percentage of GDP rather than being led by the defence needs of the country ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/19/2014 11:55:00 PM
Despite impending cuts in the armed forces of many of its member nations, NATO remains by far the largest military force in the world ... for more than 70 percent of the total defense expenditures of NATO’s 28 member countries. The release of the ...
World Cuts Back Military Spending, But Not Asia
Inter Press Service - 4/14/2014 9:50:42 AM
WASHINGTON, Apr 14 2014 (IPS) - For the second year in a row, the world is spending a little less on ... Even Japan, which has traditionally kept its military spending to under one percent of GDP, is getting into the act. Tokyo has promised of a 2.8 ...
Tourist spending to rise 6pc this year
The Daily Star - 3/28/2015 6:07:06 PM
Spending by domestic tourists is expected to grow about 6 percent year-on-year in 2015 to Tk 51,770 crore, World Travel & Tourism ... of travel and tourism to GDP reflects the 'internal' spending within a particular country by residents and non-residents ...
Things to know about Nigeria, as country votes for president
Newsbug Information - 3/28/2015 12:09:11 PM
ECONOMY: Crude oil drives Africa's biggest economy, funding an estimated 80 percent of all government spending ... after the death of the country's elected Muslim leader in May 2010, is in a close contest against former military ruler Muhammadu Buhari ...
Philippine use of foreign aid improves in the fourth quarter
interaksyon.com - 3/29/2015 4:18:32 PM
GDP is the amount of final goods and services produced in the country ... At least 40 percent of the ODA was earmarked for infrastructure spending. Nearly 90 percent of the Philippines’ ODA in the fourth quarter came from the World Bank, Japan ...