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
Study: Military service contributes to Israeli longevity
Jewish Telegraphic Agency - 12/8/2016 11:19:54 AM
... spending and length of service among the countries, the gap between Israel and the others shrank nearly to zero. “This variable alone (the interaction between military spending as a percent of GDP and length of military service) essentially explains ...
Israeli Army men have one of the world’s highest life expectancies
New York Post - 12/7/2016 2:52:51 AM
Israelis in the army can toast l’chaim to their military service, which may be adding years to their lives, according to a new study. Israeli men enjoy one of the world ... over 80 percent of the variance in life expectancy among other countries ...
Japan's economic growth in July-Sept revised to 1.3 percent
Santa Maria Times - 12/8/2016 11:05:35 AM
The preliminary estimate put annual growth at 2.2 percent in the last quarter. Quarterly growth for the world's ... Japan's gross debt-to-GDP ratio, which at more than twice the size of the economy is the biggest among major industrial countries.
OECD Overlooks Amazing Success Of Low-Tax Singapore, Urges Higher Taxes In Asia
swarajyamag.com - 12/7/2016 12:04:02 PM
Their research showed how larger levels of government spending are ... toward the minimum tax-to-GDP ratio of 25% deemed essential to become a developed country”. This is a jaw-dropping assertion in part because most of the world’s rich nations became ...
Tax Shelters: How to save money by spending money
freethoughtblogs.com - 12/7/2016 5:26:09 PM
(For example, the US which copied its plan from the Great Depression: Cut off spending and trade ... that the program is expected to raise the country’s gross domestic product (GDP) growth by 0.64 percentage point for 2009 if all the coupons are used ...
Stagnant economy, yawning deficit keep heat on Zimbabwe’s Mugabe
The Zimbawe Mail - 12/8/2016 9:42:40 PM
Chinamasa said the country was facing “a number of headwinds ... 3,14 billion in 2016. • Capital expenditure to take up $520 million, or 3,6 percent of GDP; • Trade deficit to narrow from $1,985 billion in 2016 to $1,537 billion in 2017.
Australia economy slows as government spending falls
Business Recorder - 12/7/2016 11:49:43 AM
It was the weakest figure in eight years -- despite the recent upswing in commodity prices -- and underlined the challenges facing a country in transition from a mining investment boom. "The contraction in real GDP ... spending grew by a slow 0.4 percent.
Non-OPEC producers might not be scared enough to cut oil output
CNBC - 12/8/2016 3:51:55 PM
The Organization of the Petroleum Exporting Countries played hardball ... Sources: IMF World Economic Outlook Database October 2016 (general government revenue and expenditure, percent of GDP); Energy Information Administration (production of crude oil ...
Politics of disunity
Philstar - 12/6/2016 6:17:27 PM
Inflation started to rise to 2.3 percent in October compared to 1.4 percent last year. Expenditures ... by the World Competitiveness Report by the World Economic Forum. The Philippines dropped from 47th to 57th place in the ranking of 138 countries ...
NATO, EU Make Show of Unity Amid Uncertainty Posed by Trump
ABC News - 12/6/2016 12:26:41 PM
Fewer than half a dozen of the 22 allies in the EU spend 2 percent of their gross domestic product ... U.S. administration that European allies are spending more and that the world's biggest military alliance is already doing plenty to combat terrorism.
Will Trump Renegotiate NATO Treaty?
scout - 11/30/2016 11:53:51 PM
If we cannot be properly reimbursed for the tremendous cost of our military protecting other countries ... minimum spending targets. The alliance set non-binding targets for defense spending – two percent of gross domestic product (GDP) – which ...
Lasting lessons of Pearl Harbor | Editorial
Sun Sentinel - 12/7/2016 8:39:26 PM
America's military preparedness would never be the same. The CIA, the Department of Defense and the National Security Council were established, and America quickly became the world's dominant superpower. In fiscal year 2015, U.S. military spending was ...
Dollar Strength To Weigh On GDP
The Huffington Post - 12/7/2016 2:05:43 PM
A rising dollar makes US exports less competitive relative to products and services sold by competitors based in countries with weakening ... is measured by the following formula: GDP = Personal Consumption Expenditures (~68% of total GDP in 2015 ...
Econometric Modeling Of The Price Of The US Dollar
Seeking Alpha - 12/7/2016 12:39:49 PM
With the dollar as the world's reserve currency ... as measured using the personal consumption expenditures price index (PCEPI) Effective federal funds rate US current account as a percentage of GDP US federal surplus/deficit as a percentage of GDP ...
Military aggression resulted in revival of Ukrainian army, but in USSR format
112.international - 12/7/2016 5:47:38 PM
This does not allow closing all directions on maintenance to reach 100 percent. Adviser to the ... a 2.5% of GDP. And all military block gets 5% of GDP "- explains Zhdanov. In developed countries, 2-4% of GDP is allocated only for the needs of the armed ...