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.
This remarkable chart shows how U.S. defense spending dwarfs the rest of the world
Washington Post - 2/9/2016 4:26:09 AM
On a grand scale, the report showed – yet again – that U.S. military spending easily dwarfed the rest ... in the report and among the largest budgets as a percentage of GDP in the entire world. There have been some disputes over whether Saudi ...
China's Rising Military Strength Drives up Defense Spending in Asia and US: Experts
chinatopix.com - 2/11/2016 5:28:12 AM
(Photo : Getty Images/Andy Wong) Fears over China's growing military strength -- along with the country's ... for around 40 percent of all military expenditures in the region last year, according to the IISS. The US -- by far the world's biggest military ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 2:10:00 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 ...
WELCOME TO THE ZOO | Military Spending
The Cornell Daily Sun - 2/10/2016 10:44:21 AM
The topic this week: Military ... world. In 2015, the United States government had a military and defense budget of $598.5 billion. This is more money than the next seven highest spending countries allow for military expenditures combined. 54 percent ...
Which country has the world's best healthcare system?
The Guardian - 2/9/2016 6:56:28 AM
We compare the systems in some of the world’s leading countries for healthcare. Data: France scores highly on GP numbers and on spending as a percentage of GDP, but it comes off badly in the Commonwealth Fund’s international comparison reports ...
Ghana: Corruption Will Cost Nigeria 30 Percent of GDP By 2030 - Report
AllAfrica - 2/9/2016 3:46:11 PM
especially through smaller tax base and inefficient government expenditure. PwC studies estimate Nigeria's tax revenues at 8% of GDP, which is the lowest for comparison countries; weak investment, especially Foreign Direct Investment explaining that it's ...
Is the West Losing Its Military Edge?
Popular Mechanics - 2/10/2016 10:18:42 PM
A recent report wrings its hands over a shift in military spending from ... it amounts to spending 2 percent of GDP on defense—exactly what NATO members are supposed to spend. While other Asian countries have been increasing their own defense budgets ...
West’s military superiority on global stage withering away – report
RT - 2/10/2016 7:38:14 AM
The study, which is titled “Military Balance 2016,” examines the military and defense spending capabilities of 171 countries across the globe ... Kremlin’s defense budget for 2015 sparked a 20 percent increase in military spending worldwide, while ...
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 ...
Global Wearable Electronics Industry
Technology Marketing Corporation - 2/10/2016 9:28:36 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 ...
Why 7.6% GDP growth estimate for the current year is a myth
Firstpost - 2/9/2016 1:15:51 PM
Fifthly, in a larger context, has the country seen rise in employment and income levels in line with the high economic growth as depicted by the GDP numbers ... cut their spending if it needs to meet the fiscal deficit target of 3.9 percent in fiscal ...
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.
Obama Unveils $4.1 Trillion Spending Plan For FY 2017
Quadrangle - 2/11/2016 12:13:14 AM
The budget also pledges to make Americans safer in an increasingly unsafe world through higher military spending ... deficit can be held below three percent of GDP without hurting the United States economy with hefty spending cutbacks.