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
China ups military spend by 12 percent. Are the gloves coming off?
The Christian Science Monitor - 3/5/2014 4:00:16 PM
China made headlines today with its annual military budget, up 12.2 percent to $132 billion dollars this year. That's about one quarter of the $495 billion military budget that President Obama presented to Congress yesterday. Predictably ...
How Massive Global Military Spending Became Integral to Capitalism
Alter Net - 3/9/2014 11:55:08 PM
The more deeply companies are intertwined with national states, the more they rely on those states to fight their ... Post-war US growth was probably enhanced by arms spending, but the levels of spending required during the Vietnam war sapped too much ...
Expert: China's military spending increasing at a reasonable rate
Global Security - 3/11/2014 9:15:16 PM
The Chinese government revealed plans to raise its defense budget by 12.2 percent to 808.2 billion yuan (about 132 billion U.S. dollars) in 2014. Commenting on the decision, Chen Zhou, deputy to the 12th National People's Congress (NPC) said that China's ...
Sub-anchor: Top 15 militaries account for 81% of global spending
english.cntv.cn - 3/11/2014 5:11:53 PM
China's annual military budget figure has generated controversy in some quarters of the world, even though it is still only a fraction of US defense spending. Just how does China's spending compare with other major military powers? For more on that, we are ...
China Decides On Double-Digit Hike For Military Spending In 2014, Its Highest In Three Years
Pakistan Defence - 3/4/2014 11:53:54 PM
China Decides On Double-Digit Hike For Military ... world? We have to defend one of the longest borders in the entire world, and we have powerful rival nations all around us, not the least of which is the US Navy? Our defence spending as a percentage of ...
No need for nerves over China's defense spending
新华网 - 3/5/2014 11:56:53 AM
Although China's defense budget has been growing at a steady pace over the past four years, military experts have said the ... defense spending in China's GDP stood at less than 1.5 percent last year, well below the world average of 3 percent.
China Increases Military Spending 12 Percent: Should We Worry?
US News and World Report - 3/5/2014 9:29:33 PM
"In my view, to realize the great renewal of the Chinese nation ... operations and maintenance or acquisitions, as the U.S. military does. It’s also unclear how this budget fits into the responsibilities of the Chinese People’s Armed Police ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/24/2014 11:56:14 PM
its smallest size since before World War II. Congress has already mandated nearly $500 billion in defense spending cuts in coming years, triggering a major re-evaluation of U.S. military needs. Among NATO’s European members, only Estonia, Greece and ...
China's Xi ramps up military spending in face of worried region
Reuters - 3/5/2014 9:08:04 PM
Xi also recently urged China's military leadership to work faster to get the country's sole aircraft carrier combat-ready. The spending jump is ... national security and world peace?" Beijing also claims 90 percent of the 3.5 million sq km ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 8:10:54 PM
After all, we would certainly expect that a large country with one of the world's largest economies ... is the only country in the top 15 for military expenditure that has a higher percent of its GDP dedicated to the military.
US, allies' share of world military spending shrinking-study
Reuters - 7/7/2011 11:24:21 PM
The study uses International Monetary Fund growth estimates for all countries surveyed ... to maintain existing levels of equipment. Post World War Two U.S. military spending as a percent of GDP has ranged from a 15 percent high in 1952 during ...
Countries Spending the Most on the Military
24/7 Wall St. - 6/27/2013 11:03:48 AM
The Stockholm International Peace Research Institute (SIPRI) measures annual military spending for most of the world’s armed countries ... spent 4.4% of its gross domestic product (GDP) on the military. In countries like Saudi Arabia and Oman, military ...
Global Military Spending Soars 45 Percent in 10 Years
Common Dreams - 6/8/2008 11:54:33 PM
"The factors driving increases in world military spending include countries' foreign policy objectives ... the economic burden of military spending is still moderate, at 2.1 percent of GDP". As a direct result of the increased military outlay, sales ...
Top 10 military spending nations; oil countries post biggest jumps this decade
The Christian Science Monitor - 6/2/2010 11:54:55 PM
as the world’s military spending increased nearly 50 percent over the past decade, the biggest military budget increases were seen in small, oil-rich countries flooded with new wealth. From 2000 to 2009, Chad increased its military budget 663 ...