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
Military Costs by Country Shouldn't Matter for NATO or U.S., Germany Insists
News Week - 3/17/2017 2:30:17 PM
Loyalties between allies shouldn't rest solely on military spending ... its defense spending was "simply a matter of fairness in the alliance." Germany, one of the world's richest nations, spends only 1.2 percent of its GDP on military costs.
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 ...
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 ...
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 ...
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 ...
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.
Comparing China-US military spending: apples and oranges?
foreignaffairs.co.nz - 3/16/2017 8:40:43 AM
Granted, China does have the world’s second-largest military ... another country. Annual increases in China’s defense budget are roughly consistent with its GDP growth and constitute a declining percentage of the nation’s expenditures.
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 ...
Military expenditure - percentage of GDP in highest spending countries 2015
www.statista.com - 3/24/2017 11:01:33 AM
This statistics shows military spending in selected countries as a percentage of their respective gross domestic ... Estimated increase in spending on military and defense from 2010 to 2020, by world region Trend of global military spending from 2001 ...
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 ...
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 ...
Travel, tourism sector adds P2.85T to PH GDP
Inquirer - 3/21/2017 4:20:05 PM
The Philippine travel and tourism industry contributed a total of P2.85 trillion to the local economy in 2016, equivalent to 19.7 percent of the country’s gross domestic product (GDP), according to the latest report of the World Travel and Tourism ...
No, Germany doesn’t owe America ‘vast sums’ of money for NATO
Washington Post - 3/18/2017 3:26:22 PM
He also pointed out that NATO decided to make the 2 percent ... World War II, Germany has intentionally kept its military small. The country defines itself by its pacifism and its commitment to the idea of “never again.” Germany’s defense spending ...
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 ...