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.
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 ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 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 ...
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 ...
Merkel to Hike Military Spending
global.handelsblatt.com - 6/23/2016 10:07:07 AM
Angela Merkel on Wednesday signalled a major change in German defense policy, announcing an expansion that could boost military spending ... Defense spending as a share of GDP declined from 3.4 percent in the mid-1980s to about 1.2 percent today.
Germany To Up Defence Spending in Post-Brexit Europe
Defense World - 6/30/2016 1:47:53 PM
Germany will increase its military spending exceeding by 1.2 per cent of the Gross Domestic Product (GDP ... that his country will have more military commitments following Brexit. The expert in military affairs in the Bundestag sees that the world is ...
World must tackle intolerance and exclusion, says Social Progress Index
The Guardian - 6/29/2016 1:03:08 AM
Rich countries tend to do better than poorer countries but wealth alone does not explain the rankings. For example, Finland and Canada have lower GDP per capita than ... it stopped spending on the military at pretty much the same time, so Costa Rica ...
Countries Spending the Most on Military
The Wall Street Journal - 6/27/2013 7:10:34 PM
It's no secret that the U.S. spends a lot of money on its military. But how much? And how does it stack up against military spending by other countries? MarketWatch's Jim Jelter takes a look. (Photo: Getty Images)
Egypt parliament passes budget aiming for 5.2 percent growth
St. Louis Post-Dispatch - 6/29/2016 1:41:55 PM
The 2016-2017 budget anticipates a deficit of 9.8 percent ... GDP. El-Sissi, who led the military ouster of an elected Islamist president three years ago, has sharply cut fuel subsidies and says more austerity measures are needed. Egypt's military spending ...
Pentagon Overturns Military’s Ban on Transgender Troops
US News and World Report - 6/30/2016 6:27:03 PM
“We have to have access to 100 percent of ... all over the world, serving on aircraft, submarines, forward operating bases and right here in the Pentagon.” “We have reason to be proud today of what this will mean for our military, because it ...
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.
Data: Global Military Expenditures
PBS - 7/7/2000 11:56:42 PM
(Source: www.sipri.org) Global military expenditures for select countries in 2006, as percentage of gross domestic product (GDP) While the U.S. spends 4% of its GDP on its military, Japan’s spending has only recently surpassed 1% of its GDP. Here is the ...
10 Countries Spending the Most on the Military
24/7 Wall ST - 7/10/2014 6:20:09 AM
Global ... military in 2013, 24/7 Wall St. examined SIPRI 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 ...
Total World Military Spending Hits $1.7 Trillion In 2015: Here's A List Of The Top 15 Spenders
Tech Times - 4/8/2016 4:56:23 AM
According Stockholm International Peace Research Institute (SIPRI), the global military spending increased by one percent from 2014. The total expenditure was 2.3 percent of the global gross domestic product (GDP ... Middle East countries had a substantial ...