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
Hawks Demand More Military Spending Than During Cold War: Stop Squandering 'Defense' Dollars on Other Nations
The Huffington Post - 10/29/2014 9:44:57 AM
America accounts for nearly 40 percent of the globe's military ... the GDP in 1940; spending even an equal percentage would yield 13 times the real resources. America's GDP this year is more than seven times that in 1944, at the height of World War II ...
Nordic, Baltic states face 'new normal' of Russian military threat
Reuters - 10/28/2014 10:07:37 AM
Most countries on Russia's northwestern flank are planning higher military spending ... or Baltic nation to meet the NATO goal, plans to raise spending fractionally to 2.05 percent of GDP in 2015. Finland is considering raising defense spending, projected ...
GDP Posts Strong 3.5 Percent Growth Rate In 3rd Quarter
Florida's Wuft-FM - 10/30/2014 4:31:47 PM
The U.S. economy grew at the solid pace of 3.5 percent for the third quarter, helped along by gains in business investment, exports and a big jump in military spending, the Commerce Department says. The latest GDP number for the period July-to-September ...
Advance Estimate of GDP for the Third Quarter of 2014
The White House President Barack Obama - 10/30/2014 9:29:27 AM
To boost exports, the President continues to encourage countries around the world ... and local spending had increased at the same rate seen on average in the preceding four recoveries, overall real GDP would have grown nearly 0.4 percentage point faster ...
US economy growing while others falter; Fed actions of the past bearing fruit
Associated Press - 10/30/2014 7:13:26 AM
The third quarter expansion was propelled by solid gains in business investment, exports and the biggest jump in military spending in five ... big economies of the world. Japan's GDP contracted at an annualized rate of 7.1 percent in the April-June quarter.
Pentagon spending hits five-year high amid anti-ISIS campaign
RT - 10/30/2014 3:41:41 PM
On Thursday, the US Commerce Department announced that the country’s gross domestic product, or GDP, grew at a 3.5 percent ... the US military is expected to remain the most well-funded in the world, with annual military spending expected to exceed ...
GDP grows at 3.5 percent rate, lifting hopes
Tech MIT - 10/31/2014 6:22:09 AM
Unlike the seventh game of the World Series, the debate over the ... The housing sector registered only a 1.8 percent gain, down from last quarter’s 2.5 percent rise. And military spending, which jumped a whopping 16 percent, is notoriously volatile.
Good GDP Numbers Put U.S. at Top of a Middling Heap
Yahoo Finance - 10/30/2014 5:50:32 PM
The U.S. economy is performing better than almost any other developed economy in the world ... the U.S. GDP increased at an annualized rate of 3.5 percent in the third quarter, driven by a number of factors, including government spending, increased ...
U.S. GDP soars 3.5% as Pentagon spending climbs to 5-year high
The Global Dispatch - 10/30/2014 7:02:07 PM
On Thursday, the US Commerce Department announced that the country’s gross domestic product, or GDP, grew at a 3.5 percent ... spending,” the article points out. There is a slowdown, the U.S. is importing more than they are exporting, but the military ...
The 10 Most Technologically Advanced Countries in the World
INSIDER MONKEY - 10/31/2014 8:31:00 AM
Around four percent ... GDP to research and development, especially in the fields of medicine, food, and military. Who else could you have imagined being the most technologically advanced country on the planet? Japan has made tremendous contributions to ...
US economy grew at 3.5 percent rate in Q3
The Sun Chronicle - 10/30/2014 9:15:08 AM
WASHINGTON (AP) — The U.S. economy grew at a solid annual rate of 3.5 percent in the July-September quarter, propelled by solid gains in business investment, export sales and the biggest jump in military spending ... added that the GDP report showed ...
Wall Street jumps, powered by earnings and GDP
CBS News - 10/30/2014 4:53:16 PM
The standout was Visa (V), whose 10 percent jump helped tug the Dow Jones industrial average up more than 220 points. Visa, the world's largest payment-processing ... sales abroad and the biggest jump in military spending in five years.
NATO Defense Spending Cutbacks May Hurt Afghanistan As Air Support Dwindles
International Business Times - 10/29/2014 3:35:42 PM
The other 27 NATO members have been asked by President Barack Obama to try and spend at least 2 percent of GDP. However, this is a tough proposition in European countries where high military spending is unpopular. Only Estonia, Portugal, France ...
U.S. Economy Grows 3.5% In 3rd Quarter, Sees Strongest Six Months Of Growth Since 2003
business2community.com - 10/30/2014 11:34:07 PM
That first estimate of the country’s gross domestic product ... The BEA attributed the drop in the percent change of GDP to lower private investment, exports, and spending by state and local governments. But those were “partly offset by a downturn ...
U.S. GDP grows at 3.5 percent in third quarter
Washington Post - 10/30/2014 12:28:24 PM
Meantime the economy was boosted by two surprise factors — a 16 percent spike in national defense expenditures ... that the latest GDP figure, a measure of all goods and services produced, outpaced those of other advanced countries and reflected the ...