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.
Even tiny Burundi spends more percentage of GDP on health than India
health.economictimes.indiatimes.com - 4/27/2016 2:39:19 AM
New Delhi: The total expenditure on health ... 2012 as compared to developed countries like Germany which had $3,618. "As per world health statistics 2015 published by WHO, total expenditure on health as percentage of GDP in 2012 for India is 3.8 per ...
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 ...
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 ...
Bank of Japan shocks markets by voting against more stimulus
The Guardian - 4/28/2016 4:11:12 AM
Related: The bad smell hovering over the global economy The economy shrank 0.3 percent in the last ... its growth forecast for the country, saying GDP would shrink next year as a planned sales tax rise tightens consumer spending. The IMF also said that ...
Countries Spending the Most on War
24/7 Wall ST - 4/14/2016 4:49:16 AM
Military spending in the United States totaled $596 billion in 2015, far and away the largest annual military expenditure in the world at nearly ... of the donor country) We also considered 2015, 2014, and 2006 per capita GDP from the International ...
Expenditure on health mere 4% of GDP in 2012: Govt
The Tribune India - 4/26/2016 8:12:47 PM
In a written reply, Health Minister JP Nadda said in the Rajya Sabha that the per capita government expenditure ... countries like Germany. "As per world health statistics 2015 published by the WHO, total expenditure on health as percentage of the GDP ...
Saudi’s military industrial vision challenging but possible — analysts
Gulf News - 4/28/2016 12:57:55 AM
Saudi Arabia is already the third-largest spender in the world on military ... Saudi Arabia’s military spending was $81.8 billion (Dh300 billion) in 2015, and constituted nearly 12.9 per cent of the country’s GDP. Benefits of “localising our own ...
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 ...
Even Africa’s Burundi beats India on health spend by govt
Financial Express - 4/26/2016 5:49:37 PM
The total expenditure on health ... in 2012 as compared to developed countries like Germany which had USD 3,618. “As per world health statistics 2015 published by WHO, total expenditure on health as percentage of GDP in 2012 for India is 3.8 per cent ...
Countries Spending the Most on Military
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)
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.
International Monetary Fund predicts 7.5 percent GDP for India in 2016, 2017
periodismotransversal.com - 4/26/2016 5:42:27 PM
and could have adverse socio-political impact on many countries. Global growth is projected to remain modest in 2016, at 3.2 percent, before picking up to 3.5 percent in 2017. International Business Machines Corp . closed down -0.8 points or -0.54% at $148 ...
Enough with the complaints of European free riding already
Washington Post - 4/26/2016 9:07:03 AM
Even though NATO members have pledged to spend 2 percent of GDP on defense, only four non-U.S. countries met that target last year ... United States does bear a disproportionate cost of military spending, our European allies have borne a disproportionate ...