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
Serbian Leader Says Spending Cuts Needed to Win IMF Deal
Businessweek - 10/25/2014 5:24:50 AM
Serbian Prime Minister Aleksandar Vucic urged lawmakers to approve spending cuts as the country must address a widening budget ... estimates the 2014 deficit at 300 billion dinars, or 8 percent of GDP, if all sovereign guarantees and losses at unprofitable ...
Eurozone Budget Deficits Fall Under New GDP Measure
Wall Street Journal - 10/21/2014 5:43:54 AM
ESA 2010 is intended to give a more accurate picture of what gets produced, spent and invested within the 28-country bloc ... Another boost to GDP figures will come from a similar change in the treatment of military expenditure, which will also be viewed ...
The Upside of Lower Oil Prices
Weekly Standard - 10/17/2014 1:16:38 AM
Iran’s officially reported defense spending is 4.1 percent of GDP, and spending on the country’s Atomic Energy Organization may be as large or larger. Reducing oil prices by 20-30 percent would reduce Iran’s GDP by 7 percent. Although nuclear ...
Slovenia to cut no more military expenditure: president
上海日报 - 10/23/2014 12:26:34 AM
LJUBLJANA, Oct. 22 (Xinhua) -- Slovenian President Borut Pahor met with military leaders on Wednesday and agreed the tiny Balkan country would stick to ... U.S. dollars), which represents 1.06 percent of Slovenia's GDP, former Slovenian defence minister ...
The 10 Most Livable Countries
24/7 Wall ST - 10/24/2014 6:01:49 AM
Based on the most recent release of the Human Development Index by the United Nations Development Programme, 24/7 Wall St. reviewed the most and least livable countries ... expenditures on health and education as a percent of gross domestic product (GDP).
Qatar’s GNI estimates for Q2 up by 7.9pc
The Peninsula - 10/22/2014 4:23:58 AM
The significant increase in household consumption expenditure was attributed to rising population and the price rise of consumer items in the country have led to this rise. The share of HFCE in the nominal GDP, in Q2, 2014 is estimated at 14.5 percent.
Israel is World’s Fourth Most-Educated Country
breakingisraelnews.com - 9/16/2014 6:39:43 AM
Israelis also tend to begin their post-secondary education at a later age, since military service ... 487 and the ninth lowest expenditure per student among OECD countries. However, when measured as a percentage of Israel’s GDP, Israel jumps to sixth ...
Ebola’s grim original secret: How capitalism and obscene military spending got us here
Salon - 10/22/2014 12:23:34 PM
No missile killed them, but our greed and global death-oriented spending priorities have left fingerprints on all these bodies. Here in the U.S. we spend close to $700 billion on the military annually, roughly 20 percent ... a handful of countries in ...
America is Number One! But Not in Any Way to be Proud Of.
Ring of Fire - 10/14/2014 3:32:01 PM
“In 2013, according to a report by the Stockholm International Peace Research Institute [SIPRI], the US government accounted for 37 percent of world military expenditures ... gun-related deaths than any other country,” wrote Wittner.
Cambodian gov't approves 3.92 bln USD for 2015's expenditure
Xinhua News Agency - 10/24/2014 11:23:56 AM
PHNOM PENH, Oct. 24 (Xinhua) -- The Cambodian government on Friday approved around 3.92 billion U.S. dollars for the country' s expenditure ... "The 2015's government spending is equal to 21.09 percent of the GDP and is up 10.8 percent compared to the ...
China economic growth falls to five-year low of 7.3%: govt
Yahoo News - 10/21/2014 2:59:15 AM
View gallery A chef sells left-over duck carcasses outside a roast duck restaurant in Beijing on October 16, 2014 … The NBS said GDP expanded 7.4 percent in ... and transform the country's growth model to one driven by consumer spending.
The most educated countries in the world
USA Today - 9/13/2014 3:11:31 PM
24/7 Wall St. reviewed the 10 countries with the highest proportion of adults holding a college degree. The most educated populations tend to be in countries where tertiary education spending is ... level in 2012. The percentage of adults performing ...
Venezuelans brace for slump in oil prices
The Advertiser-Tribune - 10/25/2014 5:39:09 AM
estimated at 15 percent of GDP, and even before the latest slide was considering selling its American subsidiary Citgo Petroleum Corp. to raise cash. The government has called for an emergency summit of the Organization of Petroleum Exporting Countries to ...
Is America's Military Too Small for Obama's New War on Terror?
Politico - 10/13/2014 11:25:39 PM
This country cannot always ... But U.S. military spending is still in the vicinity of $600 billion a year, more than three times China’s defense spending, more than six times Russia’s and some 40 percent of the world total. Add in major U.S. allies ...
Sri Lanka cuts taxes, boosts subsidies
Business Recorder - 10/24/2014 10:58:17 PM
Sri Lanka's president cut taxes and increased salaries, subsidies and welfare spending ... to reduce the country's goods and services tax from 12 percent to 11 percent. Official figures put the budget deficit for 2015 at 4.6 percent of GDP, worse than ...