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
U.S. economy grew by 3.5 percent in third quarter on exports, military spending
Newsday - 10/30/2014 9:50:55 AM
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 in ... fireworks company breaks world record The report ...
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 ...
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 ...
Cuts in military budget creates enough funds to fight social problems
Today's Zaman - 10/28/2014 3:15:25 PM
Comparing the military expenditure share in the gross domestic product (GDP), Turkey stands in ninth place in the world with 2.33 percent, despite the steadily ... earns nearly 101,000 euros per year in this country. The report criticized the budget ...
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 ...
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 ...
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.
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 ...
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 ...
Five year high in Pentagon spending
rinf.com - 10/30/2014 5:57:41 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 ...
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 Defence Spending Cutbacks May Hurt Afghanistan As Air Support Dwindles
International Business Times - 10/29/2014 3:35:42 PM
Afghan forces assume control of Helmand province this week, taking one step further towards complete control of the country ... at least 2 percent of GDP. However, this is a tough proposition in European countries where high military spending is unpopular.
Cuts in U.S., European Defense Spending Stir Fears
aviationpros.com - 10/27/2014 1:50:42 PM
Germany spends just 1.4 percent of its GDP on defense, according to the Stockholm ... Under any budgetary scenario, the United States will remain the world's greatest military power, with annual military spending exceeding $600 billion through 2021.
U.S. GDP Raises Spirits
marketpulse.com - 10/31/2014 12:31:23 AM
Unlike the seventh game of the World Series, the debate over the economy’s strength ... bolstered by an unusual burst of military spending and a more favorable trade balance. “This is the strongest six-month interval we’ve had in 10 years,” said ...