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 Buying the Most Weapons From the US Government
Yahoo Finance - 2/24/2017 3:38:09 PM
Additional data include military expenditure as a percent of GDP, from the International Monetary fund, as well as GDP (PPP) from the World Bank. These are the countries buying the most weapons from the U.S. government. About 84% of the U.K.’s total arms ...
A Military Upgrade to Please America?
global.handelsblatt.com - 2/24/2017 5:39:50 PM
At their summit in Wales in 2014, in the wake of Russia’s annexation of Crimea, NATO member states declared a loose commitment made in 2002 to a mandatory target, namely that each country ... level of military spending at 4-5 percent of its GDP.
Countries spending the most on the military
USA Today - 7/12/2014 3:50:26 PM
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.
Is Donald Trump Right About NATO? Defense Spending, How Much Each Member Country Has Contributed Of Late
International Business Times - 2/14/2017 12:51:03 PM
But the president recently told the military ... percent, Estonia at 2.16 and Poland at 2 percent. To put those numbers in perspective, you have to know each countries latest GDP. As of 2015, the U.S. still remains the most dominant economy in the world ...
Military expenditure - percentage of GDP in highest spending countries 2015
www.statista.com - 2/17/2017 2:42:01 PM
This statistics shows military spending in selected countries as a percentage of their respective gross domestic ... Estimated increase in spending on military and defense from 2010 to 2020, by world region Trend of global military spending from 2001 ...
The Only 5 Countries That Meet NATO's Defense Spending Requirements
Time - 2/24/2017 1:07:49 PM
According to NATO’s own figures, just 5 of the 28 alliance members meet the requirement agreed upon in 2006 that members spend at least 2 percent of their GDP on defense. Here's a deeper look at the handful of countries actually meeting their obligations ...
Chancellor Angela Merkel backs 2 percent of GDP NATO contribution
dw.com - 2/23/2017 11:53:15 PM
And, others in the world ... in spending cuts in the social welfare area. Gabriel's obedience claim 'false,' says Kauder Currently, only four of NATO's 28 member nations - the US, Britain, Poland, Greece and Estonia - meet the 2 percent of GDP target.
US demands greater European military spending at NATO summit
World Socialist Web Site - 2/17/2017 6:49:35 AM
The conflict between the US and Europe over military spending is a real one. Last year, NATO’s European powers spent $253 billion on defence, an average of 1.43 percent of GDP, compared with ... being one of the five NATO countries to meet the two ...
Merkel Gives In To US Pressure On NATO Spending
The Daily Caller - 2/23/2017 11:53:15 PM
German Chancellor Angela Merkel said Saturday her country ... 2 percent of gross domestic product on defense. The Trump administration is actively pushing NATO allies to increase their spending. Germany currently spends about 1.2 percent of GDP on defense ...
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 ...
What Impact Could The NATO Defence Spending Renegotiation Have On EU Budgets, Bonds And Stocks?
Seeking Alpha - 2/24/2017 3:02:21 PM
I do not wish to appear disparaging; on a percentage of GDP basis, many of these countries contribute more than their ... of the stock market of late:- The combination of increased military spending by the US and the pressure being brought to bear on ...
Raise military spending, Mattis tells NATO allies
Arkansas Online - 2/16/2017 4:13:17 AM
"I owe it to you to give you clarity on the political reality in the United States and to state the fair demand from my country's people ... It devoted 3.61 percent of the U.S. GDP last year, about $664 billion, to military spending, according to NATO ...
Germany to boost defence spending, but legacy also important: Gabriel
Reuters - 2/22/2017 1:53:09 PM
"No one will understand if a country like Germany that is doing so well economically says 'We can't do it.'" NATO members agreed at the Wales Summit in 2014 to boost military spending to 2 percent of GDP by 2024. Germany now spends about 1.2 percent of GDP ...
What Percent of GDP Do Countries Spend on Their Military?
wisegeek.com - 2/1/2017 11:57:52 PM
GDP is usually calculated by adding up all of the spending within a ... strength or overall power of that military. The following table shows the countries around the world that have traditionally spend the highest percentage of their published GDP on ...
Pentagon Chief’s Ultimatum To NATO: “Boost Military Spending Or The U.S. Will Cut Its Support”
csglobe.com - 2/17/2017 11:53:13 PM
It devoted 3.61 percent of American GDP last year to military spending, according to NATO estimates — a level that has somewhat tapered off in recent years. Germany, by contrast, spent 1.19% of its overall budget on defense. Ten countries commit even ...