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
World Cuts Back Military Spending, But Not Asia
The Epoch Times - 4/17/2014 8:24:14 PM
For the second year in a row, the world is spending a little less on the military ... Even Japan, which has traditionally kept its military spending to under 1 percent of GDP, is getting into the act. Tokyo has promised a 2.8-percent increase in 2014-15.
This Chart Shows How The Rest Of The World Doesn't Even Come Close To US Military Spending
The Business Insider - 4/18/2014 11:57:48 PM
According to the report, the United States led the world in military ... spending. The U.S. reduced their defense budget by 7.8 percent whereas Russia increased arms spending by $88 billion. For the first time in a decade, Russia devoted a larger share of ...
China budgets $132 billion for military
Asia Pacific Defence Forum - 4/17/2014 9:35:49 PM
No country today draws more global attention ... of roughly two decades ago when it had a very basic military with limited capabilities and a military expenditure of $25.32 billion, or 2.5 percent of GDP, according to the Stockholm International Peace ...
Russia boosts military, global arms spending fall
The Abington Journal - 4/14/2014 4:07:06 AM
Meanwhile, global military spending fell by 1.9 percent in 2013 to $1.7 trillion, as many Western countries cut arms ... the biggest arms investor in the world in real terms by spending $640 billion, or 3.8 percent of GDP. The fall is mainly a result ...
Saudi Arabia leapfrogs UK, France in military spending list
Arabian Business - 4/18/2014 8:23:03 PM
The report said world military expenditure totalled $1.75 trillion in 2013, a fall of 1.9 percent in real terms since 2012. The fall in the global total resulted from decreases in Western countries, led by the United States, and despite increases in all ...
Government finances improved across Europe in 2013
Washington Post - 4/23/2014 9:04:14 AM
BRUSSELS — Official figures show that governments across the 28-country European Union recorded lower budget deficits in 2013 amid lower spending and an economic ... the eurozone rose from 90.7 percent to 92.6 percent of GDP last year, or 8.9 trillion ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 7:06:29 PM
After all, we would certainly expect that a large country with one of the world's largest economies like ... 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.
Russia now spends more of GDP than US on military
Sun Sentinel - 4/13/2014 11:56:34 PM
The U.S. still accounts for 37 percent of the world's military spending. European countries cut back as well. Convergence is certainly too strong a word — there's still a long gap between the United States and the two superpowers that follow it ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/24/2014 11:56:14 PM
Despite impending cuts in the armed forces of many of its member nations, NATO remains by far the largest military force in the world ... for more than 70 percent of the total defense expenditures of NATO’s 28 member countries. The release of the ...
Countries Spending the Most on the Military
24/7 Wall ST - 6/27/2013 9:59:23 AM
The Stockholm International Peace Research Institute (SIPRI) measures annual military spending for most of the world’s armed countries ... spent 4.4% of its gross domestic product (GDP) on the military. In countries like Saudi Arabia and Oman, military ...
Russia's military spending spree
USA Today - 4/22/2014 12:11:32 PM
And in 2014, one country in particular is taking militarization to an astonishing level. Russia's military funding has jumped a whopping 92 percent since 2010 ... the third-biggest defense spender in the world, after the United States and China.
Data: Global Military Expenditures
PBS - 7/7/2000 11:56:42 PM
... for select countries in 2006, as percentage of gross domestic product (GDP) While the U.S. spends 4% of its GDP on its military, Japan’s spending has only recently surpassed 1% of its GDP. Here is the rest of the world, ranked by military ...
US, allies' share of world military spending shrinking-study
Thomson Reuters - 7/7/2011 11:24:21 PM
The study uses International Monetary Fund growth estimates for all countries surveyed ... just to maintain existing levels of equipment. Post World War Two U.S. military spending as a percent of GDP has ranged from a 15 percent high in 1952 during ...