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
Republicans Demand More Military Spending Than During The Cold War
Forbes - 10/20/2014 9:58:37 PM
America accounts for nearly 40 percent of 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 ...
Countries spending the most on the military
USA Today - 7/12/2014 6:39:15 AM
Global military spending ... of GDP devoted to spending in big-oil producers," Perlo-Freeman said. Brazil, Saudi Arabia and Russia are all large oil-producing nations, as well as some of the world's top military spenders. To determine the top 10 countries ...
10 countries spending the most on their military
Market Watch - 9/3/2014 4:53:27 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.
Finance minister warns Russia can't afford military spending plan
Reuters - 10/7/2014 11:01:09 AM
MOSCOW (Reuters) - Russia's finance minister said on Tuesday the country ... U.S. military spending fell last year, Russia's increased in real terms, exceeding that of the United States for the first time since 2003 and reaching 4.1 percent of GDP.
NATO Defense Spending, Past and Present: Part 1
cimsec.org - 10/15/2014 1:21:59 PM
Discussions and data presentations surrounding the recent NATO summit on member state spending levels on ... over the United States’ own military budget have centered on the percentage of gross domestic product (% of GDP) benchmark.
Which country spends the most on its military?
9News - 7/13/2014 3:46:16 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.
Spend less on arms, more on schools, says Nobel laureate Satyarthi
one.trust.org - 10/21/2014 9:32:58 AM
That is less than three days of military expenditure." Public spending on education varies across the world, with countries such as Lesotho and Cuba allocating around 13 percent of GDP to the sector, while others such as Myanmar, Bangladesh spend less than ...
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
Many of the world’s most serious security ... comprising about 35 percent of Iran’s GDP. 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.
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/19/2014 11:55:00 PM
The data also show that the United States still accounts for more than 70 percent of the total defense expenditures of NATO’s 28 member countries ... on military expenditures. “NATO still accounts for a clear majority of world military spending ...
Russia Ups Defense Spending Despite Slowdown
The Moscow Times - 10/20/2014 12:33:06 PM
when military spending accounted for 3.4 percent of GDP, 3.2 percent in 2013 and 3 percent in 2012." He added that the State Duma defense committee had "already given its support to the draft of the federal budget." Obviously, poorer countries like France ...
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 ...
The United States Is Number 1 On A List You, As A Citizen, Won’t Be Proud Of
The Inquisitr - 10/14/2014 11:53:06 PM
American councilmen never miss an opportunity to remind their constituencies, or anyone who is willing to listen, that America is the greatest country in the ... U.S. government accounted for 37 percent of world military expenditures, putting it far ...
Foreign Affairs - 10/20/2014 6:52:30 PM
In the Soviet Union, the military ... country in terms of growth (Uzbekistan) expanded slightly faster between 1990 and 2011 than the median country elsewhere in the world (Norway). Whereas Norway’s GDP per capita grew by 45 percent between these years ...