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 spending the most on the military
USA Today - 7/12/2014 6:39:15 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.
Nigeria’s Weekly Economic Index: Naira hits an all time low of N410/$, CBN barred eight banks, Nigeria’s GDP to grow by 3.6 percent by 2017
venturesafrica.com - 8/30/2016 11:16:48 AM
Following the global ... of the country. The Central Bank of Nigeria put in stringent policies to help save the Naira from falling but these policies backfired. unfortunately. The country’s inflation rate stands at 16.5 percent, its GDP is at ...
Military expenditure - percentage of GDP in highest spending countries 2015
statista.com - 8/27/2016 4:18:01 AM
Forecast increase in military and defense spending 2010-2020, by world region Forecast ... in highest spending countries 2012 Military expenditures - change in highest spending countries 2012 Defense spending as share of GDP in the United Kingdom (UK ...
What Percent of GDP Do Countries Spend on Their Military?
wisegeek.com - 7/17/2016 11:57:39 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 ...
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 Percent of Gdp Do Countries Spend on Their Military?
brainz.org - 8/20/2016 1:41:41 AM
Based on the information printed on the CIA World Factbook, the government spending ... very large 33.9 percent of its gross domestic product on its military. A list of the top spenders in the military based on the GDP is listed below: Country Percentage ...
Defense Contractors Tell Investors World War III is Great for Business
cultureofawareness.com - 8/31/2016 2:36:03 PM
Now, Cody argued, Russia “is resurgent” around the world, putting pressure on U.S. allies. “Nations that belong to NATO are supposed to spend 2 percent of their GDP on defense ... calling for increased military expenditures to better manage ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 3:07:16 AM
America spends 4.8% of its GDP on the military or about double the global average. In fact, 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. It is clear by any measure ...
Israel, Saudi Arabia Have World’s Largest Military Budgets as Percentage of GDP
The Algemeiner - 6/26/2015 8:06:26 AM
The two countries spending the highest percentage of their gross domestic product on defense spending are Saudi Arabia and Israel, Forbes reported on Thursday. Saudi Arabia spent 10.4 percent of its GDP in 2014 on beefing up its military, while Israel ...
MILITARY EXPENDITURE (% OF GDP) IN LEAST DEVELOPED COUNTRIES UN CLASSIFICATION
tradingeconomics.com - 8/26/2016 11:50:11 AM
MILITARY EXPENDITURE (% OF GDP) IN LEAST DEVELOPED COUNTRIES UN CLASSIFICATION WAS LAST MEASURED AT 2.25 IN 2014, ACCORDING TO THE WORLD BANK. MILITARY EXPENDITURES DATA FROM SIPRI ARE DERIVED FROM THE NATO DEFINITION, WHICH INCLUDES ALL CURRENT AND ...
Insights from a Life Protection Expert & Trends of the Body Armor Market
Officer - 8/31/2016 3:04:41 PM
The total was equivalent to 2.3 percent of world gross domestic product (GDP, Military Expenditure. Stockholm International ... modernization programs that require new technologies. Many countries, such as the U.S., United Kingdom, Brazil and India ...
Military Spending: U.S. vs. the Rest of the World
realclearpolicy.com - 10/6/2015 11:59:13 PM
The U.S. may want to learn from the answers provided by other countries ... percent of GDP. U.S. military spending totaled $610 billion in 2014. Had the U.S. spent 2.14 percent of GDP on the military, in line with the average from the rest of the world ...
Military expenditure around the world
slideshare.net - 8/14/2013 11:57:14 PM
TheGlobalEconomy.com Newsletter - August, 2013 Military spending around the world The best available data on ... spending in millions of dollars. In 2012, countries spent about 2 percent of their GDP on the military: Military spending as percent of GDP ...
Here’s how the world is funding its armies
Global Post - 4/14/2014 7:30:31 PM
For example, since 2008, Austria, Belgium, Greece, Ireland, Italy, the Netherlands, Spain, the UK, and every country in Central Europe (except for Poland) have all cut their military ... 9.3 percent of its GDP. That’s 3.8 percent of the world’s spending.