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
China ups military spend by 12 percent. Are the gloves coming off?
The Christian Science Monitor - 3/5/2014 3:10:09 PM
but its armed forces are still hundreds of billions of dollars and years, if not decades, behind US forces. As a proportion of GDP, China spends half as much as America: two percent of GDP in 2012 compared to four percent of US output ...
China Increases Military Spending 12 Percent: Should We Worry?
US News and World Report - 3/5/2014 9:29:33 PM
continuing an upward trend that adds 12 percent more in spending this year over 2013. The development of its army and navy, all called the People’s Liberation Army, ranks it second in the world for military spending. Its GDP is projected to ...
DPP urges raising military spending to 3% of GDP
Global Security - 3/4/2014 2:14:05 PM
Taipei, March 4 (CNA) The opposition Democratic Progressive Party (DPP) urged the government Tuesday to increase its military spending to 3 percent of the country's gross domestic product (GDP) in light of China's growing military strength. The military ...
No need for nerves over China's defense spending
新华网 - 3/5/2014 11:56:53 AM
Although China's defense budget has been growing at a steady pace over the past four years, military experts have said the ... defense spending in China's GDP stood at less than 1.5 percent last year, well below the world average of 3 percent.
China’s military spending: is there a new arms race?
THE CONVERSATION - 3/6/2014 11:58:41 PM
As the world’s second largest military power, China’s announcement of a 12% increase in its military budget has elicited grumbles from Taipei, Tokyo and Washington. But what does this increase signal regarding… A 12% increase in China’s military ...
China Military Spending Rise Signals Firm Stand on Disputes
Bloomberg - 3/5/2014 12:51:10 AM
In a reference to rising friction with Japan, Li said at the opening of a meeting of the annual legislature that China “will safeguard the victory of World War II and the ... about twice the officially declared budget, the U.S. Defense ...
Inside China’s Military Spending
Wall Street Journal - 3/6/2014 11:34:13 AM
This year marks the third in a row that China's official military spending is projected to outpace GDP growth. The question is how great this divergence will become, and how long it can continue, write Andrew Erickson and Adam Liff. The ...
China Decides On Double-Digit Hike For Military Spending In 2014, Its Highest In Three Years
Pakistan Defence - 3/5/2014 10:55:27 PM
Last year, China increased its defense budget by 10.7 percent. The Asian giant's move to increase defense spending at a time when other countries, hurt by slowing economies, are cutting back, has raised concerns in Tokyo, which has been in a territorial ...
China unveils fresh double-digit military spending boost
Yahoo News - 3/5/2014 5:01:42 AM
Beijing (AFP) - China on Wednesday extended its spending spree on the world's largest armed forces, unveiling a 12.2 percent increase in the defence budget for 2014 and provoking fresh concern in rival Japan. Beijing has for years been raising ...
Despite cuts, NATO still accounts for most of world’s military spending
Stars and Stripes - 2/24/2014 11:56:14 PM
its smallest size since before World War II. Congress has already mandated nearly $500 billion in defense spending cuts in coming years, triggering a major re-evaluation of U.S. military needs. Among NATO’s European members, only Estonia, Greece and ...
5 Countries With the Highest Military Expenditure
The Huffington Post - 11/29/2011 8:10:54 PM
After all, we would certainly expect that a large country with one of the world's largest economies ... is the only country in the top 15 for military expenditure that has a higher percent of its GDP dedicated to the military.
US, allies' share of world military spending shrinking-study
Reuters - 7/7/2011 11:24:21 PM
The study uses International Monetary Fund growth estimates for all countries surveyed ... 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 ...
Countries Spending the Most on the Military
24/7 Wall St. - 6/27/2013 11:03:48 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 ...