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). For countries with no military forces, this figure can include expenditures on public security and police.
Source: CIA World Factbook - Unless otherwise noted, information in this page is accurate as of January 1, 2020See also: Military expenditures - percent of GDP map
The Permanent War Economy
Common Dreams - 5/23/2022 7:51:00 PM
"Permanent war has cannibalized the country. It has created a social, political, and economic morass. Each new military debacle is another nail in the coffin of Pax Americana."
Putin's NATO Backfire? Finland, Sweden's Military Versus Pre-War Ukraine
Newsweek on MSN.com - 5/16/2022 1:32:44 PM
Finland and Sweden have announced significant military spending boosts since the war in Ukraine began, Finland's defense minister saying it had "fundamentally changed our security environment."
After war victory, Azerbaijan keeps increasing military spending
Eurasianet - 5/12/2022 12:09:00 PM
For years Azerbaijan has been one of the world’s biggest military spenders, preparing for a potential war with Armenia. Now that that war has taken place, with an Azerbaijani victory in 2020, its military spending keeps going up.
End of Nordic neutrality
The Korea Times - 5/15/2022 4:15:00 PM
Sweden's Cold War policy of neutrality required strong defense forces, and military expenditure of up to 4 percent of GDP. The country maintained the world's fourth-largest air force, and had the ...
Perspective: America’s health care system has long been broken. Is it too late to fix it?
deseret - 5/18/2022 5:00:00 PM
Slowing the momentum of 40 years of rising health care costs won’t come easily, and it will require public and private players patiently working on solutions
Are Sweden And Finland Part Of Nato? Why Both Countries Are Considering Membership
Huffington Post UK on MSN.com - 5/11/2022 6:30:37 PM
Russia's invasion of Ukraine has prompted a rethink of staunch military neutrality for the two Nordic nations.
Japan's 1st-quarter GDP shrinks, hit by COVID restrictions, higher prices
Japan Today - 5/18/2022 7:49:00 AM
Japan's economy shrank slightly in the first quarter of 2022, official data showed Wednesday, hit by COVID-19 restrictions and higher prices. The world's third-largest economy shrank 0.2 percent quarter-on-quarter in the January-March period,
Economists hike Philippine GDP growth forecast
philstar.com - 5/18/2022 4:03:00 PM
Standard Chartered Bank economist for Asia Jonathan Koh said the bank has upgraded the GDP growth forecast for the Philippines to eight percent ... curbs in the world, the country’s GDP growth ...