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, 2020
See also: Military expenditures - percent of GDP mapRelated News
DOD Releases Report on Defense Spending by State in Fiscal Year 2019
US Department of Defense - 1/13/2021 6:32:00 PM
The Department of Defense's Office of Local Defense Community Cooperation released its Fiscal Year 2019 Defense Spending by State report.
As spending climbs and revenue falls, the coronavirus forces a global reckoning
Washington Post - 1/10/2021 9:50:00 AM
Costa Rica built Latin America’s model society, enacting universal health care and spending its way to one of the Western Hemisphere’s highest literacy rates. Now, it’s reeling from the financially crushing side effects of the coronavirus,
11-month infrastructure spending down 22% to P548.8 billion
BusinessMirror - 1/19/2021 4:24:00 PM
STATE infrastructure spending from January to November last year dropped by over a fifth to P548.8 billion from P703.8 billion in the same period in 2019 as Covid-19 pandemic forced the government to delay or discontinue projects.
Ukrainian president seeks country’s defense spending in 2015 at 3% of GDP
TASS - 1/3/2021 12:00:00 AM
which in particular envisages a three percent share of the country’s annuula GDP in spending for military purposes, the presidential press service said on Wednesday. Read also Ukraine got all ...
Development of Public Spending: Study Shows Brazil Ranks 22nd Among 31 Countries
The Rio Times - 1/7/2021 11:57:00 AM
The study conducted by the Fiscal Policy Observatory of the Getúlio Vargas Foundation's Brazilian Institute of Economics (Ibre/FGV), between 2010 and 2019, on the development of public spending by the federal government.
Trump hits Germany and other 'delinquent' NATO countries for lack of defense spending
Fox Business - 8/11/2020 8:01:00 AM
noting that Poland is one of only eight countries other than the United States who is spending at least 2 percent of their GDP on defense. Continue Reading Below “They're delinquent, too ...
Pakistan Boosts Military Spending by 12% amid COVID-19 Economic Slump
Latin American Herald Tribune - 6/13/2020 1:01:00 AM
ISLAMABAD – Pakistan released on Friday its 2020-21 national budget worth $44 billion, increasing military spending by 12 percent a day after the country posted its first negative GDP growth (-0 ...
After historic unpopularity of Trump in Western Europe, new poll suggests broad approval of Biden
Washington Post - 1/19/2021 10:21:00 PM
Approval of the U.S. president in France, Germany and Italy is likely to jump by roughly 50 percentage points on Wednesday.
China GDP Grows At Slowest Pace In More Than Four Decades In 2020
International Business Times - 1/18/2021 7:52:00 AM
China's GDP grew at the slowest pace in more than four decades in 2020, official data showed Monday, but it was still expected to be the only major economy to grow at all after a strong rebound from the coronavirus crisis.
Wealthy Countries Should Share Vaccine Doses Before It Is Too Late
Foreign Affairs - 1/19/2021 1:59:00 PM
Wealthy countries should reallocate doses to low- and middle-income countries to ensure that the most vulnerable populations and, ultimately, entire populations are immunized.
