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In 2016, the Swiss Federal Assembly voted to further reduce the army from 140,000 men to 100,000 men, reducing the time of basic training from 21 weeks to 18, but also to increase the military budget by 2.4 billion Swiss francs. [14] In 2022, the Assembly voted to increase spending by 1.4 billion Swiss francs by 2030, or at least 1% of the ...
Switzerland's government plans to boost its defense spending by up to 19% over the next four years, citing a rise in global instability, including wars in Ukraine and the Middle East, and gaps ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies .
The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area. [1] Total defence expenditure of the European Defence Agency (EDA) Member States was €279 billion in 2023, which was 1.6% of the 27 EDA Member States’ GDP. [2]
The Swiss defense department, addressing a meeting of the Swiss executive branch on Wednesday, argued that the timetable is simply too tight. Swiss gov't warns about possible lag in fighter jet ...
In 2014 the federal budget of Switzerland was 66.353 billion Swiss francs, or 10.63% of the country's GDP. Note that the Swiss federal budget only comprises 31.7% of Swiss public expenditure, the rest being managed by the cantons , the municipalities , and the social security system. [ 3 ]
In 2016, the Swiss Federal Assembly voted to further reduce the army from 140,000 men to 100,000 men, reducing the time of basic training from 21 weeks to 18, but also to increase the military budget by 2.4 billion Swiss francs. [13] In 2022, the Assembly voted to increase spending by 1.4 billion Swiss francs by 2030, or at least 1% of the ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions Defense spending in the UK over time Main article: Past military expenditure by country The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [ 8 ]