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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.
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. This is a list of countries by past military ... Military budget; List of countries ...
Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money. Countries with high budget deficits (relative to their GDPs) generally have more difficulty raising funds to finance expenditures, than those with lower deficits." [12]
China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the ...
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
In contrast to most other countries, US spending on defense is projected to grow rapidly. ... China announced a $178.2 billion military budget in May 2020, up 6.6% from the previous year ...
(Top) 1 2022 list. 2 See also. 3 References. ... This list of countries by Global Militarization Index is based on the 2022 [1] ... Military budget; References
Retired U.S. Air Force combat pilot Brad Gutierrez writes the U.S. overspends on military over the health and education of its residents. Opinion: US military spending highest in world, but not ...