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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.
The military operations in Iraq and Afghanistan were largely funded through supplementary spending bills that supplemented the annual military budget requests for each fiscal year. [85] However, the wars in Iraq and Afghanistan were categorized as overseas contingency operations beginning in fiscal year 2010, and the budget is included in the ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. ... converted at the exchange rate for the given year. [1] ... Military budget;
WASHINGTON (Reuters) -The Pentagon said on Wednesday it was directing military leaders to draw up a list of potential cuts totaling about $50 billion from the upcoming budget for fiscal year 2026 ...
At the direction of Defense Secretary Pete Hegseth, Salesses said the Pentagon will come up with $50 billion in offsets from the Biden administration's fiscal year 2026 budget.
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. [2]
Defense Secretary Pete Hegseth has ordered the military to prepare plans to make drastic budget cuts over the next five years, with an exception for border security, according to a new memo ...
But even then, the US was spending $801bn a year, and other NATO members about $363bn. [8] Russia's official 2022 military budget is expected to be 4.7 trillion rubles ($75bn), [9] or higher, and about $84bn for 2023, 40% more than initial military budget announced in 2021. [10]