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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 .
Department of Defense spending's share of discretionary spending was 50.5% in 2003, and has risen to between 53% and 54% in recent years. [116] For FY2017, Department of Defense spending amounts to 3.42% of GDP. Because the US GDP has grown over time, the military budget can rise in absolute terms while shrinking as a percentage of the GDP.
This article lists countries alphabetically, with total government expenditure as percentage of Gross domestic product (GDP) for the listed countries. Also stated is the government revenue and net lending/borrowing of the government as percentage of GDP. All Data is based on the World Economic Outlook Databook of the International Monetary Fund.
The United States and NATO are expected to announce Monday that the number of allied countries spending at least 2% of their country’s economic output on defense has doubled during President Joe ...
NATO estimates showed Poland was set to lead the alliance in defense spending as a percentage of GDP in 2024, with Warsaw investing more than 4% of its economic output on defense. Estonia and the ...
More than 20 NATO members will meet the military alliance's target of spending at least 2% of GDP on defense this year, Secretary General Jens Stoltenberg said on Monday. Speaking to the Wilson ...
Adding these other costs places defense and homeland security spending between 5% and 6% of GDP. The DoD baseline budget, excluding supplemental funding for the wars, has grown from $297 billion in FY2001 to a budgeted $534 billion for FY2010, an 81% increase. [50] According to the CBO, defense spending grew 9% annually on average from fiscal ...
NATO estimated that 23 of its members met its current goal of spending 2% of GDP in 2024. ... NATO chief Mark Rutte said on Monday the alliance's military capability targets may require members to ...