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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 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.
List of countries by military expenditures; List of countries by military expenditure per capita; References This page was last edited on 7 June 2024, at 22:17 ...
Getty Images For the first time since 1998, global military spending is down. This coincides with a major decline in U.S. spending, which fell by more than $40 billion between 2011 and 2012. Even ...
At a 2014 summit in Wales, NATO members reaffirmed a commitment to spend a minimum of 2% of their country’s GDP on defense, a pledge with renewed urgency after Russia’s annexation of Crimea.
The GMI 2023 covers 149 states and is widely used to study military economies of different countries and compare them. ... with GDP and health care expenditures.
Statistics service Rosstat's GDP growth assessment - due at 1600 GMT on Wednesday - is expected to show a rebound from a revised 1.2% drop in 2022, but economists Reuters spoke to argue that the ...
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]