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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 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 ] Military expenditure per capita spending
(Top) 1 Methodology. 2 1987–1989. 3 1990–1999. 4 2000–2009. 5 2010–2019. 6 2020–2023. 7 See also. 8 References. ... Military budget; List of countries by ...
This list of countries by Global Militarization Index is based on the 2022 [1] ... 10 Russia: 204: 2.05: 1.06: 2.45 ... Military budget; References
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 Defense Department's chief financial officer says the spending path will have the military's annual budget cross the $1 trillion threshold in just a matter of years. (AP Photo/Manuel Balce ...
Since 2014, NATO members have been asked to contribute an unofficial commitment of 2% of their gross domestic product on NATO defense spending. "Well, first of all, it's just Trump being Trump.