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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 .
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]
Rank Country Global Militarization Index (GMI) Military Expenditure Index Score People Index Score Heavy Weapons Index Score 1 Ukraine 335: 5.11: 1.29: 1.75
(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 is sourced from the Stockholm International Peace Research Institute (SIPRI) for the year 2020. As of 2021, the top five per capita spenders are Qatar (~$3955), Israel (~$2770), United States (~$2405), Kuwait (~$2085) and Singapore (~$1885). All five countries have increased their spending since the previous year (2020).
Chinese military personnel salute as China's national flag is hoisted during the opening ceremony of the 2022 Asian Games on Sept. 23, 2023. White House Says 9Th Telecoms Company Has Been Hacked ...
To determine the biggest defense contractors in the world in 2022, we referred the Fortune 500 global list and the Fortune 500 list. We then ranked each defense company based on its revenues ...
As a percentage of GDP, the annual deficit has nearly doubled in just 10 years, from 2.8% in 2014 to a projected 5.3% in 2024. So there's just a lot more borrowing to pay interest on.