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This article lists military spending in European countries by ... The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in ...
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.
The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
Finland's economy has been in recession since last year, hit by high interest rates and the fallout ... The government said Finland's defence spending will increase by 488 million euros to 6.5 ...
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
With over 4,000 Finnish soldiers taking part, the Norway-led Nordic Response 2024 represents the NATO newcomer's largest ever participation in a foreign exercise, according to Finland's military.
Country Government expenditure (% of GDP) Government revenue (% of GDP) Net lending/borrowing (% of GDP) Afghanistan (2020) 29.508 27.049 -2.460 Albania 31.390 27.618
During 2013 several Russian Air Force exercises over the Baltic Sea aimed at Swedish military targets have made the future of the Swedish Armed Forces a hot topic and several political parties now want to increase defence funding. [48] [49] [50] In August 2019, the government announced a bank tax to fund the military spending. [51]