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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 $2204.
Originally, Canada was thought to have had the third-largest navy in the world, but with the fall of the Soviet Union, new data based on Japanese and Soviet sources found that to be incorrect. [24] Since 1947, Canadian military units have participated in more than 200 operations worldwide, and completed 72 international operations.
The PBO also disagreed with projections by the Department of National Defense that military spending would reach 1.76% of GDP by 2029-30. Instead, it sees defense expenditures equal to 1.58% of ...
OTTAWA (Reuters) -Canada expects to increase its defense spending to the NATO target of 2% of gross domestic product by 2032, Prime Minister Justin Trudeau said on Thursday, in Ottawa's first ...
Rank Country Global Militarization Index (GMI) Military Expenditure Index Score People Index Score Heavy Weapons Index Score 1 Ukraine 335: 5.11: 1.29: 1.75
In this article, we will be taking a look at the 25 most powerful militaries in the world in 2022. To skip our detailed analysis, you can go directly to see 10 Most Powerful Militaries in the ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. ... Canada * 8,694: 9,897: 10,747 ... Military budget;