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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 Royal Canadian Navy will upgrade the current Evolved Sea Sparrow Missile (ESSM) point defence missile system on its Halifax Class frigates to the Block 2 version. [79] Unmanned surface vehicle: USV: N/A: N/A: N/A: In 2012, the government of Canada announced a $3-million to support research on USV technologies.
OTTAWA (Reuters) -Canada would have to double current defense spending by fiscal 2032-33 to achieve its stated goal of meeting NATO targets, an increase that could violate fiscal anchors put in ...
It is believed that this move was made to improve Canada's defence-related NATO reporting metrics. [84] In 2024 the Canadian Federal government announced plans to increase defence spending by 77 billon dollars over the next twenty years at a rate of 1.76% of GDP.
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 ...
Defence spending by NATO's European members and Canada was 20% higher in 2024 than the previous year, NATO Secretary General Mark Rutte said on Friday, ahead of a meeting in which they are likely ...
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.
They are presented in millions of United States dollars in current prices, converted at the exchange rate for the given year. [1] If there is no data for a particular year, a cell is left blank. Although the database includes statistics for over 150 countries, per SIPRI's Terms and Condition permission is needed to directly reproduce more than ...