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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.
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. The funds are to be allocated toward new submarines (twelve are planned) and overall force modernisation.
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 ...
All members of Nato are signed up to an agreement to spend the equivalent of 2% of their gross domestic product (GDP) on defence per year. In 2023, 11 Nato countries met this pledge, including the ...
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. [2]
The Department of National Defence estimates the production rate would be about 24,000 ICU uniforms per year. Small Arms Modernization Project: Small arms: N/A: 2012–2022: N/A: In October 2007, Department of National Defence approved the Identification of the Small Arms Replacement Project II (SARP II). The SARP II will deliver a modern ...
The Canada First Defence Strategy was also primarily focused on the funding for the Canadian Forces, and the strategy outlined plans to increase funding for the Canadian Forces from $18 billion in 2007–2008 to over $30 billion in 2027–2028.
Defence Secretary Grant Shapps highlighted the risks posed by Russia, China, Iran and North Korea. Shapps makes case for increased western defence spending in ‘pre-war’ era Skip to main content