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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 7.95 trillion-yen ($56 billion) defense budget for the 2024 fiscal year that begins in March marks the second year of the five-year military buildup program. The spending plan is part of a 112 ...
In the defence budget request for the year starting April 2024, which was published in August, that order was halved to 17 because the cost of the aircraft had jumped by around 5 billion yen each ...
Japan's defence ministry made a record spending request on Thursday of 7.7 trillion yen ($52.67 billion), for fiscal 2024, the latest step of a plan to boost defence spending by 43 trillion yen ...
The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area. [1] Total defence expenditure of the European Defence Agency (EDA) Member States was €279 billion in 2023, which was 1.6% of the 27 EDA Member States’ GDP. [2]
6 2020–2023. 7 See also. ... Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. ... Military budget;
In December 2020, Suga's government approved a record 5.34 trillion yen ($51.7 billion/€42.4 billion) defence budget for the fiscal year 2021. This includes investment in the development of stealth fighter jets, new long-range missile systems and new compact warships, with the goal to counter potential threats from China and North Korea.
As of 2005, Japan's military budget was maintained at about 3% of the national budget. About half of the military budget is spent on personnel costs, while the rest is reserved for weapons programs, maintenance, and operating costs. [6] As of 2023, Japan has the tenth largest defense budget in the world. [7] The defense budget for the fiscal ...