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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 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 ...
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 ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. ... Canada * 8,694: 9,897: 10,747 ... Military budget;
A positive (+) number indicates that revenues exceeded expenditures (a budget surplus), while a negative (-) number indicates the reverse (a budget deficit). Normalizing the data, by dividing the budget balance by GDP, enables easy comparisons across countries and indicates whether a national government saves or borrows money.
According to PBO projections, defense expenditures would need to reach C$81.9 billion ($58.87 billion) by 2032-33, almost double the projected amount for 2024-25 of C$41 billion.
The Canadian federal budget for the fiscal years of 2024–25 was presented to the House of Commons by Finance Minister Chrystia Freeland on 16 April 2024. [1] The budget's slogan is "Fairness for every generation", suggesting the government planned to help younger people.
The United States has long had the world’s biggest defense budget, ... in 2024 are running 41% higher than in 2023. ... Trump’s four years as president and $6.8 trillion during Biden’s first ...