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The second list is based on the 2024 edition of The Military Balance, published by the International Institute for Strategic Studies (IISS) using average market exchange rates. [2] The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources.
The GMI 2023 covers 149 states and is widely used to study military economies of different countries and compare them. ... This page was last edited on 14 May 2024, ...
This article lists military spending in European countries by varying methods including as a percentage of GDP per capita and as a total capital expenditure as listed by the Stockholm International Peace Research Institute unless otherwise stated or cited.
Sweden should increase its annual military budget by nearly 54 billion kronor ($5 billion) by 2030 to strengthen its air defenses and beef up the number of conscripts, a Swedish parliamentary ...
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 ] Military expenditure per capita spending
(Reuters) - NATO chief Mark Rutte said on Monday the alliance's military capability targets may require members to spend as much as 3.7% of GDP on defence but this figure could be reduced with ...
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
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.