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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 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
In 2012, Israel spent $15.2 billion on its armed forces, one of the highest ratios of defense spending to GDP among developed countries ($1,900 per person). However, Israel's spending per capita is below that of the US.
Israel’s top level of spending as part of GDP on the military came in 1975 when the country spent 30.5 per cent on defence. Comparatively, last year Ukraine spent 33.5 per cent of its GDP on ...
Israel's war with Hamas is set to cost billions of dollars, as Israel recorded a budget deficit of 22.9 billion shekels ($6 billion) in October, citing a spike in expenses to fund the war.
The amended budget adds more spending on defence and compensation to households and businesses hurt by the war, which was sparked by Hamas' shock attack on Israel on Oct. 7. Members of the Knesset ...
The manufacture of small weapons and explosives for the forerunners of the IDF had begun in secret arms factories during the 1930s. [12] Jewish units fought the 1948 Arab–Israeli War of 1947-1949 with Sten guns, grenades, light mortars, antitank guns, flamethrowers, and light ammunition, much of it produced in Israel with surplus United States machinery acquired as scrap after World War II. [12]
The Israel Defence Forces (IDF) has three branches: the Israeli Ground Forces, the Israeli Air Force, and the Israeli Navy. In 2021, the Israeli military spend was $24.34bn (£20bn).