Search results
Results from the WOW.Com Content Network
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 .
According to the World Bank, China's defense spending equaled 1.6% of its GDP in 2022, the last year for which figures were available, compared to 3.5% for the United States. While the U.S. defense budget has declined to about 12% of government spending, the proportion China spends remains obscure because of the many civilian-military ...
China on Saturday announced a 7.1% increase in defense spending in 2022 to $229 billion, continuing years of robust spending on its increasingly powerful military that is challenging the U.S ...
China on Tuesday announced a 7.2% increase in its defense budget, which is already the world’s second-highest behind the United States at 1.6 trillion yuan ($222 billion), roughly mirroring the ...
A RAND Corporation study for year 2003 estimated China's defense spending to be higher than the official number but lower than United States Department of Defense calculations. The defense spending of China was estimated, in the mid-range estimate, to be 38 billion dollars or 2.3% of China's GDP in 2003. The official figure was 22.4 billion ...
The China Military Power Report (abbr. CMPR), officially the Military and Security Developments Involving the People's Republic of China, is an annual report produced by the United States Department of Defense for the United States Congress that provides estimates, forecasts, and analysis of the People's Republic of China (PRC) military and security developments for the previous year.
China rejected a meeting with Defense Secretary Lloyd Austin during a conference in southeast Asia this week, marking the latest turn in a tumultuous relationship between the two countries ...
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