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According to NATO sources in 2008, Greece spent 2.8% of GDP on its military, which translated to about €6.9 billion (US$9.3 billion). [6] In 2008, Greece was the largest importer of conventional weapons in Europe and its military spending was the highest in the European Union relative to the country's GDP, reaching twice the European average ...
The third list is a user-generated list of the highest military budgets of the current year, compiled from various sources. Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and purchasing price parity in those countries. [3][4]
Military expenditure in Greece was reported at 3.69% of GDP in 2022, a significant increase from 1.9% in 2019. This surge in spending is largely attributed to the election of the New Democracy Party, making Greece the biggest spender on military as a percentage of GDP in all of NATO, surpassing even the United States.
More than 20 NATO members will meet the military alliance's target of spending at least 2% of GDP on defense this year, Secretary General Jens Stoltenberg said on Monday. ... Greece and Britain ...
This list is sourced from the Stockholm International Peace Research Institute (SIPRI) for the year 2020. As of 2021, the top five per capita spenders are Qatar (~$3955), Israel (~$2770), United States (~$2405), Kuwait (~$2085) and Singapore (~$1885). All five countries have increased their spending since the previous year (2020).
By GDP per capita. The European Defence Agency member state average spend on defence as a percentage of GDP was 1.5% in 2022. [2] Rank (lowest first) Country. Percentage of GDP expenditure, 2023 [3] 29. Albania. 1.74%.
In 1931, the Hellenic Air Force Academy, the Icarus School (Greek: Σχολή Ικάρων), was founded. At the end of 1936, Greece ordered 36 Polish PZL P.24 fighter aircraft, which entered service with the 21st, 22nd and 23rd Pursuit Squadrons and after completion of deliveries in 1938, formed the core of the RHAF fighter force.
The term Hellenic is the endogenous synonym for Greek. The Hellenic Army is the largest of the three branches of the Hellenic Armed Forces, also constituted by the Hellenic Air Force (HAF) and the Hellenic Navy (HN). The army is commanded by the chief of the Hellenic Army General Staff (HAGS), which in turn is under the command of Hellenic ...