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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, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. 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 $2204.
The index uses a number of indicators. [8]Military Expenditure Index Score: comparison of military expenditures with GDP and health care expenditures. People Index Score: contrast between the number of military and paramilitary forces with the overall population and the number of physicians.
Rank Country Global Militarization Index (GMI) Military Expenditure Index Score People Index Score Heavy Weapons Index Score 1 Ukraine 335: 5.11: 1.29: 1.75
Stephen and Joanna Vargha retired early and moved from North Carolina to Cuenca, Ecuador, in 2020 for the lower cost of living. We retired early and moved to Ecuador.
The US is not the only country seeking to expand its power. Between 2012 and 2016, more weapons were delivered than during any five-year period since 1990. See the full list of the 25 most ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions This is a list of countries by past military expenditure , starting 1987. Methodology
Latin American and the Caribbean nations by estimated GDP (PPP) in 2023 [1] Rank Nation GDP (PPP) in International Dollars Total (billions) Per capita 1 Brazil: 4,101.022 20,079 2 Mexico: 3,277.601 24,796 3 Argentina: 1,239.515 26,506 4 Colombia: 1,016.124 19,482 5 Chile: 597.520 29,935 6 Peru: 548.465 15,894 7 Dominican Republic: 273.703 ...