The Biggest Military Budgets As A Percentage Of GDP

July 4th, 2015
in News, econ_news, syndication

from Felix Richter,
by Niall McCarthy

According to a SIPRI estimate, Saudi Arabia's military spending now amounts to at least 10.4 percent of its GDP.

Follow up:

The kingdom boosted spending on its armed forces by 17 percent last year and it is now splurging more on its military than ever before. U.S. military expenditure "only" amounted to 3.5 percent of GDP in 2014, despite the amount spent topping $570 billion.

This chart shows estimated military expenditure as a % of GDP in selected countries in 2014.

Infographic: The Biggest Military Budgets As A Percentage Of GDP | Statista
You will find more statistics at Statista


Make a Comment

Econintersect wants your comments, data and opinion on the articles posted. You can also comment using Facebook directly using he comment block below.

 navigate econintersect .com


Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2018 Econintersect LLC - all rights reserved