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Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
Highest military expenditure, share of GDP. The following lists are lists 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. The second list gets its data from the ...
Military expenditure of the world from 1950 to 2022 in constant 2021 US$ billions. Defense spending in the UK over time. The Saturday Review magazine in February 1898 outlined the levels of military expenditure as a percentage of tax revenue spent by the then great powers for the year 1897: [ 8] United States: 17%.
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). The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on ...
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%. 1.
[20] [21] [22] While NATO members have committed to spending at least 2% of their Gross Domestic Product (GDP) on defence, most of them did not meet that goal in 2023 [23] Total Military budget of European NATO countries (excluding Turkey) as a percentage of US military budget.
This is a partial measure of all defense-related spending. The military budget of the United States during FY 2014 was approximately $582 billion in expenses for the Department of Defense (DoD), $149 billion for the Department of Veterans Affairs, and $43 billion for the Department of Homeland Security, for a total of $770 billion. This was ...
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 dollars. Nevertheless, Chinese military spending doubled between 1997 and 2003, nearly reaching the level of the United Kingdom and Japan, and it continued to grow over 10% ...