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The 12 countries that spend the highest proportion of GDP on their military
|07/07/2017||Posted by BusinessMediaguide.Com under General World News||
The United States regularly has the world’s highest military expenditure, and upped its budget to $603 billion (£467 million) this year.
But when military spend is looked at as a percentage of a country’s gross domestic product (GDP), the picture is different.
This measurement looks at the relative size of a country’s miltary spending, rather than comparing budgets.
Keep scrolling for the top 12 countries.
12. Yemen — 4.02% of GDP
Population: 27.4 million (48th in the world)
18 is the legal minimum age for voluntary military service, but over 40% of Yemen’s population is 14 or younger, and the median age is read more >>>