Military expenditure (% of GDP)

"Military expenditures data from SIPRI are derived from the NATO definition, which includes all current and capital expenditures on the armed forces. Excluded are civil defense and current expenditures for previous military activities, such as for veterans' benefits, demobilization, conversion, and destruction of weapons."

Retrieved from, http://data.worldbank.org/indicator/MS.MIL.XPND.GD.ZS, on 15.01.2015

Data host: 

World Bank

Unit of Measurement: 

Percent / GDP (% / GDP)

Type of Indicator source: 

  • Intergovernmental Organisation