Military expenditures as a share of government expenditure reached 6.33 % in 2015 in World, according to the SIPRI Military Expenditure Database. This is 2.82 % more than in the previous year.
Historically, military expenditures as a share of government expenditure in World reached an all time high of 23.8 % in 1972 and an all time low of 5.29 % in 1995. When compared to World's main peers, military expenditures as a share of government expenditure in China amounted to 6.09 %, 2.69 % in Germany, 2.62 % in Japan and 9.35 % in USA in 2015.
World has been ranked 53rd within the group of 148 countries we follow in terms of military expenditures as a share of government expenditure, 11 places above the position seen 10 years ago.
Military expenditure is derived from the NATO definition, which includes all current and capital expenditure on the armed forces, including peacekeeping forces, defence ministries and other government agencies engaged in defence projects, paramilitary forces, if these are judged to be trained and equipped for military operations, and military space activities.
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