Military expenditure as a share of GDP reached 1.23 % in 2017 in Netherlands, according to the SIPRI Military Expenditure Database. This is 4.43 % more than in the previous year.
Historically, military expenditure as a share of GDP in Netherlands reached an all time high of 4.12 % in 1962 and an all time low of 1.14 % in 2015. When compared to Netherlands's main peers, military expenditure as a share of GDP in Belgium amounted to 0.909 %, 1.17 % in Denmark, 1.22 % in Germany and 1.83 % in United Kingdom in 2017.
Netherlands has been ranked 93rd within the group of 146 countries we follow in terms of military expenditure as a share of GDP.
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.