What's new

Bangladesh building missile arsenal

I think that Bangladesh could spend 6% of GDP on defense without any discomfort which would be around $12 billion. While small in comparison to India's defence budget it would be sufficient to procure some of the best military equipment and make things difficult for our neighbor if there was ever a war. Afghanistan and Vietnam had much smaller budgets but have managed to keep superpowers in abeyance and even inflicted some pain.
 
I think that Bangladesh could spend 6% of GDP on defense without any discomfort which would be around $12 billion. While small in comparison to India's defence budget it would be sufficient to procure some of the best military equipment and make things difficult for our neighbor if there was ever a war. Afghanistan and Vietnam had much smaller budgets but have managed to keep superpowers in abeyance and even inflicted some pain.

i agree:agree:..................
 
Rank Country Military expenditures (USD) Date of information
— World Total 1,470,000,000,000 2008[1]
— NATO Total 1,049,875,309,000
1 United States 711,000,000,000 2009[2]
— European Union Total 311,920,000,000 2007[3]
2 France 65,392,432,500 2008-2009[4]
3 United Kingdom 59,255,774,300 FY 2008-09[5]
4 China 58,800,000,000 2008[6]
5 Russia 50,000,000,000 2009[7][8]
6 Japan 48,860,000,000 2008[9]
7 Germany 45,930,000,000 2008[10]
8 Italy 40,060,000,000 2008 (est.)[citation needed]
9 Saudi Arabia 31,050,000,000 2008[11]
10 South Korea 28,940,000,000 2008[12]
11 India 26,500,000,000 2008-2009[1]
12 Turkey 25,407,304,010 2008[citation needed]
13 Brazil 25,396,731,055 2008[13]
14 Australia 24,802,000,000 2008[14]
15 Canada 18,695,342,000 2008-2009[15]
16 Iraq 17,900,000,000 2008
17 Spain 17,700,000,000 2008[citation needed]
18 Netherlands 12,000,000,000 2008[16]
19 Poland 10,838,000,000 2008[17]
20 Republic of China (Taiwan) 10,500,000,000 2008
21 Israel 9,444,000,000 2007
22 Pakistan 7,800,000,000 2008
23 Greece 7,648,561,000 2007 (est.)[18]
24 Singapore 7,129,400,000 2007
25 Sweden 6,309,137,714 2007[19]
26 Iran 6,300,000,000 2005[20]
27 Mexico 6,070,000,000 2006[21][22]
28 Norway 5,725,000,000 2007
29 North Korea 5,500,000,000 2005[23]
30 Chile 5,193,000,000 2007[24]
31 Indonesia 4,740,000,000 2008
32 Argentina 4,300,000,000 NA
33 South Africa 4,067,879,840 2008-2009[25]
34 Belgium 4,000,000,000 2007[26]
35 Venezuela 4,000,000,000 2007
36 Portugal 3,497,800,000 2003
37 Colombia 3,300,000,000 2005
38 Egypt 3,300,000,000 2003[27]
39 Denmark 3,271,600,000 2003
40 Vietnam 3,200,000,000 2005 [28]
41 Kuwait 3,007,000,000 2005
42 Algeria 2,994,000,000 2005
43 Austria 2,978,000,000 FY08[29]
44 Romania 2,900,000,000 2007[30]
45 Finland 2,800,000,000 FY06
46 Switzerland 2,548,000,000 2005
47 Morocco 2,306,000,000 2005
48 Czech Republic 2,170,000,000 2004
49 Ukraine 2,066,806,000 2008[31]
50 Azerbaijan 2,000,000,000 2008[32]
51 Angola 2,000,000,000 2005
52 Peru 1,829,300,000 2008 [33]
53 Thailand 1,775,000,000 NA
54 Malaysia 1,690,000,000 NA
55 United Arab Emirates 1,600,000,000 NA
56 New Zealand 1,526,000,000 2008
57 Slovakia 1,408,000,000 2008
58 Jordan 1,392,000,000 2005
59 Hungary 1,376,000,000 2007
60 Philippines 1,348,000,000 2007
61 Libya 1,300,000,000 2007
62 Ireland 1,300,000,000 2007
63 Serbia 1,200,000,000 2007
64 Georgia 1,200,000,000 2007
65 Croatia 1,140,000,000 2008
66 Yemen 992,200,000 2005
67 Syria 858,000,000 2005
68 Bangladesh 836,900,000 2007
69 Nigeria 737,600,000 2005
70 Bulgaria 730,000,000 2007
71 Qatar 694,000,000 2005
72 Cuba 694,000,000 NA
73 Bahrain 627,700,000 2005
74 Sri Lanka 606,200,000 2005
75 Sudan 587,000,000 2004
76 Lebanon 540,600,000 2004
77 Armenia 510,000,000 2008
78 Lithuania 490,800,000 FY01
79 Belarus 420,500,000 2006
80 Ethiopia 400,000,000 2008/9[34][35]
81 Cyprus 384,000,000 NA
82 Uruguay 371,200,000 2005
83 Slovenia 370,000,000 2007
84 Tunisia 356,000,000 NA
85 Madagascar 329,000,000 2005
86 Botswana 325,500,000 2005
87 Ethiopia 400,000,000 2008/9
88 Brunei 290,700,000 2004
89 Kenya 280,500,000 2005
90 Estonia 259,000,000 FY06
91 Oman 252,990,000 2005
92 Côte d'Ivoire 246,600,000 2005
93 Albania 235,000,000 2007
94 Bosnia and Herzegovina 234,300,000 NA
95 Luxembourg 231,076,480 2003
96 Cameroon 230,200,000 2005
97 Kazakhstan 221,800,000 FY02
98 Eritrea 220,100,000 2005
99 Uzbekistan 200,000,000 NA
100 Uganda 192,800,000 2005
101 Dominican Republic 180,000,000 FY98
102 Guatemala 169,800,000 2005
103 El Salvador 161,700,000 2005
104 Equatorial Guinea 152,200,000 2005
105 Panama 150,000,000 2005
106 Namibia 149,500,000 2005
107 Bolivia 130,000,000 2005
108 Zimbabwe 124,700,000 2005
109 Afghanistan 122,400,000 2005
110 Zambia 121,700,000 2005
111 Guinea 119,700,000 2005
112 Republic of Macedonia 117,710,000 2006
113 Senegal 117,300,000 2005
114 Cambodia 112,000,000 NA
115 Mali 106,300,000 2005
116 Nepal 104,900,000 2005
117 Congo, Democratic Republic of the 103,700,000 2005
118 Benin 100,900,000 2005
119 Honduras 99,410,000 2005
120 Turkmenistan 90,000,000 NA
121 Latvia 87,000,000 2007
122 Congo, Republic of the 85,220,000 2005
123 Ghana 83,650,000 2005
124 Costa Rica 83,460,000 2005
125 Mozambique 78,030,000 2005
126 Burkina Faso 74,830,000 2005
127 Chad 68,950,000 2005
128 Liberia 67,400,000 2005
129 Trinidad and Tobago 66,720,000 2003
130 Rwanda 53,660,000 2005
131 Paraguay 53,100,000 2003
132 Maldives 45,070,000 2005
133 Niger 44,780,000 2005
134 Malta 44,640,000 2005
135 Burundi 43,900,000 2005
136 Swaziland 41,600,000 2005
137 Lesotho 41,100,000 2005
138 Burma NA NA
139 Fiji 36,000,000 2004
140 Tajikistan 35,400,000 FY01
141 Nicaragua 32,270,000 2005
142 Jamaica 31,170,000 2003
143 Togo 29,980,000 2005
144 Djibouti 29,050,000 2005
144 Iceland 26,000,000 2008[36]
145 Haiti 25,960,000 2003
146 Mongolia 23,100,000 FY02
147 Somalia 22,340,000 2005
148 Tanzania 21,200,000 2005
149 Mauritania 19,320,000 2005
150 Kyrgyzstan 19,200,000 FY01
151 Belize 19,000,000 2005
152 Papua New Guinea 16,900,000 2003
153 Central African Republic 16,370,000 2005
154 Malawi 15,810,000 2005
155 Seychelles 14,850,000 2005
156 Sierra Leone 14,250,000 2005
157 Comoros 12,870,000 2005
158 Mauritius 12,040,000 2005
159 Laos 11,040,000 2005
160 Guinea-Bissau 9,455,000 2005
161 Moldova 8,700,000 2004
162 Bhutan 8,281,000 2005
163 Suriname 7,494,000 2005
164 Cape Verde 7,178,000 2005
165 Guyana 6,479,000 2003
166 East Timor 4,400,000 FY03
167 Bermuda, UK overseas territory 4,030,000 2001
168 Gambia, The 1,547,000 2004
169 San Marino 700,000 2005
170 São Tomé and Príncipe 581,700 2004


[edit] Stockholm International Peace Research Institute figures

The 15 countries with the largest defense budgets (2007)Rank Country Spending ($ b.) World Share (%)
— World Total 1339.0 100
1 United States 547.0 45
2 United Kingdom 59.7 5
3 China 58.3 5
4 France 53.6 4
5 Japan 43.6 4
6 Germany 36.9 3
7 Russia 35.4 3
8 Saudi Arabia 33.8 3
9 Italy 33.1 3
10 India 24.2 2
11 South Korea 22.6 2
12 Brazil 15.3 1
13 Canada 15.2 1
14 Australia 15.1 1
15 Spain 14.6 1


[edit] List of countries by military expenditure as a percentage of GDP
Please help improve this section by expanding it. Further information might be found on the talk page or at requests for expansion. (June 2008)

Map of the military expenditures as a percentage of GDP by country.Below is a list of countries ranked by order of military expenditure as a percentage of GDP. This statistic reflects the importance of military buildup and army modernization for all countries. It also indicated how much priority each country places in military expenditure.

The greater a country spends on its military as a percentage of its GDP, the less money it will have to spend on other crucial aspects such as infrastructure and education, and the more likely it will come under scrutiny from other countries.[37]

The trend is that developing countries, especially Middle Eastern countries with emerging markets due to their oil wealth, and countries in proximity of conflict zones seem to be spending the most as a percentage of their GDP to modernize their military and to try to catch up with Western countries, which spend less as a result of having built a strong modernized military over the past few decades.

Rank Country Military expenditures as % of GDP Date of information
1 North Korea 22.90 2003 est.
2 Georgia 15.90[citation needed] 2007 est.
3 Oman 11.40 2005 est.
4 Qatar 10.00 2005 est.
5 Saudi Arabia 10.00 2005 est.
6 Iraq 8.60 2006
7 Jordan 8.60 2006
8 Israel 7.30 2006
9 Yemen 6.60 2006
10 Armenia 6.50 2001
11 Eritrea 6.30 2006 est.
12 Burundi 5.90 2006 est.
13 Syria 5.90 2005 est.
14 Colombia 5.70 2008 est.[38]
15 Angola 5.70 2006
16 Mauritania 5.50 2006
17 Maldives
 
Rank Country Military expenditures (USD) Date of information
— World Total 1,470,000,000,000 2008[1]
— NATO Total 1,049,875,309,000
1 United States 711,000,000,000 2009[2]
— European Union Total 311,920,000,000 2007[3]
2 France 65,392,432,500 2008-2009[4]
3 United Kingdom 59,255,774,300 FY 2008-09[5]
4 China 58,800,000,000 2008[6]
5 Russia 50,000,000,000 2009[7][8]
6 Japan 48,860,000,000 2008[9]
7 Germany 45,930,000,000 2008[10]
8 Italy 40,060,000,000 2008 (est.)[citation needed]
9 Saudi Arabia 31,050,000,000 2008[11]
10 South Korea 28,940,000,000 2008[12]
11 India 26,500,000,000 2008-2009[1]

thnx for ur valuable information brother.......:cheers:
 
Last edited by a moderator:
I think that Bangladesh could spend 6% of GDP on defense without any discomfort which would be around $12 billion. While small in comparison to India's defence budget it would be sufficient to procure some of the best military equipment and make things difficult for our neighbor if there was ever a war. Afghanistan and Vietnam had much smaller budgets but have managed to keep superpowers in abeyance and even inflicted some pain.

6% of GDP on military spending! Bangladesh is a poor country. even some of the richest nations on earth spend less than 6% on Defence.

Now i know that you guys are going to come on with India being a poor country and spending a lot on defence stuff, so let me save you the trouble. India is a poor country, and despite rising economy, poverty is one of the biggest problems plaguing india. however, india only spend only 2.1% of GDP on defnce in fiscal year 2007-2008. even that is considered high by many.

Besides, what's the need to spend 6% on defence? bangladesh is under no threat of war. you want to spend 6% of GDP on defence, and divert funds from dvelopment, in order to antogonise India?
 
68 Bangladesh 836,900,000 2007

This is just too little. Bangladesh can easily spend 4-6 billion on defence and also make money out of it just like Pakistan. If BD can create a military infrastructure than 6% will eventually pay for itself.
 
Munshi, don't behave like an outright fool.

You are giving useless figures. There is no way Bangladesh can afford to spend 6% on defence and 6% of a 70 billion GDP is still peanuts. Better focus on coming out of the LDC label.
 
I stated that it should be 6% of GDP. Iam not an economist but $800 million is too little and 3-4 billion at this initial stage would not hurt Bangladesh.
 
3-4 billion wont hurt a nation if its around 3% of GDP. 6% is too much! How many countries spend 6% of GDP on defence. You'll find that the ones who do are the very rich ones who can afford it, or poor countries with a very aggressive mentality, like North Korea.
 
I stated that it should be 6% of GDP. Iam not an economist but $800 million is too little and 3-4 billion at this initial stage would not hurt Bangladesh.

I think the current line of thinking of hooking to a big brother (read China) makes some sense when with $800 million dollars of Military Budget.. BD is seriously exposed to India's might.. no matter whatever BD enthusiasts claims.. not sure under what political circumstance India would like to attack BD..though.Since India is neither Israel nor Russia to have political will or Petro dollars... we are just too laid back and happy ..go around...
 
Back
Top Bottom