The 15 countries with the highest military expenditure in 2011

[Hello_10]

The 15 countries with the highest military expenditure in 2011

Figures for military spending calculated using purchasing power parity (PPP), ($ b., PPP)

1. United States- $711bn
2. China- $228bn
3. India- $112bn
4. Russia- $93.7bn
5. Saudi Arabia- $58.8bn
6. United Kingdom- $57.5bn
7. France- $50.1bn
8. Japan- $44.7bn
9. South Korea- $42.1bn
10. Germany- $40.4bn
11. Brazil- $33.8bn
12. Italy- $28.5bn
13. Turkey- $25.2bn
14. Canada- $19.9bn
15. Australia- $16.6bn

The 15 countries with the highest military expenditure in 2011 (table) — www.sipri.org

a The figures for national military expenditure as a share of GDP are based on estimates for 2011
GDP from the IMF World Economic Outlook database, September 2011.

b The figures for military expenditure at PPP exchange rates are estimates based on the projected implied PPP conversion rates for each country from the IMF World Economic Outlook database, September 2011.

c The figures for Saudi Arabia include expenditure on public order and safety and might be slight overestimates.

Sources: SIPRI Military Expenditure Database, <http://www.sipri.org/databases/milex/>; and International Monetary Fund, World Economic Outlook database, Sep. 2011, <
http://www.imf.org/external/pubs/ft/weo/2011/02/weodata/index.aspx>.

 

[India defense]

India -$112 billion...where did you get these figures?

 

[W.11]

where there is nothing but rats to feed, india is keen to spend 112 billion not on its 1,2 billion but fart missiles and fart tanks

 

[India defense]

where there is nothing but rats to feed, india is keen to spend 112 billion not on its 1,2 billion but fart missiles and fart tanks

Why are you start farting?

 

[Koovie]

where there is nothing but rats to feed, india is keen to spend 112 billion not on its 1,2 billion but fart missiles and fart tanks

go somewhere else to troll and to show your fustration. These numbers are by PPP and India is 3rd largest economy by PPP, so no problem with that

and this is called a senior member ?

 

[KRAIT]

where there is nothing but rats to feed, india is keen to spend 112 billion not on its 1,2 billion but fart missiles and fart tanks

No one asked your opinion about missiles and tanks, we have the money we will spend the way we want....better stay out of it if you can't have constructive discussion.

 

[XTREME]

 

[core]

where there is nothing but rats to feed, india is keen to spend 112 billion not on its 1,2 billion but fart missiles and fart tanks

those farts gonna hurt u pretty bad if they fall on u......

 

[Hello_10]

India -$112 billion...where did you get these figures?

sir, I dont come without any credible source of information

please click on the link as below and then open the file. for your information, SIPRI is among the most reputed source of information about defense expenditure of countries. but interestingly, Pakistan isn't in list with even $16bn defense budget on PPP like Australia ranked 15th

The 15 countries with the highest military expenditure in 2011 (table) &mdash; www.sipri.org

The 15 countries with the highest military expenditure in 2011 (table) &mdash; www.sipri.org

 

[Chinese-Dragon]

According to the IMF... PPP should NOT be used for international comparisons.

"The IMF considers that GDP in purchase-power-parity (PPP) terms is NOT the most appropriate measure for comparing the relative size of countries to the global economy, because PPP price levels are influenced by non-traded services, which are more relevant domestically than globally," the IMF said.

"The Fund believes that GDP at market rates is a more relevant comparison."

edition.cnn.com/2011/BUSINESS/04/26/us.china.economy/index.html

Especially not for India's defence budget, since even India's "indigenous" systems use imported components from other countries.

And with the Rupee falling as much as it has, only makes it worse, when most of your stuff is bought from overseas.

 

[PERSIAN GOD KING]

what rank is Iran? is it in top 20?

 

[core]

Saudi Arabia spends...8% of GDP....wow...

 

[KRAIT]

According to the IMF... PPP should NOT be used for international comparisons.



edition.cnn.com/2011/BUSINESS/04/26/us.china.economy/index.html[/url

Especially not for India's defence budget, since even India's "indigenous" systems use imported components from other countries.

And with the Rupee falling as much as it has, only makes it worse, when most of your stuff is bought from overseas.

]Even US uses Indian and Chinese components...even China uses russian engines...and your Rupee rant is getting old...come up with new ideas, news man, I have faith in you that you will dig up each and every bit of information on the internet just to bash India.....God Speed...

 

[xataxsata]

where there is nothing but rats to feed, india is keen to spend 112 billion not on its 1,2 billion but fart missiles and fart tanks

Try this

 

[Hello_10]

According to the IMF... PPP should NOT be used for international comparisons.



edition.cnn.com/2011/BUSINESS/04/26/us.china.economy/index.html

Especially not for India's defence budget, since even India's "indigenous" systems use imported components from other countries.

And with the Rupee falling as much as it has, only makes it worse, when most of your stuff is bought from overseas.

sir, out of total around $40bil defense budget of India, around 40% go on capital expenditure and only around 10% (25% of total capital expenditure) is imported, rest is domestically made. even if India is buying SU30mki, T90 tanks etc from Russia, their production lines are in fact based in India itself. so fall of rupees will have very less affects on Indian defence expenditure.

also, its the US$ which is being appreciated. and as Russia accounts for around 70% arms buying of India, please check the grapph as below, Russian currency and Indian rupees faced similar fall against US$, while Brazilian currency was the worst affected?

Brazilian Real to US Dollar Exchange Rate Graph - Dec 19, 2011 to Jun 14, 2012

Indian Rupee to US Dollar Exchange Rate Graph - Dec 19, 2011 to Jun 14, 2012

Russian Ruble to US Dollar Exchange Rate Graph - Mar 19, 2012 to Jun 14, 2012