Marcin: Created page with "=Introduction= https://www.forbes.com/sites/niallmccarthy/2015/06/25/the-biggest-military-budgets-as-a-percentage-of-gdp-infographic-2/#1298700a4c47 While the entire volume..."

2018-04-20T14:00:10Z

Created page with "=Introduction= https://www.forbes.com/sites/niallmccarthy/2015/06/25/the-biggest-military-budgets-as-a-percentage-of-gdp-infographic-2/#1298700a4c47 While the entire volume..."

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=Introduction=

https://www.forbes.com/sites/niallmccarthy/2015/06/25/the-biggest-military-budgets-as-a-percentage-of-gdp-infographic-2/#1298700a4c47

While the entire volume is gargantuan - totaling about $1T global spending per year - as a percentage of the global economy - this is only about 1%.

Specifically, if the USA's other military-related expenditures are counted, the total spending for the USA alone is $1.3T - [https://en.wikipedia.org/wiki/Military_budget_of_the_United_States]. This indicates a total global budget of about $2T - or 2% of the global GDP.

=Historical Trend=

Is the world becoming more peaceful? The best indicator for this could perhaps be a measurement of military expenditure as a fraction of the overall economy.

The current 1% appears to be substantially better than historically - data?_______

Global Military Spending - Revision history

Marcin: Created page with "=Introduction= https://www.forbes.com/sites/niallmccarthy/2015/06/25/the-biggest-military-budgets-as-a-percentage-of-gdp-infographic-2/#1298700a4c47 While the entire volume..."