By The GlobalistNineteen countries worldwide devote a larger share of their economies to defense spending than the United States.1. Among the 171 countries surveyed by the Stockholm International Peace Research Institute (SIPRI), in 2015, 19 spent a higher share of their GDP on defense than the United States’s 3.3%.
2. All of these countries, of course, spend far less in absolute dollar terms than the United States does, but they are still putting a greater share of their economies to armed pursuits.
3. Above 6% of GDP, in descending order, they are: Oman (16.2%); South Sudan (13.8%); Saudi Arabia …read more
Source: The Globalist
