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For long we often hear our media spin the defence budget figures to % of GDP, and taking solace of the fact that it is low. But what they don't tell you is the % of the Budget with regards to the National Budget/Government Spending. Here we will see some countries with the Percentages w.r.t the Overall Budget. Country - Budget - % of National Budget China** - 45 Billion - 7.3% United States of America - 660 Billion - 20.04% France - 67.3 Billion - 11.41% Germany - 48 Billion - 9.2% India* - 36.6 Billion - 14% Srilanka - 1.6 Billion - 22% All Figures in US Dollars *India's defence spending when it includes National Security(Home affairs, R&D.. etc), jumps to 20% of the National Budget **Real figures for China could be more References: Reference 1 Reference 2 |
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