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According to NATO sources in 2008, Greece spent 2.8% of GDP on its military, which translated to about €6.9 billion (US$9.3 billion). [6] In 2008, Greece was the largest importer of conventional weapons in Europe and its military spending was the highest in the European Union relative to the country's GDP, reaching twice the European average ...
Highest military expenditure, share of GDP. The following lists are lists of countries by military spending as a share of GDP - more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source. The second list gets its data from the ...
Military expenditure in Greece was reported at 3.69% of GDP in 2022, a significant increase from 1.9% in 2019. This surge in spending is largely attributed to the election of the New Democracy Party, making Greece the biggest spender on military as a percentage of GDP in all of NATO, surpassing even the United States.
Hellenic Air Force. The Hellenic Air Force ( HAF; Greek: Πολεμική Αεροπορία, romanized : Polemikí Aeroporía, lit. 'Military Aviation', sometimes abbreviated as ΠΑ) is the air force of Greece ( Hellenic being the endonym for Greek in the Greek language ). It is considered to be one of the largest air forces in NATO, and is ...
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
By GDP per capita. The European Defence Agency member state average spend on defence as a percentage of GDP was 1.5% in 2022. [ 2] Rank (lowest first) Country. Percentage of GDP expenditure, 2023 [ 3] 29. Albania. 1.74%.
The economy of Greece is the 54th largest in the world, with a nominal gross domestic product (GDP) of $250.276 billion per annum. [ 6] In terms of purchasing power parity, Greece is the world's 55th largest economy, at $430.125 billion per annum. [ 6] As of 2023, Greece is the sixteenth largest economy in the European Union and eleventh ...
In 2008, Greece was the largest importer of conventional weapons in Europe and its military spending was the highest in the European Union relative to the country's GDP, reaching twice the European average. [65] Even in 2013, Greece had the second-biggest defense spending in NATO as a percentage of GDP, after the US. [66]