South Asia Compared by Military > Expenditures > Dollar figure
DEFINITION:
Current military expenditures in US dollars; the figure is calculated by multiplying the estimated defense spending in percentage terms by the gross domestic product (GDP) calculated on an exchange rate basis not purchasing power parity (PPP) terms. Dollar figures for military expenditures should be treated with caution because of different price patterns and accounting methods among nations, as well as wide variations in the strength of their currencies.
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Interesting observations about Military > Expenditures > Dollar figure
- South Africa ranked first for expenditures > dollar figure amongst Sub-Saharan Africa in 2004.
- Saudi Arabia ranked first for expenditures > dollar figure amongst Hot countries in 2002.
- France ranked first for expenditures > dollar figure amongst Christian countries in 2003.
- China ranked first for expenditures > dollar figure globally in 2004.
- Australia ranked first for expenditures > dollar figure amongst Former British colonies in 2004.
- Mexico ranked first for expenditures > dollar figure amongst Former Spanish colonies in 2004.
- Switzerland ranked first for expenditures > dollar figure amongst Landlocked countries in 2001.
- Turkey ranked second for expenditures > dollar figure amongst Muslim countries in 2003.
- Algeria ranked first for expenditures > dollar figure amongst Former French colonies in 2004.
- All of the top 2 countries by expenditures > dollar figure are East Asian and Pacific.
