Military budget

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A military budget of an entity, most often a nation or a state, is the budget and financial resources dedicated to raising and maintaining armed forces for that entity. Military budgets reflect how much an entity perceives the likelihood of threats against it, or the amount of aggression it wishes to employ. Internal law enforcement forces are generally excluded.

1 Military budgets (2003)
2 NATO countries' largest military budgets
3 See also
4 External links

[edit] Military budgets (2003)

The yearly report from the Stockholm International Peace Research Institute shows that the purchase of military products by NATO member nations during the year 2003 rose 11 percent relative to 2002 (6.5 percent in volume). In some countries, this budget has been increased to the level maintained during the Cold War.

The military budget of the United States leads in this increase; U.S. purchases account for 47 percent of world military expenditures in 2003, which totaled about US$956 billion. The funds for the War in Iraq and the supplementary expense of US$83 billion account for much of this increase; other spending only accounts for 3.5 percent of the increase. The military budgets of France, Germany, the United Kingdom, and Italy represent about 13 percent (US$120 billion) of world military spending. France and the United Kingdom have increased their equipment expenses, not only to act in United States military operations with the same technological level of their ally, but equally to be able to act independently in smaller military campaigns such as Côte d'Ivoire.

Among non-NATO nations, Japan spent US$46.9 billion on military resources in 2003, The People's Republic of China, US$32.8 billion, and Russia, US$13 billion, (5 percent, 4 percent, and 1 percent of the world total, respectively).

Further information: Military budget of the United States, Military budget of the People's Republic of China, Defense budget of Japan, and Superpower

[edit] NATO countries' largest military budgets

Military spending in 2005

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Budgets 2002 for NATO countries in billions of US dollars

Country	Budget (in Billions)
United States of America	489.20
United Kingdom	38.40
France	29.50
Germany	24.90
Italy	19.40
Spain	8.40
Canada	7.40
Netherlands	6.60
Turkey	5.80
Norway	3.80
Greece	3.50
Poland	3.50
Belgium	2.53
Denmark	2.40
Czech Republic	1.62
Portugal	1.30
Romania	1.15
Hungary	1.08
Slovakia	0.45
Bulgaria	0.43
Slovenia	0.31
Lithuania	0.23
Luxembourg	0.18
Estonia	0.13
Latvia	0.12
Iceland	0.03