The growth of Japan’s GDP may sound like good news for the country, but it also means it will have to pay more to reach its ...

U.S. Commerce Secretary Howard Lutnick said on Sunday he would strip out government spending from the gross domestic product ...

The parties hoping to form Germany's next government agreed to create a 500 billion euro infrastructure fund and overhaul ...

Economists say the region’s planned defense buildup may be exactly what its economy needs, despite some sizable hurdles.

European Union leaders have committed to a massive step in defense cooperation following decades of hesitation.

Trump and his administration have made it clear that Europe needs to bolster its own security ahead of its stated Europe-U.S.

while data has shown the mighty US economy pulling even further ahead of its European counterpart. As a rapid rise in military spending across Europe looks increasingly likely, could it also give ...

“They count government spending as part of GDP. So I’m going to separate those two and make it transparent.” Doing so could potentially complicate or distort a fundamental measure of the U.S ...

We’ve drawn our data from the latest data provided by the CIA World Factbook Military Spending % GDP: 3.4 (2024) Although U.S. defense spending as a percentage of GDP is relatively small ...

The U.S. has been supplying Ukraine with military equipment under the Presidential Drawdown Authority since August 2021 in ...

The fiscal year budget last year was NT$2.85 trillion, or US$86 billion. That’s right, to reach 10 percent of GDP, Taiwan would have to convert its entire government budget to military spending, a ...