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Actual value and historical data chart for Pakistan Military Expenditure Percent Of GDP
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TwitterIn 2023, the ratio of military expenditure to gross domestic product (GDP) in Pakistan stood at 2.8 percent. Between 1960 and 2023, the figure dropped by 1.51 percentage points, though the decline followed an uneven course rather than a steady trajectory.
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TwitterIn 2024, Pakistan's military expenditure was **** percent of its GDP, a decrease from the previous year. During this period, Pakistan allocated about ******************************* to its military spending.
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TwitterAs a share of gross domestic product (GDP), Ukraine spent more on its military than any other country in 2024, reaching 35 percent of the country's GDP. The high figure is due to the country being invaded by Russia in February 2022. Israel, that is fighting Hamas in the Gaza war, and Algeria followed behind.Leading military spending countriesIn gross terms, the countries with the highest military spending are the United States, China, and Russia. However, these are countries with large populations and GDPs, and smaller countries usually cannot compete alone, regardless of how much they invest. For this reason, they form alliances such as the North Atlantic Treaty Organization (NATO). NATO countries aim to pool two percent of their GDP towards their own militaries and to aid each other in case of war. Regional differencesThe past decade has seen an increase in global military spending. This has not been distributed evenly. That period saw large positive changes in military spending from several Asian countries, including a large increase from China. While this does not reflect the number of active conflicts, it reflects growing tensions in global affairs.
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TwitterIn 2024, Pakistan's military expenditure reached nearly ************** Pakistani rupees, an increase from the previous year. During this period, Pakistan allocated about *** percent of its GDP to military spending.
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Pakistan PK: GDP: Growth: Final Consumption Expenditure: General Government data was reported at 5.255 % in 2017. This records a decrease from the previous number of 8.228 % for 2016. Pakistan PK: GDP: Growth: Final Consumption Expenditure: General Government data is updated yearly, averaging 6.303 % from Jun 1961 (Median) to 2017, with 57 observations. The data reached an all-time high of 48.324 % in 2006 and a record low of -15.028 % in 1974. Pakistan PK: GDP: Growth: Final Consumption Expenditure: General Government data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Pakistan – Table PK.World Bank.WDI: Gross Domestic Product: Annual Growth Rate. Annual percentage growth of general government final consumption expenditure based on constant local currency. Aggregates are based on constant 2010 U.S. dollars. General government final consumption expenditure (general government consumption) includes all government current expenditures for purchases of goods and services (including compensation of employees). It also includes most expenditures on national defense and security, but excludes government military expenditures that are part of government capital formation.; ; World Bank national accounts data, and OECD National Accounts data files.; Weighted average;
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This scatter chart displays proportion of seats held by women in national parliaments (%) against military expenditure (% of GDP) in Pakistan. The data is filtered where the date is 2021. The data is about countries per year.
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TwitterAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automatically
Actual value and historical data chart for Pakistan Military Expenditure Percent Of GDP