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Nigel G Wilcox
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Aircraft And Military Development & Applications
Military Nation Spending Listing 2019
Countries Spending The Most on their Military Spending
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10. Korea, Republic
- Military expenditure (2017): $39.2 billion
- Military expenditure as a % of general government expenditure (2017): 12.1% (#16 among countries)
- Military expenditure per capita (2017): $761 (#13 among countries)
Tensions between South Korea and its northern neighbor shaped much of the Republic's defense policy—and budget since the Korean Peninsula was divided at the end of the Korean War. A significant portion of the budget proposed in 2018 has been earmarked for efforts to increase cooperation between the two countries. President Moon Jae-in and North Korea's Kim Jong Un signed the Panmunjom Declaration after a summit in April last year and committed to halt in hostilities and denuclearization, though that goal remains elusive.
14. Canada
- Military expenditure (2017): $20.6 billion
- Military expenditure as a % of general government expenditure (2017): 3.1% (#102 among countries)
- Military expenditure per capita (2017): $560 (#17 among countries)
After pressure by the U.S. to spend more on national defense in 2017, Canada promised to boost military funding by 70% in the next decade. Canadian politicians see America's increasingly isolationist foreign policy as an opportunity for the Great White North to have a more prominent position on the global stage. Critics of these new goals point out that the money for a bigger budget has to come from somewhere, threatening to raise taxes or force cuts to Canada's robust social safety net.