How much money does Brazil spend on military?

How much money does Brazil spend on military?

Military Expenditure in Brazil averaged 11945.51 USD Million from 1953 until 2020, reaching an all time high of 27074 USD Million in 2018 and a record low of 1687 USD Million in 1953. Brazil Military Expenditure – values, historical data and charts – was last updated on November of 2021.

What percent of GDP does Brazil spend on military?

1.4392 %
Military expenditure (% of GDP) in Brazil was reported at 1.4392 % in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.

What is Brazil’s poverty rate?

Brazil poverty rate for 2019 was 19.60%, a 0.2% decline from 2018. Brazil poverty rate for 2018 was 19.80%, a 0.4% decline from 2017. Brazil poverty rate for 2017 was 20.20%, a 0.2% increase from 2016.

What type of military does Brazil have?

Brazilian Armed Forces
Service branches Brazilian Army Brazilian Navy Brazilian Air Force
Headquarters Ministry of Defense, Brasília
Leadership
Commander-in-Chief President Jair Bolsonaro

What percent of the GDP is spent on defense?

Although the United States spends more on defense than any other country, the Congressional Budget Office projects that defense spending as a share of gross domestic product (GDP) will decline over the next 10 years — from 3.3 percent of GDP in 2021 to 2.7 percent in 2031.

How much does North Korea military cost?

According to the World Military Expenditures and Arms Transfers 2019 report, Pyongyang today spends on its military ten times less that what Seoul does. North Korea’s military spending amounted to US $3.6 billion a year; it accounted for 13.4 percent to 23.3 percent of its GDP.

What country has the biggest Defence budget?

United States
Countries with the highest military spending worldwide in 2020 (in billion U.S. dollars)

Characteristic Military spending in billion U.S. dollars
United States 778
China* 252
India 72.9
Russia 61.7
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