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total budget of the EU on Military: $226.73 billion total nominal GDP: $16.97 trillion total budget of the US on Military: $3.97 trillion total nominal GDP:

by fao_ 10y ago

total budget of the EU on Military: $226.73 billion total nominal GDP: $16.97 trillion total budget of the US on Military: $3.97 trillion total nominal GDP: $18.56 trillion

dogma1138 10y ago
Let the US pullout of NATO and see how the EU long the EU will remain with 226 bln. Most NATO members defense budgets and contribution are below NATO requirements. And again this has nothing to do with spending, France, Germany, the UK, Spain, Italy, Sweden and the Netherlands combined export more arms than the US while having approximately the same population. Overall the EU as a whole exports more arms per capita than the US, you might not like buying guns but you sure love selling them.
- privateprofile 10y ago
  According to [1], the volume of arms exports in 2015 (at least) was lower for the countries you mentioned (a sum of USD 7755M for France + Germany + UK + Spain + Italy + Sweden + Netherlands) when compared to USD 10484M in the US. Another perspective would be to check the nationality of the largest weapons manufacturers, 6 US companies in the Top 10, according to https://en.wikipedia.org/wiki/Companies_by_arms_sales https://en.wikipedia.org/wiki/Companies_by_arms_sales [1] https://en.wikipedia.org/wiki/Arms_industry#World.27s_largest_arms_exporters https://en.wikipedia.org/wiki/Arms_industry#World.27s_larges...
randcraw 10y ago
Source? Annual US military budget for 2016: 521.7 billion $ https://en.wikipedia.org/wiki/Military_budget_of_the_United_States https://en.wikipedia.org/wiki/Military_budget_of_the_United_... Annual EU military budget for 2015: 203.143 billion Euros http://www.iss.europa.eu/uploads/media/Brief_10_Defence_spending.pdf http://www.iss.europa.eu/uploads/media/Brief_10_Defence_spen...
- fao_ 10y ago
  https://en.wikipedia.org/wiki/Military_of_the_European_Union https://en.wikipedia.org/wiki/Military_of_the_European_Union > Expenditures > Budget $226.73 billion (2016)

by fao_ 10y ago

total budget of the EU on Military: $226.73 billion total nominal GDP: $16.97 trillion total budget of the US on Military: $3.97 trillion total nominal GDP: $18.56 trillion

dogma1138 10y ago

Let the US pullout of NATO and see how the EU long the EU will remain with 226 bln. Most NATO members defense budgets and contribution are below NATO requirements. And again this has nothing to do with spending, France, Germany, the UK, Spain, Italy, Sweden and the Netherlands combined export more arms than the US while having approximately the same population. Overall the EU as a whole exports more arms per capita than the US, you might not like buying guns but you sure love selling them.

privateprofile 10y ago
According to [1], the volume of arms exports in 2015 (at least) was lower for the countries you mentioned (a sum of USD 7755M for France + Germany + UK + Spain + Italy + Sweden + Netherlands) when compared to USD 10484M in the US. Another perspective would be to check the nationality of the largest weapons manufacturers, 6 US companies in the Top 10, according to https://en.wikipedia.org/wiki/Companies_by_arms_sales https://en.wikipedia.org/wiki/Companies_by_arms_sales [1] https://en.wikipedia.org/wiki/Arms_industry#World.27s_largest_arms_exporters https://en.wikipedia.org/wiki/Arms_industry#World.27s_larges...

randcraw 10y ago

Source? Annual US military budget for 2016: 521.7 billion $ https://en.wikipedia.org/wiki/Military_budget_of_the_United_States https://en.wikipedia.org/wiki/Military_budget_of_the_United_... Annual EU military budget for 2015: 203.143 billion Euros http://www.iss.europa.eu/uploads/media/Brief_10_Defence_spending.pdf http://www.iss.europa.eu/uploads/media/Brief_10_Defence_spen...

fao_ 10y ago
https://en.wikipedia.org/wiki/Military_of_the_European_Union https://en.wikipedia.org/wiki/Military_of_the_European_Union > Expenditures > Budget $226.73 billion (2016)