[OC] Around 30% of countries spend more than 2% of GDP on their militarySubmitted by IndeterminateYogurt t3_zzp93v in dataisbeautiful
IkeRoberts t1_j2dmqg2 wrote
Reply to comment by s3maph0re in [OC] Around 30% of countries spend more than 2% of GDP on their military by IndeterminateYogurt
How much is that target driven by the desire of the US defense industry to sell more stuff?
That industry has a lot of influence on policy, and a policy that increases sales and profit is great for business.
mkosmo t1_j2dzjwe wrote
There’s plenty of defense industry globally. Most sovereign states prefer local defense goods.
IkeRoberts t1_j2e4dyn wrote
Qatar, Saudi and Greece are the outliers on the chart. They don't have domestic defense industries. Greece is NATO.
mkosmo t1_j2e54ne wrote
They’ve been rebuilding: https://newlinesinstitute.org/greece/the-recent-turnaround-of-the-greek-defense-industry/
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