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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Iraq ranks 30th in the world in military spending

    Rocky
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    Iraq ranks 30th in the world in military spending Empty Iraq ranks 30th in the world in military spending

    Post by Rocky Thu 06 Jul 2023, 4:18 am

    Iraq ranks 30th in the world in military spending
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    Baghdad today - follow-up
    Iraq ranked 30th in the world in the list of military spending as a percentage of its economy, according to the ( Visual Capitalist ) website, which focuses on topics including markets, technology, energy and the global economy.
    A report prepared by Visual Capitalist identified three categories of military spending as a percentage of GDP, using the five-year average (2018-2022) for each country.
    According to the report, military spending will be high if it is above 5% of the countries' gross domestic product, medium if it is between 2 to 5%, and low if it is less than 2%.
    According to the table, 5 Arab countries out of 7 countries ranked first with the highest military spending compared to their GDP, indicating that Ukraine came at the top of these countries, as its military spending amounted to 9.46% of the GDP, followed by Saudi Arabia with 8.19%, followed by Oman with 8.11%, followed by Qatar with 5.88%, followed by Algeria with 5.70%, then Kuwait with 5.66%, and then Israel with 5.09%.
    According to the table, Jordan came at the top of the middle category and ranked 8th in the world with its military spending of 4.81% of its GDP. Its gross domestic product, and Morocco ranked 15th in the world, spending 3.72% of its GDP, and Iraq ranked 30th in the world, spending 2.69% of its GDP.  
    He pointed out that Croatia came at the top of the countries in the low category and ranked 51 globally, with an agreement of 1.97% of its GDP.
    Gross domestic product is measured by the economic performance card, as it is the total value of all final goods and services produced by any country as a comprehensive tool for measuring the production of this country.
    It is calculated as follows: Gross Domestic Product = Consumer Expenditure + Government Expenditure + Total Investment + Net Exports.
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    • Post n°2

    Iraq ranks 30th in the world in military spending Empty Iraq ranks 30th globally in military spending

    Post by Rocky Thu 06 Jul 2023, 4:40 am

    Iraq ranks 30th globally in military spending

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    Economy News _ Baghdad
    Iraq ranked 30th in the world in the list of military spending as a percentage of its economy, according to the (Visual Capitalist) website, which focuses on topics including markets, technology, energy and the global economy.
    A report prepared by the site, followed by Al-Iqtisad News, identified three categories of military spending as a percentage of GDP, using the five-year average (2018-2022) for each country.
    According to the report, military spending will be high if it is above 5% of the countries' gross domestic product, medium if it is between 2 to 5%, and low if it is less than 2%.
    According to the table, 5 Arab countries out of 7 countries ranked first with the highest military spending compared to their GDP, indicating that Ukraine came at the top of these countries, as its military spending amounted to 9.46% of the GDP, followed by Saudi Arabia with 8.19%, followed by Oman with 8.11%, followed by Qatar with 5.88%, followed by Algeria with 5.70%, then Kuwait with 5.66%, and then Israel with 5.09%.
    According to the table, Jordan came at the top of the middle category and ranked 8th in the world with its military spending of 4.81% of its GDP. Its gross domestic product, and Morocco ranked 15th in the world, spending 3.72% of its GDP, and Iraq ranked 30th in the world, spending 2.69% of its GDP.  
    He pointed out that Croatia came at the top of the countries in the low category and ranked 51 globally, with an agreement of 1.97% of its GDP.
    Gross domestic product is measured by the economic performance card, as it is the total value of all final goods and services produced by any country as a comprehensive tool for measuring the production of this country.
    It is calculated as follows: Gross Domestic Product = Consumer Expenditure + Government Expenditure + Total Investment + Net Exports.


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