Israel defense cost highest per capita

Government shelled out $16.2 billion on military needs last year, which is over $2,300 per person.

By JPOST.COM STAFF
June 9, 2009 12:23
merkava 88 248

merkava 88 248. (photo credit: Ariel Jerozolimski)

Israel was the top defense spender relative to its population in 2008, with the government shelling out more than $2,300 per person, over $300 more than the US, which boasts the second largest ratio, the Economist reported on Monday. According to the report, Israel's total defense expenditure was $16.2 billion for the year. The US is by far the largest overall defense spender, with expenses running to some $607 billion, 41.5 percent of the $1.46 trillion spent on defense needs worldwide in 2008. China emerged as a growing military spender, increasing its expenditure by 10% in 2008 to $85 billion to overtake other countries and become the second-largest global spender behind the US. Saudi Arabia and the oil rich states of the Gulf also increased their outlay, with the Saudis spending $38.2 billion, which is sixth in terms of population and ninth overall.


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