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How much does Canada spend on military compared to us?

How much does Canada spend on military compared to us?

Military Spending by Country 2021

Country Spending (USD $) 2021 Population
Canada $22.50 Bn 38,067,903
Israel $20.00 Bn 8,789,774
Iran $19.60 Bn 85,028,759
Turkey $19.00 Bn 85,042,738

What is the military budget for Canada?

DND’s Main Estimates 2020-21 are $23.3 billion, comprised of various votes as well as statutory funding (mainly comprised of funding related to employee benefit plans totalling approximately $1.5 billion).

How much does the US military spend on defense?

The United States spent $725 billion on national defense during fiscal year (FY) 2020 according to the Office of Management and Budget, which amounts to 11 percent of federal spending.

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How much does the US spend on foreign defense?

2. The U.S. spent at least $282.6 billion on foreign aid between 2013-2018—almost $47 billion on foreign aid in FY2018 alone, the latest year available. 3. At least $14.6 billion in COVID-19 funding has gone into four foreign-related spending accounts, while billions of those dollars have yet to be allocated or spent.

How much of GDP does Canada spend on defense?

Military expenditure (\% of GDP) in Canada was reported at 1.4151 \% in 2020, according to the World Bank collection of development indicators, compiled from officially recognized sources.

How much does the US military spend per day?

More than $2 billion every day. More than $1 million every minute. This money fuels America’s endless wars. Untold billions wasted on weapons and waging war has not eradicated violent extremism.

How much of the US military budget goes to salaries?

Overall, the cost of military personnel pays and benefits (MILPERS), at $146 billion, accounts for 23 percent of DoD’s discretionary budget request for FY 2018.