Australia’s deputy prime minister said the nation will base defense spending on national interest, amid calls by President Donald Trump for US Indo-Pacific allies to increase military budgets.

Gross Domestic Product (GDP) includes consumer spending, government spending, net exports, and total investments. It functions as a comprehensive scorecard of a country’s economic health.

Norway plans to raise overall spending on defence and broader security to 5% of gross domestic product, its prime minister ...

Early victories in Iran could lead to unrealistic ambitions. Israel should keep its eyes on the prize: the end of Iran’s ...

The Statistics Authority reports that the tourism sector contributed about 8.9 percent to the country’s 2024 GDP.

He said the National Integrated Infrastructure Master Plan remains the administration’s guiding framework for increasing ...

Spanish Defence Minister Margarita Robles said on Friday her country is totally committed to NATO, a day after Madrid asked ...

Spain has rejected a NATO proposal to spend 5% of gross domestic product on defense needs that’s expected to be announced ...

Leaders in Madrid urged NATO Secretary-General Mark Rutte to exempt them from a proposed defense spending goal set at 5 ...

The comment comes as Trump prepares to meet NATO leaders at The Hague in the Netherlands next week for the annual NATO summit ...

While noting that India has overtaken several economies in the past decade when it comes to gross domestic product (GDP), a ...

South Korea's Defense Ministry said Friday that its defense spending as a share of gross domestic product is already "very ...