That means nearly 98 percent of Zimbabwe's economic activity is due to government funding. in 2019, it was assessed that North Korea spent between 22% and 24% of GDP (between US$3.7 billion and US$4.2bn in 2017 … Military expenditure - percentage of GDP in highest spending countries 2019. Korea, South: 42.500 45.100 2.6 ... North Macedonia: 30.293 28.536 −1.757 ... Development of government spending as percentage of GDP of different countries. Singapore spends about 5 percent of its GDP on the military. North Korea does not disclose any statistics on its economy. General government expenditure on education (current, capital, and transfers) is expressed as a percentage of total general government expenditure on all sectors (including health, education, social services, etc. South Korea’s military spending accounts for about 2.6 percent of its GDP. Military spending by GDP. This statistics shows military spending in selected countries as a percentage … Israel, Syria, Jordan and Lebanon all rank in the top 25 of military spending as a percentage of GDP. ). This first list is a list of countries by military expenditure share of GDP—more specifically, a list of the top 15 countries by percentage share in recent years—the amount spent by a nation on its military as a share of its GDP. Government Spending To GDP in the United States averaged 37.20 percent from 1970 until 2020, reaching an all time high of 44 percent in 2020 and a record low of 33.40 percent in 1973. North Korea spends whopping 22 per cent of GDP on military despite blackouts and starving population. North Korea's military expenditure is almost 34% of its GDP. Cuba's government spending as a percentage of GDP is 78.1 percent. In absolute terms, however, the North’s annual military spending during the period ranked only 47th at $3.6 billion, nearly one tenth of the average $34.8 billion South Korea spends on the military. Country 1850 1870 1880 1890 1900 1910 1920 1930 1940 1950 1960 1970 1980 1990 2000 Government Spending in the United States increased to 44 percent of the GDP in 2020 from 35.68 percent in 2019. source: U.S. Bureau of Economic Analysis. North Korea Education Spending -2021. In 2016, the last year for which estimates were available, North Korea spent an estimated $4 billion, or approximately 24% of it gross domestic product (GDP), on defense spending. The U.S. ranked No. Lebanon spends nearly 5 percent of its GDP on its military. Zimbabwe's government spending, as a percentage of the country's GDP, is 97.8 percent. North Korea's economy is almost completely based on the government's military spending. Military expenditures. The second list presents this as a share of the general government expenditure. North Korea’s gross domestic product (GDP) contracted by 4.1 per cent last year in real terms, the worst since 1997 and the second consecutive year of decline after a 3.5 per cent fall in 2017, the South’s Bank of Korea estimated.