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Indonesia Has the Second Highest Military Budget in Southeast Asia

19/12/2016 18:34 WIB

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Southeast Asian Nations' Defence Budgets in 2015

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Southeast Asian Nations' Defence Budgets in 2015

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Singapore has the highest defense budget in Southeast Asia. A study by the Stockholm International Peace Research Institute (SIPRI) shows that the Lion City allocated US$9.4 billion to military spending in 2015. Indonesia ranked second with the largest budget at US$7.6 billion.

Meanwhile, in terms of budget allocation compared to its gross domestic product (GDP), Indonesia's military spending was less than one percent. Myanmar had the largest proportion of its GDP allocated to military spending in Southeast Asia, at over four percent. Singapore allocated approximately three percent of its GDP to upgrading its major weapons systems.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."

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Indonesia Has the Second Highest Military Budget in Southeast Asia

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Indonesia Has the Second Highest Military Budget in Southeast Asia

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