Belgium - Government Budget Appropriations or Outlays for R&D in Defence
Since 2014, Belgium Government Budget Appropriations or Outlays for R&D in Defence was down by 4.1% year on year. In 2019, the country was number 14 among other countries in Government Budget Appropriations or Outlays for R&D in Defence with $2,771.21 Million PPP. Belgium is overtaken by Turkey, which was number 13 at $2,929.03 Million PPP and is followed by Israel with $2,261.65 Million PPP. United States ranked the highest with $75,118.21 Million PPP in 2019, that is an increase of 0.4% versus 2018. United States, South Korea and Russia respectively ranked number 2, 3 and 4 in this ranking. Greece witnessed the best average annual growth at +319.6% per year, while Iceland recorded the worst performance at -100% per year.
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| Date | Million US Dollars PPP |
|---|---|
| 2019 | 2,771.21 |
| 2018 | 3,775.97 |
| 2017 | 3.42 |
| 2016 | 3.08 |
| 2015 | 3.25 |
How does Belgium rank in Government Budget Appropriations or Outlays for R&D in Defence?
| # | 55 Countries | Million US Dollars PPP | Last | YoY | 5‑years CAGR | ||
|---|---|---|---|---|---|---|---|
| 1 |
#1
United States
|
75,118.21 | 2019 | +0.4 % | +1.5 % | View data | |
| 3 |
#3
South Korea
|
24,055.59 | 2019 | +6.1 % | +54.3 % | View data | |
| 13 |
#13
Turkey
|
2,929.03 | 2019 | -63.8 % | -13.6 % | View data | |
| 14 |
#14
Belgium
|
2,771.21 | 2019 | -26.6 % | -4.1 % | View data | |
| 15 |
#15
Israel
|
2,261.64 | 2019 | +1.6 % | +5.3 % | View data | |