Military budget of Turkey

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Military budget of Turkey, Turkey’s Military Budget is at 100.4 billion Turkish liras, or $44.3 billion, former Turkish Defense Minister İsmet Yılmaz said 8 November 2014. He was responding to a question from an opposition party leader, the Nationalist Movement Party’s Ankara deputy Özcan Yeniçeri, who asked how much Turkey had spent on its defense budget since 2002. Yılmaz said Turkey spent about 1.71 percent of its Gross Domestic Product, or the GDP on defense in 2014. Turkey used to spend 3.5 percent of its GDP on defense in 2002.

According to the minister, Turkey’s military expenditure per capita in 2013 was 474 Turkish liras or $213. He also said Turkey’s defense exports stood at $1.4 billion in 2014, while its imports amounted to $1.3 billion. The 2014 defense budget accounted for 3.7 percent of the overall state budget. About half of the country’s defense budget went to personnel spending such as salaries, benefits and pension payments to retired Turkish Army personnel.

Comparison with other countries[edit]

Absolute expenditures in USD
Country/Region Official budget (latest) SIPRI (2012)[1] IHS Inc. (2013)[2] IISS (2013)[3]
United States $816 billion[4] $682.5 billion $582.4 billion $600.4 billion
United Kingdom $45.9 billion[5] $60.8 billion $58.9 billion $57 billion
Japan $47 billion[6] $59.3 billion $56.8 billion $51 billion
People's Republic of China (PRC) $131 billion[7] $166.1 billion $139.2 billion $112.2 billion
Russian Federation $84 billion[8] $90.7 billion $68.9 billion $68.2 billion

References[edit]

  1. ^ "SIPRI Military Expenditure Database". Stockholm International Peace Research Institute. Archived from the original on 8 February 2014. Retrieved 2 March 2014.
  2. ^ "Global Defence Budgets Overall to Rise for First Time in Five Years - Four of the five fastest growing defence markets in 2013 were in the Middle East; Russia grabs third place from Japan and the UK". IHS inc. Retrieved 2 March 2014.
  3. ^ Marcus, Johnathan. "Military spending: Balance tipping towards China". BBC. Retrieved 2 March 2014.
  4. ^ "Department of Defense Releases the President's Fiscal Year 2024 Defense Budget". U.S. Department of Defense. Retrieved 2023-04-26.
  5. ^ Kirk-Wade, Esme (2023-04-20). "UK Defence Expenditure" (PDF). House of Commons. Retrieved 2023-04-26.
  6. ^ "Plan for Defense Programs and Budget of Japan Ministry of Defense Overview of FY2014 Budget" (PDF). Japanese Ministry of Defense. Archived from the original (PDF) on 2 March 2014. Retrieved 2 March 2014.
  7. ^ Branigan, Tania. "China targets 7.5% growth and declares war on pollution". Guardian. Retrieved 5 March 2014.
  8. ^ "Russia Reportedly Raises $13 Billion for 2023 Defense Spending". voanews.com. 19 November 2022.