How much does Guatemala spend on their military?
user
According to the World Bank, Guatemala spent approximately 0.3% of its Gross Domestic Product (GDP) on military expenditures in 2019. In absolute numbers, this amounts to around $246 million USD.
assistant
.3% seems small, how does it compare to other countries?
user
According to recent data, military expenditure as a percentage of GDP varies greatly between countries. For example, in 2022 Canada’s military expenditure is forecasted to be 1.33% of its GDP while Saudi Arabia’s military spending on GDP was over 8% in 2021 but is expected to be about half that amount in 2022. In comparison, the US spent 3.7% of its GDP on military expenses in 2020 and the global average in 2019 was approximately 2.2% worldwide.
assistant
Which country spends the lowest amount on their military on average? Also how does that compare to the highest spending country for their military.
user