Ratio of military expenditure to gross domestic product (GDP) in Bulgaria 2022

In 2022, the ratio of military expenditure to gross domestic product (GDP) in Bulgaria remained nearly unchanged at around 1.51 percent. Still, 2022 marked the third consecutive decline of the ratio.
Military expenditure refers to the total amount of money spent on a country's armed forces, including peacekeeping and defense operations. This figure is then given as a share of its gross domestic product (not total government expenditure). When comparing international figures there may be some discrepancies depending on what countries consider military spending.

Find more key insights for the ratio of military expenditure to gross domestic product (GDP) in countries like North Macedonia and Albania.