Originally posted by sty
an interesting link here : Rank Order - GDP (purchasing power parity) below
so, the GDP of Russia is 7 times smaller than the one of EU or US , regardless of the large reserves of energy etc.
A more accurate measure would be to use nominal GDP. In that instance, the US equals 27.5% of the worlds GDP, Russia, 2.5% of world GDP.
and here is the list with the Military expenditures - percent of GDP
according to my calculations, US spends almost 7x times more money on Military than Russia. I guess this says something about the capacity of EU and
US to adapt their industry if necessary..
Having not looked at your sources, I can tell you that the US actually accounts for 48% of all the worlds military expenditures. Additionally, the US
spends 20% more then the entire EU combined
 .
[edit on 17-8-2008 by West Coast]
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