Middle East Economic Survey

VOL. LII

No 11

16-Mar-2009

REGIONAL

MENA Defense Spending Remained At High Levels In 2007, IISS Report Shows

Defense spending in the MENA region remained at high levels in 2007, at 5% of regional gross domestic product (GDP), slipping slightly from 5.3% in 2006, according to the London-based International Institute for Strategic Studies (IISS) Military Balance 2009 annual report. While MENAs defense spending has, in fact, fallen steadily from 6.5% of GDP in 2001, it...