Middle East Economic Survey


No 10  


MEES Agenda

MENA Defense Spending Declines As Percentage Of GDP, Says IISS

MENA regional defense spending as a percentage of GDP fell in 2008 for the fifth consecutive year, down to 4.71% from 2007’s figure of 5.06%, according to the Military Balance 2010 compiled by the UK’s International Institute for Strategic Studies (IISS). Despite falling, the figure is considerably higher than other regions such as...