Exact(9)
Although Europe has a larger GDP than America, and more soldiers, its global military punch is puny.
How much further it rises depends crucially on how fast the economy grows: higher growth leads to narrower deficits and a larger GDP to support the debt.
Why? because we'd have a larger GDP, so tax revenues would be higher.
With just 650 million people, ASEAN has a larger GDP than India and attracts more foreign direct investment than China.
The U.S. accounts for three-quarters of NATO outlays even though Europe has a larger GDP than America.
Europe has a much larger GDP and population than Russia and even with its current anemic level of military outlays devotes more to defense.
Similar(51)
Germany and France also have tended to spend a smaller proportion of their GDPs than Britain on defense (though the absolute amounts have been similar, since they have larger GDPs than Britain).
The two exceptions (Indonesia and Iraq) had larger GDPs, but interpolation of which into the plot still predicted a study output compatible with zero (see 95% CIs).
Initially, the country with the world's fourth largest GDP struggled with the recession like everyone else.
This means that countries with the largest GDP are estimated to bear the highest cost of illiteracy.
Greece suffered from the largest GDP contraction in its peacetime history, the highest-ever levels of unemployment and skyrocketing poverty levels.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com