British Military Spending before World War I
 

In Real Terms

As Percent of GNP

 1880

25.1

1.7

 1890

34.2

2.0

1904

73.3

3.1

 1911

62.9

2.3

Note: spending figures in millions of pounds sterling, 1900 prices.
Annual rate of increase of real military spending, 1880-1911: 3%
Annual raate of increase of GNP in same period: 1.8%

 

French Military Spending Before World War I
 

 In Real Terms

As Percent of GNP

 1881

715

2.5

1891

946

1.8

1904

1053

2.4

1911

1534

3.3

Note: spending figures in millions of francs, 1905-1911 prices
Annual rate of increase of military spending, 1881-1911: 2.6%
Annual rate of increase of GNP in same period: 1.7%

 

German Military Spending Before World War I
 

 In Real Terms

 As Percent of GNP

 1880

418

 1.9

 1890

479

1.5

1904

790

1.6

1913

973

1.6

Note: spending figures in millions of marks, 1913 prices
Annual rate of increase of military spending, 1880-1913: 2.6%
Annual rate of increase of GNP, same period: 3.0%

Table 7: Military Spending Before World War I
Source: B.R. Mitchell, European Historical Statistics, and sources cited there.

One should note that in 1976, according to U.S. government figures, the United States spent 5.1% of its GNP on defense, the USSR spent 12.8%, and Israel spent 29.7%.
Source: U.S. Arms Control and Disarmament Agency, World Military Expenditures and Arms Transfers, 1986