The Defence Budget
The Defence Budget
The Defence Budget for 2000/2001 in £23.03Bn, represents 2.5% UK GDP. This compares with 5.3% UK GDP in 1984 which would be £47Bn today.
Budget allocations for other Government Departments include Health 4.8%, Social Security 10.5% and Education 2.0%. Spending by other nations on defence (% GDP in 99) include France 2.8%, Germany 1.5%, USA 3.2% and Greece 4.9%.
The Royal Navy receives £1.899Bn - 8.28% of the Defence Budget. In comparison, the Army receives £5.657Bn and the RAF £2.641Bn (24.56% and 11.47% of the Defence Budget respectively).
The remainder of the Defence Budget is allocated to Research, Logistics and the Ministry of Defence.