We can only publish the past 12 years, but SIPRI has data as far back as 1988 on their site. U.S. says Taiwan military budget boost insufficient for 'resilient defense' By David Brunnstrom WASHINGTON (Reuters) - A senior U.S. defence official said on Tuesday Taiwan's plan to boost defense spending by $1.4 billion was a step in the right direction, but insufficient to ensure resilient defense in the face of an increasing Chinese threat. PHOTO: REUTERS The U.S. has the second-largest military with 1.358 million members. At the same time that Taiwan’s government unveiled its largest ever defense budget, Beijing has spent more than 20 times that on bolstering the PLA. When one realm scales up the budget, some others will have to reduce the budget, so as to achieve a balance of payments. Taiwan's fiscal revenue is finite for a certain period of time, and it must meet the expenditures of various spheres including politics, economy, military, culture, education, science, and sports. Check out the chart below for more Taiwanese military budget data. U.S. says Taiwan military budget boost insufficient for 'resilient defense' Add a Comment. U.S. says Taiwan military budget boost insufficient for 'resilient defense' Back to video. Related Articles. US says Taiwan military budget boost insufficient for 'resilient defence' In August, the Taiwanese Cabinet proposed S$21.4 billion in military spending for coming year. Referring to the proposed defense budget, he added: "These increases, while a step in the right direction, however, are insufficient to ensure that Taiwan can leverage its geography, advanced technology, workforce and patriotic population to channel Taiwan's inherent advantages necessary for a resilient defense." The country’s $750 billion military expenditure is the third-most-expensive government program behind Social Security and Medicare. Our latest data shows that Taiwan spent $10,513,000,000 on their military in 2012 which amounted to 1.5% of the country's GDP that year. Following the United States is China, spending $237 billion and Saudi Arabia, spending $67.6 billion. China's official military budget alone is 16 times that of Taiwan's. A senior U.S. defence official said on Tuesday Taiwan's plan to boost defense spending by $1.4 billion was a step in the right direction, but insufficient to ensure resilient defense in the face of an increasing Chinese threat. Military Spending in Taiwan. Taiwan’s military doctrine states that as much of any fighting that occurs should take place as far from population centers as possible.
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