Brazil’s Defense Ranks Among Biggest Spenders on Officers’ Salaries and Pensions

Among its neighbors, Brazil ranked 6th in defence spending as a percentage of GDP, ahead of Argentina, Bolivia, Paraguay and Peru. but behind Colombia and Ecuador, countries fighting guerrilla movements.

RIO DE JANEIRO, BRAZIL - When compared to the countries that make up the North Atlantic Treaty Organization (NATO), Brazil ranks among the three nations that proportionally spend the most on salaries and pensions for military personnel, according to a study by the Independent Fiscal Institution (IFI). The study released on Thursday, September 3rd by the institute - which is linked to the Senate - shows that Brazil is only behind Greece and Croatia, according to 2018 data. These expenses accounted for 74.3 percent of all spending by the Ministry of Defense last year, and two years ago it was 76.7 . . .

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