Alliance Data
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ADS
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ALLIANCE DATA SYSTEMS CORPORATION
Bulgaria's Ranks Average in Military Expenditure within NATO
Bulgaria spends far more on defense as a share of its GDP compared to Germany, Italy, and Canada, NATO data shows.
A CNN Money report, which includes Alliance data about military expenditures, cites NATO statistics according to which Bulgaria, with spending at 1.20% of GDP, ranks 12th out of 28 member states.
It is still far behind the 2% target adopted in 2014.