What is the debt-to-GDP ratio of the country of Ibrahim Bio?
11 percent
Title: Military budget of the United States
Passage: For FY 2010, Department of Defense spending amounts to 4.7% of GDP. Because the U.S. GDP has risen over time, the military budget can rise in absolute terms while shrinking as a percentage of the GDP. For example, the Department of Defense budget is slated to be $664 billion in 2010 (including the cost of operations in Iraq and Afghanistan previously funded through supplementary budget legislation), higher than at any other point in American history, but still 1.1 -- 1.4% lower as a percentage of GDP than the amount spent on military during the peak of Cold - War military spending in the late 1980s. Admiral Mike Mullen, former Chairman of the Joint Chiefs of Staff, has called four percent an ``absolute floor ''. This calculation does not take into account some other military - related non-DOD spending, such as Veterans Affairs, Homeland Security, and interest paid on debt incurred in past wars, which has increased even as a percentage of the national GDP.
Title: Nigeria
Passage: As of 2015[update], Nigeria is the world's 20th largest economy, worth more than $500 billion and $1 trillion in terms of nominal GDP and purchasing power parity respectively. It overtook South Africa to become Africa's largest economy in 2014. Also, the debt-to-GDP ratio is only 11 percent, which is 8 percent below the 2012 ratio. Nigeria is considered to be an emerging market by the World Bank; It has been identified as a regional power on the African continent, a middle power in international affairs, and has also been identified as an emerging global power. Nigeria is a member of the MINT group of countries, which are widely seen as the globe's next "BRIC-like" economies. It is also listed among the "Next Eleven" economies set to become among the biggest in the world. Nigeria is a founding member of the Commonwealth of Nations, the African Union, OPEC, and the United Nations amongst other international organisations.
Title: Ibrahim Bio
Passage: Alhaji Isa Ibrahim Bio (born April 1957) was appointed by President Umaru Yar'Adua as Nigeria's Minister of Transportation on 17 December 2008.
Nigeria Ibrahim Bio