Wednesday, June 15, 2022

The World's Nine Nuclear-Armed States Spent $82.4 Billion Collectively On Their Nuclear Arsenals

Photo: Reuters 

Newsweek: U.S. Nuclear Weapons Spending Compared to China and Russia 

Last year, the world's nine nuclear-armed states—the U.S., Russia, Britain, France, China, India, Pakistan, Israel and North Korea—spent $82.4 billion collectively on their nuclear arsenals, a new report by the International Campaign to Abolish Nuclear Weapons (ICAN) has revealed. 

That's an inflation-adjusted increase of approximately $6.5 billion from the previous year, where these countries had collectively spent $76 billion on their nuclear arsenal, according to ICAN. 

This increase in spending shows that despite a general ongoing trend of declining nuclear inventories, the nuclear-armed states have continued to invest in modernizing and improving their nuclear arsenals, as well as funding companies and think tanks writing about nuclear policies to support these huge spending budgets. 

The U.S. tops the ICAN's list of nuclear spending for 2021, with $44.2 billion spent on its nuclear weapons.  

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WNU Editor: The U.S. tops the ICAN's list of nuclear spending for 2021, with $44.2 billion spent on its nuclear weapons.

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