Global Military Spending Grew Only By 0.3% In 2011

Global Military Spending Flattens As U.S. Cuts Back, Russia Adds -- L.A. Times

The United States and much of Western Europe trimmed their military spending because of budget constraints, according to new data from by a Stockholm-based think tank.

The slight drop in the United States, the biggest military spender worldwide, helped break a 13-year trend of surging spending on armies around the world, the Stockholm International Peace Research Institute said in a new report. Global military spending was basically flat in 2011, growing only 0.3%.

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More News On Global Military Spending

World Military Spending Levels Out After 13 Years of Increases -- Defpro
Russia overtakes UK and France in global arms spending league table -- The Guardian
Austerity ends 13-year rise in global military spending -- Reuters
Russia, China boost arms spending, says think tank -- NDTV/AP
Financial Crisis No Impact On Military Spending In Russia And China -- Radio Free Europe
Russia military spend overtakes UK -- Defence Management
Military spending: EU dwarf shrinks as US gets bigger -- EUObserver
Russia 3rd Largest Military Spender Worldwide – Analysts -- RIA Novosti
Swedish think tank: Russia and China boost arms spending while US, Europe hold back -- Newser
Think tank: Russia, China boost arms spending -- Bloomberg Businessweek

WNU Editor: The SIPRI military expenditure data for 2011 can be read here.