Monday, April 29, 2019

Global Military Spending Rose In 2018

The show of force on 13 September, day three of the “active phase” of VOSTOK 2018 which included live-fire exercises, was more a carefully orchestrated military demonstration than a real military exercise. © News X

DW: Here’s how much global military spending rose in 2018

WASHINGTON — Overall military expenditures rose 2.6 percent between 2017 and 2018, to hit a total of $1.82 trillion dollars, according to new research from the Stockholm International Peace Research Institute.

The total from 2018 is 5.4 percent higher than 2009, and represents a 76 percent increase over 1998, a 20-year period.

Sixty percent of global military spending came from five countries: The United States ($649 billion), China ($250 billion), Saudi Arabia ($67.6 billion), India ($66.5 billion) and France ($63.8 billion). Russia ($61.4 billion) and the United Kingdom ($50 billion) were the other two countries to spend $50 billion or more on defense.

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WNU Editor: The report is here .... SIPRI Fact Sheet April 2019: Trends in world military expenditure, 2018 (Relief Web)

More News On Global Military Spending Rose In 2018

Military expenditures continues to increase across the globe -- Jerusalem Post
US, China, Saudis lead 2018 military spend -- News.com.au
Military spending around the world is booming -- The Economist
US military spending up for first time in 7 years: Sipri -- AFP
New technologies drive military spending: SIPRI -- DW

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