Search results
Results from the WOW.Com Content Network
Figures for the tables below are provided by the Stockholm International Peace Research Institute (SIPRI) database. They are presented in millions of United States dollars in current prices, converted at the exchange rate for the given year. [1] If there is no data for a particular year, a cell is left blank.
Stockholm International Peace Research Institute (SIPRI) is an international institute based in Stockholm. It was founded in 1966 [1] and provides data, analysis and recommendations for armed conflict, military expenditure and arms trade as well as disarmament and arms control. The research is based on open sources and is directed to decision ...
The following lists are of countries by military spending as a share of GDP—more specifically, a list of the 15 countries with the highest share in recent years. The first list uses the Stockholm International Peace Research Institute as a source, while the second list gets its data from the International Institute for Strategic Studies.
The UAE, for which recent data is not available, has also spent historically large amounts of money on the military on a per capita basis. The UAE had a per capita spending of $2470 per person back in 2014, making it the second highest spender in that year just after Saudi Arabia, [ 1 ] but by 2020 that number had fallen to $2204.
Getty Images For the first time since 1998, global military spending is down. This coincides with a major decline in U.S. spending, which fell by more than $40 billion between 2011 and 2012.
As of 2024, the official military budget was announced to be 1.67 trillion yuan, the second largest in the world behind the US. [1] According to the Stockholm International Peace Research Institute, SIPRI, China was the fourth largest arms exporter in 2019–23 when it accounted for 5.8 per cent of total global arms exports. Its arms exports ...
The share of total expenditure, the average defence spending was 2.5 % in 2021 in the EU and 2.4% in the euro area. As a share of GDP the average was 1.3% in the EU and in the euro area. [1] Total defence expenditure of the European Defence Agency (EDA) Member States was €279 billion in 2023, which was 1.6% of the 27 EDA Member States’ GDP. [2]
A U.S. defense spending bill advanced by the House of Representatives this week contains a measure that would bar the use of Chinese-made lidar sensors in U.S. military systems. The measure ...