LalTopi
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The UK Guardian has got a very useful sortable table of the latest military expenditure by country.
Military spending: how much does the military cost each country, listed | News | guardian.co.uk
The source data is from SIPRI - Stokholm International Peace Research Institute, so you may not agree with their methodology, but makes for some interesting reading. Some highlights are:
Military spending: how much does the military cost each country, listed | News | guardian.co.uk
The source data is from SIPRI - Stokholm International Peace Research Institute, so you may not agree with their methodology, but makes for some interesting reading. Some highlights are:
- The world's countries spent $1.7tn on their militaries last year
- the US is still number one, but with China and Russia catching up fast
- The US remains by far the biggest military spender, with a defence budget of $711bn last year, followed by China, which spent an estimated $143bn on its armed forces in 2011. China has increased its military spending by 170% in real terms since 2002,
- Russia spent nearly $72bn on arms last year, overtaking Britain ($62.7bn) and France ($62.5bn). Russia is planning further increases, with draft budgets showing a 53% rise in real terms up to 2014
- India has increased military spending by 66% since 2002. Currently at $48.8bn (??)
- Vietnam has increased military spending by 82% since 2003 (good for them)