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World Military Spending Levels Out After 13 Years of Increases
SIPRI: Military Expenditure Rises by 0.3% in 2011, Totalling $1.74 Trillion. World military expenditure in 2011 totalled $1.74 trillion, almost unchanged since 2010 in real terms*, according to figures released today by Stockholm International Peace Research Institute (SIPRI). The small rise of just 0.3 per cent in 2011 marks the end of a run of continuous increases in military spending between 1998 and 2010, including an annual average increase of 4.5 per cent between 2001 and 2009.
Six of the worlds top military spendersBrazil, France, Germany, India, the United Kingdom and the United Statesmade cuts in their military budgets in 2011, in most cases as part of attempts to reduce budget deficits. Meanwhile other states, notably China and Russia, increased their military spending markedly.
SIPRI: Military Expenditure Rises by 0.3% in 2011, Totalling $1.74 Trillion. World military expenditure in 2011 totalled $1.74 trillion, almost unchanged since 2010 in real terms*, according to figures released today by Stockholm International Peace Research Institute (SIPRI). The small rise of just 0.3 per cent in 2011 marks the end of a run of continuous increases in military spending between 1998 and 2010, including an annual average increase of 4.5 per cent between 2001 and 2009.
Six of the worlds top military spendersBrazil, France, Germany, India, the United Kingdom and the United Statesmade cuts in their military budgets in 2011, in most cases as part of attempts to reduce budget deficits. Meanwhile other states, notably China and Russia, increased their military spending markedly.
