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The Top 15 Countries For Military Expenditure In 2016 [Infographic]
APR 24, 2017 @ 08:25 AM
Niall McCarthy
Global defense spending has increased for the first time since 2011, according to the latest report by the Stockholm International Peace Research Institute (SIPRI). In total, countries around the world splurged $1.686 trillion on arms in 2016, a 0.4 percent increase on 2015.
The United States remained at the top of the military spending league last year with $611 billion. That's 36 percent of the global total and over three times the amount spent by second-placed China. Russia upped its outlay 5.9 percent to $69.2 billion, third overall, according to the Swedish think tank.
Saudi Arabia was the world's third largest military spender in 2015 and this year the kingdom dropped to fourth position despite its considerable role in the conflict across its border in Yemen. Tensions with Russia have fueled military spending in Western Europe with overall spending growing 2.4 percent. Italy had the most notable increase in the region with its defense spending rising 11 percent to just under $28 billion.
https://www.forbes.com/sites/niallm...expenditure-in-2016-infographic/#3e969da743f3
APR 24, 2017 @ 08:25 AM
Niall McCarthy
Global defense spending has increased for the first time since 2011, according to the latest report by the Stockholm International Peace Research Institute (SIPRI). In total, countries around the world splurged $1.686 trillion on arms in 2016, a 0.4 percent increase on 2015.
The United States remained at the top of the military spending league last year with $611 billion. That's 36 percent of the global total and over three times the amount spent by second-placed China. Russia upped its outlay 5.9 percent to $69.2 billion, third overall, according to the Swedish think tank.
Saudi Arabia was the world's third largest military spender in 2015 and this year the kingdom dropped to fourth position despite its considerable role in the conflict across its border in Yemen. Tensions with Russia have fueled military spending in Western Europe with overall spending growing 2.4 percent. Italy had the most notable increase in the region with its defense spending rising 11 percent to just under $28 billion.
https://www.forbes.com/sites/niallm...expenditure-in-2016-infographic/#3e969da743f3
