April 5, 2016, 06:14 | economy | military expenditure
The rise in global military expenditure recorded for the first time since 2011. This is according to the report of the Stockholm International Peace Research Institute (SIPRI).
It is noted that in 2015, world military expenditures reached nearly $ 1.7 trillion, increasing by 1%. The increase was mainly due to the Asian and Oceania countries, Eastern and Central Europe and the Middle East, says RBC.
The leader in these expenses are still the United States, despite the fact that Washington has reduced its military spending by 2.4% to $ 596 billion (36% of global spending). In second place – China, whose spending rose by 7.4% to $ 215 billion (13% of total expenditure). On the third line settled Saudi Arabia, its costs have grown by 5.7% to $ 87.2 billion (5.2% of all global military spending). At this point it is replaced Russia, which now occupies the fourth place, having increased in 2015 military spending by 7.5% to $ 66.4 billion (4% of global spending).
It is noted that Russian military expenditures in 2015 were actually lower than originally planned in the budget. This was due to the fall in oil prices and economic sanctions, SIPRI experts believe.
Western European countries reduced their military spending by 1.3% in 2015. This is the lowest annual decline, which showed countries in the region since 2010. In coming years, the UK, France and Germany will slightly increase military spending because of fears about Russia and threats by the “Islamic State” (a terrorist organization banned in Russia), according to the report.
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