Jordi Calvo Rufanges - Intervention in Peace and Security cluster of AEPF Ghent 2018
Centre Delàs - International Peace Bureau
Military spending in the world
We have reached a new maximum on military budgets in the world. SIPRI estimates that global military spending was 1,739 billion dollars in 2017. Year after year the main five military budgets are from USA, China, Saudi Arabia Russia, India, followed mainly by Western Europe (UK, Germany, France). Japan and South Korea close to the top ten list. We also have to pay attention to military spending of other NATO countries such as Turkey, Italy, Spain, and Canada, which make possible that NATO members are responsible for more than half of military spending in the world. EU becomes the second largest military spender in the world, just after USA. By regions, military spending increases in Eastern Europe, Central and South Asia and East Asia.