2024-04-22 21:30:27
Global military spending has reached its highest level in history, according to the Stockholm International Peace Research Institute (SIPRI).
SIPRI stated in a new report, “Global military spending increased in 2023 by 6.8% compared to last year, the largest increase on an annual basis since 2009, and reached $2,443 billion, its highest level in history.”
According to the center, “The global military burden rose to 2.3% in 2023, and the rate of military spending as a proportion of government spending rose by 0.4 percentage points to 6.9% in 2023, and global military spending per capita was the highest since 1990, reaching 306 Dollars.”
The report attributed the rise in global military spending primarily to the ongoing conflict in Ukraine and escalating geopolitical tensions in Asia, Oceania, and the Middle East.
He noted that, “For the first time since 2009, military spending rose in all five geographic regions identified by SIPRI, with particularly large increases recorded in Europe, Asia, Oceania, and the Middle East.”
The report explained, “The ten largest spenders, namely the United States, China, Russia, India, Saudi Arabia, Britain, Germany, Ukraine, France, and Japan, have increased their spending significantly.”
According to the SIPRI report, “The share of the two largest countries in terms of military spending, the United States ($916 billion) and China ($296 billion), represents about half of the total global defense spending, and in 2023, the United States increased its military spending by 2.3%, And China by 6%.”
According to the center, “In 2023, spending by the 31 member states of NATO reached $1,341 billion, equivalent to 55 percent of the world’s military spending, and United States military spending represents 68 percent of NATO’s total military spending.”
As for Russia, according to the report, “military spending increased by 24% compared to 2022 (and 57% comparable to 2014) to an estimated $109 billion in 2023, constituting 16% of total government spending, while the military burden reached 5.9%.” .
According to the center, “Ukraine was the eighth largest spender in 2023, after spending rose by 51% (compared to last year and 1,270% since 2014) to reach $64.8 billion. This gave Ukraine a military burden of 37% and represents 58% of total government spending.” “.
The report noted that “Ukraine’s military spending in 2023 was equivalent to 59% of the volume of Russian military spending. However, Ukraine received at least $35 billion in military aid during the year, including $25.4 billion from the United States.” “This makes the total of this aid and Ukrainian military spending equivalent to about 91% of Russian spending.”
As for the Middle East, “estimated military spending in the Middle East rose by 9.0% to reach $200 billion in 2023, and this was the highest annual growth rate the region has witnessed in the past decade,” according to the report.
According to the report, “Israeli military spending, the second largest in the region after Saudi Arabia, grew by 24% to reach $27.5 billion in 2023, and Algerian military spending rose by 76% to reach $18.3 billion, and this was the highest level of spending recorded.” Algeria absolutely.”
While “Iran was the fourth largest military spender in the Middle East in 2023 with an amount of $10.3 billion, and according to the data, the share of military spending allocated to the Revolutionary Guard increased from 27% to 37% between 2019 and 2023,” and the Democratic Republic of the Congo showed the largest percentage increase in spending. The military will become world-class in 2023, as the country’s military spending increased by 105% within a year, according to the center’s report.
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2024-04-22 21:30:27