Tag: military expenditure

• Monday, April 24th 2023 - 17:05 UTC

  Worldwide military expenditure increased 3,7% in 2022, SIPRI report

  

  The Stockholm International Peace Research Institute (SIPRI), a leading global security think tank, reported that countries around the world are spending record amounts of money in defense budgets. Some of the reasons for this new trend, inflation, the war in Ukraine, US efforts to outpace China.

• Monday, September 19th 2022 - 09:28 UTC

  US, China, India, UK, Russia, the largest military spenders in 2021, SIPRI report

  

  World military spending continued to grow in 2021, reaching an all-time high of US$ 2.1 trillion. This was the seventh consecutive year that spending increased, according to the latest data on military spending published by the Stockholm International Peace Research Institute (SIPRI).

• Thursday, May 19th 2011 - 07:24 UTC

  Unasur defence council working on methodology to compare military expenditure

  

  The Union of South American Nations, Unasur, defence ministers sponsored in Peru a declaration confirming the region as a “peace zone” and agreed to continue advancing in developing a “common methodology” to compare defence expenditure among member countries.

• Monday, April 11th 2011 - 06:29 UTC

  South America military expenditure up 2010, but insignificant in global terms

  

  The region with the largest increase in military expenditure in 2010 was South America, with a 5.8% increase in real terms, reaching a total of 63.3 billion US dollars according to the latest report from the Stockholm International Peace Research Institute, SIPRI.