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Global military spending even higher in 2020 BUDGET The major decline in global GDP does not affect the costs of the armies, which continue to grow, touching $2 trillion Global military spending even higher in 2020 Global military spending even higher in 2020 Global military spending even higher in 2020 Di ats 26 aprile 2021 , 09:51 OnTheSpot The Global military expenditure continues to rise in 2020, in spite of the Covid-19 pandemic, touching $ 2 trillion, despite a major decrease in global GDP. This was revealed in a report by the Stockholm International Peace Research Institute (Sipri). Military spending worldwide last year amounted to about 1’823 billion francs, an increase of 2.6% year on year while the global GDP dropped by 4, 4%. And by 2019, the peak since the end of the Cold War had already been reached. ....
Chinese military spending has risen for 26 consecutive years Stockholm: Global military expenditure rose by 2.6% to $1.98 trillion last year even as some defence funds were reallocated to fight the COVID-19 pandemic, the Stockholm International Peace Research Institute said in a report issued on Monday (April 26). The five biggest spenders in 2020, which together accounted for 62% of military spending worldwide, were the United States, China, India, Russia and Britain in that order. We can say with some certainty that the pandemic did not have a significant impact on global military spending in 2020, SIPRI researcher Diego Lopes da Silva said in a statement. As global GDP declined because of the pandemic, military spending as a share of GDP reached a global average of 2.4% in 2020, up from 2.2% in 2019. ....
Monday, 26 Apr 2021 04:47 PM MYT Turkish military tanks drive past the town of Ariha on the M4 highway in Syria’s rebel-held north-western Idlib province May 7, 2020. AFP pic Subscribe to our Telegram channel for the latest updates on news you need to know. STOCKHOLM, April 26 Global military expenditure rose by 2.6 per cent to US$1.98 trillion (RM8.1 trillion) last year even as some defence funds were reallocated to fight the Covid-19 pandemic, the Stockholm International Peace Research Institute said in a report issued today. The five biggest spenders in 2020, which together accounted for 62 per cent of military spending worldwide, were the United States, China, India, Russia and Britain in that order. ....
Archyde April 26, 2021 by archyde In 2020, the Covid-19 pandemic brought the global economy to a halt, but countries continued to buy weapons: according to a report published on Monday April 26 by the Stockholm International Peace Research Institute (SIPRI) , global military spending in 2020 amounted to nearly $ 2 trillion, an increase of 2.6 percent from 2019. The world continues to arm itself, therefore, in a period of health crisis, and in particular the great world powers such as the United States, China, India, Russia and the United Kingdom. Together, these five countries, which are the main buyers of weapons in the world, account for 62% of military spending in 2020. France is a little behind, in eighth place in this ranking. ....