Monday, April 27 2020 13:24
Marianna Mkrtchyan

Armenia entered the top ten countries whose defense burden exceeds 4%  of GDP

Armenia entered the top ten countries whose defense burden exceeds 4%  of GDP

ArmInfo. Armenia entered the top ten countries whose defense spending exceeds 4% of GDP. This is stated in the report of the Stockholm International Peace Research  Institute (SIPRI) on world military spending in 2019.  Thus, the  report notes that, starting in 2010, in general, the world has seen a  decrease in the military burden of states.  SIPRI analysts note that  the global military burden has declined over the past 9 years, with  the exception in 2015 and 2019. 

Moreover, according to the report, the military burden in the  countries of the Americas last year averaged 1.4% of GDP, for African  countries - 1.6%, in Asia, Oceania, and Europe, this figure was 1.7%  and the highest average of 4.5% is in the Middle East.  "Of the 149  countries about which SIPRI has data on the military burden for 2019,  10 states allocate 4.0% or more of their GDP for military spending,  13 countries have a military burden of 3.0-3.9% of GDP, 24 -  2.0-2.9%, 65 countries - 1.0-1.9%, and 34 less than 1.0%. At the same  time, the three countries have no military spending and,  consequently, no burden, these countries are-Costa Rica, Iceland and  Panama.  6 out of 10 countries with a military burden of 4.0% or more  are in the Middle East - this is Oman, which spent 8.8% of its GDP on  the defense industry (the highest level in the world), followed by  Saudi Arabia (8.0 %), Kuwait (5.6%), Israel (5.3%), Jordan (4.7%) and  Lebanon (4.2%). Algeria (6.0%), Armenia (4.9%), Azerbaijan (4.0%) and  Pakistan (4.0%) also entered the top ten, "the report says. 

To note, according to the presented report, the total military  spending of the countries of the world in 2019 increased by 3.6%  compared to the previous year and exceeded $ 1.9 trillion. According  to the study, world military spending in 2019 reached perhaps the  highest level in history, an increase of 7.2% compared to 2010.

The top 5 countries in military spending in 2019 included: the US - $  732 billion, an increase of 5.3% in 2019 compared with the previous  year; China - $ 261 billion, an increase of 5.1%; India - $ 71.1  billion, an increase of 6.8%; Russia - $ 65.1 billion, an increase of  4.5%; Saudi Arabia - $ 61.9 billion, an increase of 16%.  These five   countries account for 62% of global military spending. The leaders  in military spending growth are Germany, whose spending rose 10% to $  49.3 billion. This was the largest spending increase among the 15  countries with the highest military spending in the world in 2019,  the study said.

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