Global military spending reached $1.739 trillion in 2017, up 1.1% from 2016, according to a report released on Wednesday from the Stockholm International Peace Research Institute.
"Continuing high world military expenditure is a cause for serious concern," Ambassador Jan Eliasson, chair of the SIPRI governing board, said in the report. "It undermines the search for peaceful solutions to conflicts around the world."
China's military spending increased again in 2017, up 5.6% from 2016, SIPRI reported, as did India's, up 5.5% from 2016.
Russia's military spending decreased for the first time since 1998, down 20% from 2016, SIPRI reported.
"The increases in world military expenditure in recent years have been largely due to the substantial growth in spending by countries in Asia and Oceania and the Middle East, such as China, India and Saudi Arabia," Nan Tian, a SIPRI researcher, said in the report. "At the global level, the weight of military spending is clearly shifting away from the Euro–Atlantic region."
Although the US' budget remained unchanged, it "spent more on its military than the next seven highest-spending countries combined," SIPRI reported.
Here are the 15 countries that spent the most on their militaries in 2017:
Budget: $18.2 billion
Budget: $20.6 billion
A soldier patrols in front of the Colosseum in Rome, Italy, April 14, 2017.
(Reuters)
Budget: $29.2 billion
Budget: $29.3 billion
10. South Korea
(Cpl. Matthew J. Bragg/US Marine Corps)
Budget: $39.2 billion
Leopard 2 tanks are seen during a German army, the Bundeswehr, training and information day in Munster, Germany October 9, 2015.
(Reuters)
Budget: $44.3 billion
Members of Japan's Self-Defence Forces' infantry unit march during the annual SDF ceremony at Asaka Base, Japan.
(Reuters/Kim Kyung Hoon)
Budget: $45.4 billion
Prime
Minister Theresa May passes tanks as she visits 1st Battalion The
Mercian Regiment (Cheshire, Worcesters and Foresters, and Staffords) at
their barracks at Bulford Camp on September 29, 2016
(Reuters)
Budget: $47.2 billion
French soldier stands guard under the Eiffel Tower in Paris
(Thomson Reuters)
Budget: $57.8 billion
play
Indian soldiers march during the Republic Day parade in New Delhi.
(Reuters)
Budget: $63.9 billion
play
4. Russia
(Sergei Karpukhin/Reuters)
Budget: $66.3 billion
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Saudi
soldiers wait to greet Saudi Prince Khaled bin Sultan bin Abdul-Aziz,
Assistant Minister for Defence and Aviation, during his visit to the
Khoba frontline border with Yemen, January 27, 2010.
(Reuters)
Budget: $69.4 billion
play
People's
Liberation Army (PLA) soldiers shout as they practise with knives
during a training session on snow-covered ground at a military base in
Heihe, Heilongjiang province March 18, 2015.
(REUTERS/China Daily)
Budget: $228 billion
A US Marine fires an M777-A2 Howitzer in Syria, June 1, 2017.
(Marine Corps photo by Sgt. Matthew Callahan)
Budget: $610 billion
THANKS FOR READING.
"Continuing high world military expenditure is a cause for serious concern," Ambassador Jan Eliasson, chair of the SIPRI governing board, said in the report. "It undermines the search for peaceful solutions to conflicts around the world."
China's military spending increased again in 2017, up 5.6% from 2016, SIPRI reported, as did India's, up 5.5% from 2016.
Russia's military spending decreased for the first time since 1998, down 20% from 2016, SIPRI reported.
"The increases in world military expenditure in recent years have been largely due to the substantial growth in spending by countries in Asia and Oceania and the Middle East, such as China, India and Saudi Arabia," Nan Tian, a SIPRI researcher, said in the report. "At the global level, the weight of military spending is clearly shifting away from the Euro–Atlantic region."
Although the US' budget remained unchanged, it "spent more on its military than the next seven highest-spending countries combined," SIPRI reported.
Here are the 15 countries that spent the most on their militaries in 2017:
15. Turkey
 |
14. Canada
13. Australia
Budget: $27.5 billion12. Italy
A soldier patrols in front of the Colosseum in Rome, Italy, April 14, 2017.(Reuters)
11. Brazil
10. South Korea
10. South Korea(Cpl. Matthew J. Bragg/US Marine Corps)
9. Germany
Leopard 2 tanks are seen during a German army, the Bundeswehr, training and information day in Munster, Germany October 9, 2015.(Reuters)
8. Japan
Members of Japan's Self-Defence Forces' infantry unit march during the annual SDF ceremony at Asaka Base, Japan.(Reuters/Kim Kyung Hoon)
7. United Kingdom
Prime
Minister Theresa May passes tanks as she visits 1st Battalion The
Mercian Regiment (Cheshire, Worcesters and Foresters, and Staffords) at
their barracks at Bulford Camp on September 29, 2016(Reuters)
6. France
French soldier stands guard under the Eiffel Tower in Paris(Thomson Reuters)
5. India
play
Indian soldiers march during the Republic Day parade in New Delhi.(Reuters)
4. Russia
play
4. Russia(Sergei Karpukhin/Reuters)
3. Saudi Arabia
play
Saudi
soldiers wait to greet Saudi Prince Khaled bin Sultan bin Abdul-Aziz,
Assistant Minister for Defence and Aviation, during his visit to the
Khoba frontline border with Yemen, January 27, 2010.(Reuters)
2. China
play
People's
Liberation Army (PLA) soldiers shout as they practise with knives
during a training session on snow-covered ground at a military base in
Heihe, Heilongjiang province March 18, 2015.(REUTERS/China Daily)
1. United States
A US Marine fires an M777-A2 Howitzer in Syria, June 1, 2017.(Marine Corps photo by Sgt. Matthew Callahan)
THANKS FOR READING.
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