• Sweden edition
 
Global weapons spending levels out: Swedish think tank

Global weapons spending levels out: Swedish think tank

Published: 18 Apr 2012 09:38 GMT+02:00
Updated: 18 Apr 2012 09:38 GMT+02:00

Global military spending levelled last year at $1.740 trillion due to the economic crisis, almost unchanged in real terms since 2010, the Stockholm International Peace Research Institute said Tuesday.

"The small rise of just 0.3 percent in 2011 (compared to 2010) marks the end of a run of continuous increases in military spending between 1998 and 2010, including an annual average increase of 4.5 percent between 2001 and 2009," according to figures released by the independent think tank.

"Six of the world's top military spenders - Brazil, France, Germany, India, the United Kingdom and the United States - made cuts in their military budgets in 2011, in most cases as part of attempts to reduce budget deficits.

"Meanwhile other states, notably China and Russia, increased their military spending markedly," the report said.

"The after-effects of the global economic crisis, especially deficit-reduction measures in the USA and Europe, have finally brought the decade-long rise in military spending to a halt - at least for now," commented Sam Perlo-Freeman, head of the SIPRI Military Expenditure Project.

Budgetary pressures in the United States and Europe led to austerity cuts.

"Military expenditure by the USA, the world's top military spender, fell by 1.2 percent in real terms (or $8.7 billion in 2010 prices).

"This is partly the result of the long delay by the US Congress in agreeing a budget for fiscal year 2011, as the Obama Administration clashed with Republicans over how to reduce the US budget deficit."

Western Europe's three top spenders - France, Germany and Britain - "have begun to reduce spending as part of austerity measures imposed to reduce budget deficits.

It said "France's military budget has fallen 4 percent since 2008, and while reductions over the same period in Germany (1.4 percent) and the UK (0.6 percent) have been more modest, both states plan further cuts in the coming years."

Far larger cuts have been made in Greece, Spain, Italy and Ireland "as a result of their sovereign debt crises, and most central European countries have also made severe cuts".

SIPRI said "Russia, in contrast, increased its military spending by 9.3 percent in 2011, reaching a total of $71.9 billion, which now makes the country the third largest military spender worldwide, overtaking the UK and France".

"Further increases in military spending are planned, notably in equipment, research and development (R&D) and support for the arms and military services industry over the period 2011-20, with plans to replace the majority of Russia's mostly Soviet-era military equipment with modern weaponry by 2020."

The Middle East is the only region where a clear increasing pattern was discernible for most countries, although the lack of data for key players such as Iran and the United Arab Emirates makes the regional total highly uncertain.

Military expenditure in Asia and Oceania rose by 2.4 percent, due mostly to a 6.7 percent ($8.2 billion) increase by China, said the report.

India's military budget fell by 3.9 percent, or $1.9 billion, in real terms, with high inflation cancelling out a nominal increase.

Established in 1966, SIPRI provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public.

AFP/The Local

twitter.com/thelocalsweden

Don't miss...X
Left Right

Your comments about this article

14:39 April 18, 2012 by gpafledthis
I need to go to sweedieland and rescue Charlie12 body which rests so uneasy Bury him "calm" in front of Pentagon !!
Today's headlines
Greens push rich tax to finance schools
Per Bolund of The Greens. File photo: TT

Greens push rich tax to finance schools

Sweden's third largest party The Greens revealed its shadow budget on Wednesday, targeting schools and youth employment. High earners would have to pitch in more. READ () »

Holiday status updates 'not a burglary risk'
Ibiza, you say? File photo: Jonas Ekströmer/TT

Holiday status updates 'not a burglary risk'

Mythbusting Swedish researchers have found no link between gushing about your upcoming holiday online and returning to an emptied house. They told The Local that a trip to Ikea could be much more dangerous. READ () »

Woman charged after accusing beggar of theft
The people in this picture are not those from the story. Photo: TT

Woman charged after accusing beggar of theft

A woman in Gothenburg who accused a beggar of robbing her has been charged with fraud and false accusations. READ () »

Swedish royals set baptism date for princess
Photo: Kungahuset

Swedish royals set baptism date for princess

Sweden's royal family has set the date for the baptism of Princess Leonore. READ () »

The Local List
Evidence Game of Thrones is set in Sweden

Evidence Game of Thrones is set in Sweden

With Swedish Game of Thrones fans frothing at the mouth at the season four premiere, The Local revisits its list of ten reasons why the hit books and show are (probably) based in Sweden. READ () »

'Baffling' Swedish raid on German sub makers
The Kockums Malmö shipyard and FMV headquarters. Files: TT

'Baffling' Swedish raid on German sub makers

After the Swedish military raided the Malmö premises of German defence giant Thyssen Krupp, a military expert tells The Local why recent Russian aggression means Sweden's Saab needs to take control of national submarine production. READ () »

Swedish kids crack adult content 'code' at school
A child, unrelated to the story, on her computer. File photo: TT

Swedish kids crack adult content 'code' at school

Swedish parents who busted their children looking at adult content online were shocked to find the kids saying 'they'd learned the code at school'. READ () »

Industry bellwether SKF recovers to turn profit
A file image of ballbearings. Photo: Shutterstock

Industry bellwether SKF recovers to turn profit

After a drab end to 2013, Swedish ballbearing makers SKF anew posted a profit in its first quarter review. It could spell good news for the manufacturing industry worldwide. READ () »

Swedish Hobbit actor jailed in cocaine case
Swedish actor Mikael Persbrandt. File photo: TT

Swedish Hobbit actor jailed in cocaine case

Swedish actor Mikael Persbrandt has appealed a five-month prison sentence, handed down on Tuesday after he was found guilty of buying cocaine. READ () »

Property of the Week
In Pictures: The Local's Property of the Week
The property in Skinskatteberg. Photo: Fastighetsbyrån

In Pictures: The Local's Property of the Week

The Swedish countryside is littered with small second homes, many up for a steal if you can see beyond dated wallpaper and imagine a country retreat with chanterelles and lingonberries growing in your backyard. READ () »

RECEIVE OUR NEWSLETTER AND ALERTS
Politics
Who's the prime minister's heir?
Alfie Atkins
Society
Are children's books the key to families integrating in Sweden?
National
'Sweden Dem protests cater to party's martyr image'
National
'Swedish research grants were fantastic, but now it's like Australia'
Society
Only in Sweden: The ten problems you'd never encounter elsewhere
National
Swedes stopped to take my picture, but didn't look me in the eyes
Business & Money
A swipe of the hand replaced cash and cards in Lund
YouTube
Features
Video: Oliver Gee finds out how to embrace The Swedish Hug
TT
National
Abba duo hints at reunion
Private
National
Flash mobs hug it out across Sweden
Finest.se
Gallery
People-watching April 11-13
TT
Politics
Swedes to give six-hour workday a go
Advertisement:
TT
Society
Aussie choir member wows Abba in Sweden
YouTube
Society
Stockholm magic a surprise YouTube hit
Fastighetsbyrån
Society
Gallery: The Local's Property of the Week
Private
Society
Swedes find 200-year-old gravestone in living room
Stockholm School of Economics
Sponsored Article
Why a bachelor's degree is no longer enough
Deepti Vashisht
Features
Deepti Vashisht dissects the magic of Sweden's personal ID number
Shutterstock
Society
Ten signs you've been in Sweden too long
Society
Jimi Fritze heard every word when doctors discussed taking his organs
Society
A Swedish farmer explains why the new bestiality ban is 'pointless'
Society
'Blondes have more brains': Swedish study
TT
Society
VIDEO: Leaked 'Save Slussen' film goes viral
finest.se
Gallery
People-watching, March 28-30
ESL
Sponsored Article
Learning Swedish the easy way
Latest news from The Local in Switzerland

More news from Switzerland at thelocal.ch

Latest news from The Local in Germany

More news from Germany at thelocal.de

Latest news from The Local in Spain

More news from Spain at thelocal.es

Latest news from The Local in France

More news from France at thelocal.fr

Latest news from The Local in Italy

More news from Italy at thelocal.it

Latest news from The Local in Norway

More news from Norway at thelocal.no

Blog Update: The Diplomatic Dispatch

28 October 15:16

The Green Growth Group Summit »

"Today on the 28 October in Brussels, a large group of key EU Ministers and business people, including UK Secretary of State for Energy and Climate Change Edward Davey, and Swedish Environment Minister Lena Ek, will meet to discuss green growth. They all have a stake in resolving a challenge which, although it is crucial..." READ »

723
jobs available
Swedish Down Town Consulting & Productions
Swedish Down Town Consulting & Productions is an innovative business company which provides valuable assistance with the Swedish Authorities, Swedish language practice and general communications. Call 073-100 47 81 or visit:
www.swedishdowntown.com