Global Arms Spending Up 6 Percent, Says Stockholm Report
June 03 2010
Military expenditures worldwide jumped nearly 6 percent over the last year, according to a Stockholm International Peace Research Institute (SIPRI) report cited by Deutsche Welle.
Total military spending in 2009 reached about US$1.5 trillion, an increase of 5.9 percent over the previous year.
Increased government spending aimed at combating the economic recession may have been behind some of the growth, SIPRI researchers said.
The U.S. increased spending by US$47 billion,...
Please log in to continue reading.
Not yet a subscriber? Take a free trial.
Military Periscope gives you easy-to-use, integrated, open-source intelligence on…
- More than 7,500 weapons systems and platforms
- Nearly every country's armed forces
- Militant organizations
Try Military Periscope free for seven days
Your online source for military news, weapons, and nation's armed forces worldwide
Military Periscope FEDLINK information
Service ID: UC
Contract Number: LCFDL24D0002
Military Periscope is a product of GovExec.
600 New Hampshire Ave., Suite 510,
Washington DC, 20037, USA.
customerservice@militaryperiscope.com
©Military Periscope 2025
All rights reserved. Redistribution of the content is prohibited without prior consent of Military Periscope.