From
Stockholm International Peace Research Institute:
Recent trends in military expenditure
World military expenditure is estimated to have been $1339 billion in 2007—a real-terms increase of 6 per cent over 2006 and of 45 per cent since 1998. This corresponded to 2.5 per cent of world gross domestic product (GDP) and $202 for each person in the world.
The USA’s military spending accounted for 45 per cent of the world total in 2007, followed by the UK, China, France and Japan, with 4–5 per cent each. Since 2001 US military expenditure has increased by 59 per cent in real terms, principally because of massive spending on military operations in Afghanistan and Iraq, but also because of increases in the ‘base’ defence budget. By 2007, US spending was higher than at any time since World War II. However, because of the growth of the US economy and of total US Government spending, the economic and financial burden of military spending (i.e. its share of GDP and of total US Government outlays) is lower now than during previous peak spending years in the post-World War II period.
China has increased its military spending threefold in real terms during the past decade. However, due to its rapid economic growth, the economic burden of military spending is still moderate, at 2.1 per cent of GDP.
Military spending is rising rapidly in the South Caucasus—Armenia, Azerbaijan and Georgia—largely due to the region’s three ‘frozen’ conflicts and the involvement of external actors. The rises have been made possible by economic upswings largely based on oil and gas revenues.
http://www.sipri.org/contents/milap/...ex_trends.html
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I wanted to show how militarized our world actually is, and find that it is not as bad as I expected. At least Canada is not in the forefront...yet!!
Clicking on this link will get you to much more info on all kinds of related and specific topics.
Stockholm International Peace Research Institute:
Recent trends in military expenditure
World military expenditure is estimated to have been $1339 billion in 2007—a real-terms increase of 6 per cent over 2006 and of 45 per cent since 1998. This corresponded to 2.5 per cent of world gross domestic product (GDP) and $202 for each person in the world.
The USA’s military spending accounted for 45 per cent of the world total in 2007, followed by the UK, China, France and Japan, with 4–5 per cent each. Since 2001 US military expenditure has increased by 59 per cent in real terms, principally because of massive spending on military operations in Afghanistan and Iraq, but also because of increases in the ‘base’ defence budget. By 2007, US spending was higher than at any time since World War II. However, because of the growth of the US economy and of total US Government spending, the economic and financial burden of military spending (i.e. its share of GDP and of total US Government outlays) is lower now than during previous peak spending years in the post-World War II period.
China has increased its military spending threefold in real terms during the past decade. However, due to its rapid economic growth, the economic burden of military spending is still moderate, at 2.1 per cent of GDP.
Military spending is rising rapidly in the South Caucasus—Armenia, Azerbaijan and Georgia—largely due to the region’s three ‘frozen’ conflicts and the involvement of external actors. The rises have been made possible by economic upswings largely based on oil and gas revenues.
http://www.sipri.org/contents/milap/...ex_trends.html
-------------------------------------------------------------
I wanted to show how militarized our world actually is, and find that it is not as bad as I expected. At least Canada is not in the forefront...yet!!
Clicking on this link will get you to much more info on all kinds of related and specific topics.