Russia has risen to third place.
Russia has increased its military spending in 2016 to 69.2 billion dollars, shifting from third place Saudi Arabia in the rating.
This information from the Stockholm international Institute for peace studies (SIPRI) published in its press release.
“Russia increased its spending by 5.9% in 2016 to 69.2 billion dollars. and was in third place in the rating of countries with the highest military spending, ” – said in a press release.
Reported that Saudi Arabia, which previously held the third place, has reduced its costs in 2016 by 30% to 63.7 billion.
According to the rating, while the US remains the country with the highest annual costs for service in the world. In 2015 they increased by 1.7% and amounted to 611 billion.
Second place was taken by China, whose spending grew by 5.4% and amounted to 215 billion dollars.
On the fifth place in the ranking of countries with the highest military expenditure in 2016 – India with the index of 55.9 billion.
In General, as they say, the world’s military expenditures grew starting in 2015, and in 2016 amounted to 1686 billion. This increase was observed for the first time since 2011, when spending reached its peak in 1699 billion. Trends of growth or decline of military expenditures varies significantly between regions.
So, spending has continued to grow in Asia and Oceania, North Africa, Central and Eastern Europe. And in Central America, the Caribbean, the middle East, South America and in Africa South of the Sahara, the costs were reduced.
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