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Global Military Spending Was $1.7 Trillion In 2017

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DW: SIPRI: Global military spending rose to $1.7 trillion in 2017

Global military spending in 2017 was at its highest level since the Cold War, according to a new report from the Stockholm International Peace Research Institute. DW spoke with Pieter Wezeman about the regional trends.

DW: In its report on military expenditure around the world in 2017, the Stockholm International Peace Research Institute (SIPRI) established that there had been a slight increase in spending. The report says that, around the world, $1.73 trillion (€1.45 trillion) was invested for military purposes. That's 1.1 percent more than in 2016. Is this a lot or a little?

Pieter Wezeman:If we take into account statistical imprecisions and the fact that the data is never absolutely reliable, we can say this is a minimal rise. It's also clear that on a global scale, military spending has stabilized at a high level. At a regional level, we see quite considerable differences.

In China, for example, expenditure rose by 5.6 percent, to a total of $228 billion.

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WNU Editor: SIPRI's report on global military spending is here .... Global military spending remains high at $1.7 trillion (SIPRI)

More News On SIPRI's Report That Global Military Spending Was $1.7 Trillion In 2017

Global spend on weapons and military increased to $1.7 trillion in 2017, arms watchdog says -- CNBC
Global military spending in 2017 up by 1.1% -- ABC News/AP
US, China and Saudi Arabia Biggest Military Spenders in 2017 - SIPRI -- Sputnik
Watchdog: Global military spending up by 1.1 percent -- Washington Post
US, China and Saudi Arabia top list of military spending -- Al Jazeera.
Russia cuts military spending for first time over past 19 years - report -- TASS
India and Japan increase military spending, 'driven by China tension' -- South China Morning Post
SIPRI Fact Sheet May 2018: Trends in world military expenditure, 2017 -- Relief Web
Which countries spend the most on their military? -- Euronews

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