WW3 Projection In Numbers: US, China, Saudi Arabia, Russia Top Global Military Spending For 2015
Numbers don’t lie. If one is to believe in this old adage, it’s probably safe to say that a third World War due to the brewing tensions among nations is not impossible. Figures confirm that the military spending in the world has increased.Advertisement
Not only that. Records from the Stockholm International Peace Research Institute (SIPRI) show that for the first time since 2011, the world military expenditure has increased by 1 percent. On a global scale, it seemed insignificant, but if one dissects each country’s military expenses in 2015, leading nations implicated in the speculated World War 3 have also increased military expenditure in the past years.
Russia and China lead the pack in terms of the biggest budgetary augmentation for military forces in 2015, with an estimated increased pegged at 7.4 and 7.6, respectively. Saudi Arabia trailed behind on third spot, registering a 5.7 increase military expenditure in the same year.
But in terms of the amount spent for its military forces, the United States remained the biggest spending nation for military in 2015, when it spent a whopping $596 billion. Despite the fact that the U.S. cut its military expenses in the previous year, it’s still larger than the military expenditures from China, Russia, and Saudi Arabia combined.
China spent a total of $215 billion for its military, making it the second biggest spender next to the U.S. Saudi Arabia spent a total of $87.2 billion, while Russia spent $66.7 billion.
The report noted that there was a sharp increase in military spending in Asia and Oceania, Central and Eastern Europe, as well as some parts of the Middle East. It also observed a uniform trend in African nations, as well as in the Americas and the Caribbean, where states are cutting their military expenses.