Arms Industry - World's Largest Defense Budgets

World's Largest Defense Budgets

This is a list of the ten countries with the highest defence budgets for the year 2011, which is $1.29 trillion or 74% of total world expenditures. The information is from the Stockholm International Peace Research Institute. Total world spending amounted to $1.74 trillion USD in 2011.

Rank Country Spending ($ b.) World Share (%) % of GDP, 2011
1 United States 711.0 41.0 4.7
2 Chinaa 143.0 8.2 2.0
3 Russiaa 71.9 4.1 3.9
4 United Kingdom 62.7 3.6 2.6
5 France 62.5 3.6 2.3
6 Japan 59.3 3.4 1.0
7 India 48.9 2.8 2.5
8 Saudi Arabiab 48.5 2.8 8.7
9 Germanya 46.7 2.7 1.3
10 Brazil 35.4 2.0 1.5
World Total 1735 74.3 2.5
^a SIPRI estimates
^b SIPRI: "The figures for Saudi Arabia include expenditure on public order and safety and might be slight overestimates"

Read more about this topic:  Arms Industry

Famous quotes containing the words world, largest, defense and/or budgets:

    Those of us who are in this world to educate—to care for—young children have a special calling: a calling that has very little to do with the collection of expensive possessions but has a lot to do with the worth inside of heads and hearts. In fact, that’s our domain: the heads and hearts of the next generation, the thoughts and feelings of the future.
    Fred M. Rogers, U.S. writer and host of Mr. Rogers Neighborhood. “That Which is Essential Is Invisible to the Eye,” Young Children (July 1994)

    Figure him there, with his scrofulous diseases, with his great greedy heart, and unspeakable chaos of thoughts; stalking mournful as a stranger in this Earth; eagerly devouring what spiritual thing he could come at: school-languages and other merely grammatical stuff, if there were nothing better! The largest soul that was in all England.
    Thomas Carlyle (1795–1881)

    There’s no telling what might have happened to our defense budget if Saddam Hussein hadn’t invaded Kuwait that August and set everyone gearing up for World War II½. Can we count on Saddam Hussein to come along every year and resolve our defense-policy debates? Given the history of the Middle East, it’s possible.
    —P.J. (Patrick Jake)

    Bourgeois society is infected by monomania: the monomania of accounting. For it, the only thing that has value is what can be counted in francs and centimes. It never hesitates to sacrifice human life to figures which look well on paper, such as national budgets or industrial balance sheets.
    Simone Weil (1909–1943)