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Photo: Anatoly Serdiukov and Gérard Longuet.
In 2011, Russia overcame France in volume of military expenses for the first time since 1993. According to report of Stockholm International Peace Research Institute (SIPRI) published on Apr 17, in 2011 Russia's military expenses was $64.1 bln (at quotation of 2010) while France spent $58.2 bln.
Combat Capability [42%],
Role and Missions,
Structure of the Navy,
in-service ships, surface ships, submarines, chronology.
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Russia Excelled France at Defense Spendings, First in 18 Years
04/18/2012 |
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French defense budget in 1993 was $63.4 (also at quotation of 2010), and Russian – $56.9 bln. Considering inflation, in 2011 Russia spent $71.8 for military purposes, and France – $62.5 bln.
According to SIPRI, in 2011 Russian military spendings were raised by 9.3% comparing to 2010 (at quotation of 2011). France reduced defense expenditure by 1.4%. Military budgets of some other countries were also pruned in 2011; they are Great Britain (by 0.4%, down to $62.7 bln), Germany (by 3.5%, down to $46.7 bln), the US (by $1.2%, down to $711 bln), India (by 4.9%, down to $48.9 bln), and Brazil (by 8.2%, down to $35.4 bln).
China increased military spendings in 2011 by 6.7%. As of rates of 2011, China spent $143 bln for defense and took the second position in world rating after the US. Saudi Arabia also raised defense expenditures in 2011 by 2.2% (up to $48.5 bln). In 2011, Japan has not changed defense budget comparing to 2010 (adjusted for inflation) and was $59.3 bln.
Worldwide volume of military expenses in 2011 was $1.74 trillions at rates of 2010. As was stated in SIPRI report, in 2011 defense spending growth was only 0.3 per cent comparing to 2010 (unadjusted for inflation).
In March 2012, SIPRI published world rating of arms importers. India tops the list since 2007 with 10 percent of global arms import. The US is still the world's main arms exporter; Russia holds the second position.