Global military spending rises despite the pandemic
At about 1.9 trillion dollars was the increase from last year, which is equivalent to 2.6% more when compared to 2019
Despite the economic crises and the pandemic generated by Covid-19, world military spending has increased by 2.6 % compared to 2019, which is equivalent to about 1.9 trillion dollars, according to the figures offered by the Stockholm International Peace Research Institute (SIPRI).
Among the countries that have generated the most expenses are: the United States, China, India, Russia and the United Kingdom. Together they represent 62 % of world spending and among them the highest figure is led by China, which grew for the 26th consecutive year accumulating 252,000 million dollars in 2020.
However, other countries such as Chile and South Korea, reallocated part of the spending to the response to the pandemic, as indicated by SIPRI.
Others, such as Brazil and Russia (despite an increase of 2.5 %, in the case of the Eurasian country), spending has been less than the military budget initially set for 2020.
Diego Lopes da Silva, researcher for the SIPRI Arms and Military Expenditure Program, reported: “We can say with some certainty that the pandemic did not have a significant impact on world military spending in 2020.”
K. Villarroel
Source: actuality.rt
