The Stockholm International Peace Research Institute (SIPRI) has released its report on global military expenditures for 2021.
In the report, it was stated that global military expenditures increased by 0.7 percent in real terms compared to the previous year and reached 2 trillion 113 billion dollars in 2021. It was noteworthy that the said expenditures exceeded 2 trillion dollars for the first time.
In the report, it was noted that global military spending has increased for 7 consecutive years after a short fall in 2011-2014 and reached record levels for the last 2 years.
Turkey's military spending increased by 63 percent in 2012-2021
In the report, which pointed out that Turkey's military expenditures increased by 63 percent in 2012-2020, it was stated that this growth in Turkey's military expenditures was the effect of the country's efforts to become self-sufficient in weapons production.
In the report, it was reported that Turkey's military expenditures in 2021 decreased by 4.4 percent compared to the previous year and amounted to 15.5 billion dollars.
62% of military spending belongs to 5 countries
In the SIPRI report, it was stated that 62 percent of global military spending last year was made by the USA, China, India, Russia and the UK.
In the report, it was stated that the US expenditures decreased by 1.4 percent in 2021 compared to the previous year and amounted to 801 billion dollars. In the report, it was emphasized that the USA increased its military R&D expenditures by 24 percent in 2012-2021, indicating that "the country is more focused on new generation technologies".
In the report, it was reported that China's expenditures increased by 72 percent in 2012-2021, and military expenditures increased by 4.7 percent last year to $293 billion. It is noteworthy that China's military spending has increased for 27 consecutive years.
In the report, which stated that India's expenditures increased by 0.9 percent last year to $ 76.6 billion, it was noted that India's military expenditures increased by 33 percent in 2012-2021.
In the report, which is reported to be among the countries with the highest military expenditures globally, with the United Kingdom and Russia with a spending of $65.9 billion, in addition to China and India, the military expenditures of Russia, which ranks 5th, is the last. It was stated that it increased by 2.9 percent in the previous year and 11 percent in 2012-2020.
It was recorded that Saudi Arabia, whose military expenditures decreased by 17 percent last year to 55.6 billion dollars, fell 4 places and ranked 8th in the world.
Ukraine's military spending has increased by 72 percent since the annexation of Crimea by Russia in 2014, the report said.
Since its establishment in 1966, SIPRI has been preparing research, reports and analyzes in areas such as conflict, armament, arms control and disarmament.
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