Stockholm International Peace Research Institute
Stockholm International Peace Research Institute (SIPRI) is an international institute based in Sweden, dedicated to research into conflict, armaments, arms control and disarmament. Established in 1966, SIPRI provides data, analysis and recommendations, based on open sources, to policymakers, researchers, media and the interested public. SIPRI is based in Stockholm.
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- The COVID-19 crisis has made clearer than ever the flaws in our system, one that prioritizes military spending and global instability over the well-being of our people... Indeed, global priorities are wrong; it is time for a new era of peace, a global ceasefire as called for by the U.N. and people around the globe. Let us demilitarize the world and invest in global peace and diplomacy.
- Quoted in US Drove Last Year’s Over $1.9 Trillion in Global Military Spending, by Jessica Corbett, Consortium News, (April 27, 2020)
- A new analysis on Monday showing that the world’s military spending surpassed $1.9 trillion last year, once again led by the United States under President Donald Trump, provoked demands that governments across the globe prioritize peace and the health of people as the coronavirus pandemic continues to ravage the planet. The latest annual report from the Stockholm International Peace Research Institute (SIPRI) found that the top military spenders after the U.S. were China, India, Russia, and Saudi Arabia. Total spending in 2019 was 3.6 percent higher than in the previous year and accounted for 2.2 percent of global gross domestic product (GDP). “Global military expenditure was 7.2 percent higher in 2019 than it was in 2010, showing a trend that military spending growth has accelerated in recent years,” SIPRI researcher Nan Tian said in a statement. “This is the highest level of spending since the 2008 global financial crisis and probably represents a peak in expenditure.”
Although, as the SIPRI statement pointed out, “the increase in U.S. spending in 2019 alone was equivalent to the entirety of Germany’s military expenditure for that year,” the European country’s spending still rose by 10% last year to $49.3 billion, which was the largest increase among the top 15 ranked countries.