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The Warsaw Voice » Business » May 27, 2011
Business & Economy
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Global Defense Spending
May 27, 2011   
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According to an analysis of global defense expenditure 2002-2009 and prospects for the defense market until 2013, released by the Center for Analysis of World Arms Trade in Russia, the United States is the clear global leader in terms of spending on defense. In 2002-2009, the U.S. administration spent $4.06 trillion on weapons, almost 4 percent of the country’s GDP. In 2009 alone, its expenditures reached $547 billion. Runner-up China spent a mere one-seventh of the amount, $70.5 billion in 2009 (1.4 percent of the GDP). Britain came in third at $59.1 billion, followed by France ($54.4 billion), Japan (49.7 billion), Germany ($47.5 billion), Russia ($37.9 billion), Saudi Arabia ($32.6 billion), Italy ($30.5 billion) and India ($29.2 billion).

Over the whole period, China climbed from eighth to second place, while Russia advanced from 11th to seventh. Poland came in 24th. Polish defense expenditure in 2002-2009 totaled around $17.5 billion, or 1.8 percent of GDP a year on average.

The United States is also the top weapons exporter. In 2002-2009, global exports of weapons were worth $291.5 billion and, at $107 billion, the United States accounted for 35 percent of the market. The runner-up was Russia at 15 percent or $43.8 billion, and France came in third having exported weapons worth $30 billion. At $1.45 billion in eight years, Poland came in 17th.

The demand for weapons is rising and according to 2010-2013 forecasts, the United States has contracts for weapon exports worth $110.9 billion. The figure for Russia is $34.1 billion.
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