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Over USD 1000m of global military expenditure in 2004

Stockholm, Sweden - USD 162 for every inhabitant of the world

A study made by the Stockholm International Peace Research Institute has revealed that world nations paid out more than USD 1000m for military equipments in the past year, whose half has been allocated practically by the United States. Exactly, military spending achieved the amount of USD 1035 trillion -equal to EUR 841bn-, while military spending for 2003 was USD 956bn. Large part of these allocations...

AVIONEWS - World Aeronautical Press Agency - 121892
Rome, Italy, 06/09/2005 18:12
AVIONEWS - World Aeronautical Press Agency

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