This report summarizes the main statistics on global military spending, production and international transfers of conventional arms. The data in this report mainly comes from the databases of the Stockholm International Peace Research Institute (SIPRI), supplemented by socioeconomic statistics from Eurostat, the World Bank, the UN agencies specialized press. A section fed by data of the Small Arms Survey (Geneva) is devoted to the particular issue of small arms and light weapons.
In 2014, global military spending amounted to $1 776 billion, which represents 2.3% of the global GDP and about $245 per capita. With a decline of 0.4% compared to 2013, global military expenditure registered its 3rd consecutive decline since 2012. The United States alone accounts for 34% of this total.
In 2014, major transfers of conventional arms increased by 10.5% compared to 2013, in a market where the trend remains upward on the long term. The United States was the largest exporter of arms in 2014, with 30.4% of the global market. Although it is difficult to assess the financial value of arms trade, we can estimate that it represents about 0.3% of world trade in goods and services.
The transfers of small arms and light weapons, their spare parts, accessories and ammunition – estimated at $8.5 billion annually – are a particular issue for security and stability in many parts of the world. Belgium is a major player in this trade; it is among the top ten exporters of small arms and light weapons, and ranks second worldwide in the ranking of exporters of small arms and light military weapons.
The turnover in the production of armament by 100 main manufacturers in the world is estimated at $385.7 billion in 2014. This represents a decline of 2.54% compared to 2013. However, the market capitalization of listed arms companies still shows that they are outpacing companies in other sectors. This may indicate that financial markets expect a rise in military orders and expenditure. This assumption us reinforced by the recent statements of several company directors in the sector who wanted to reassure their shareholders and investors about the “benefits” promised by the wars in the Middle East.
|Dépenses militaires, production et transferts d’armes. Compendium 2015||1.5 Mo|