17/04/2015 |

US military spending falls, increases in eastern Europe, Middle East, Africa and Asia says SIPRI

April 17, 2015 by IPB

(Stockholm, 13 April 2015) World military expenditure totalled $1.8 trillion in 2014, a fall of 0.4 per cent in real terms since 2013, according to figures released today by Stockholm International Peace Research Institute (SIPRI). The comprehensive annual update of the SIPRI Military Expenditure Database is accessible at www.sipri.org.