Tuesday, May 3, 2011

This is the fourth Asian Countries with the Biggest Military Spending

Bisnis.Pahdizul.Com,-United States (U.S.) has been famous as the world arms market and estimated producer would sell up to U.S. $ 50 billion this year. Although known to the world arms business in 2011 will not be as good as the previous year.

A number of armed forces in various countries last year spent up to U.S. $ 1.63 trillion, or edged up 1.3 percent over the previous year. Spending these funds, including for the purchase of weapons, for soldiers, as well as funds to maintain military equipment and infrastructure already owned.

Based on data from the Stockholm International Peace Research Institute, as quoted from page 247wallst.com VIVAnews.com, Saturday, April 16, 2011, mentioned that many countries which until now has not been surrendered to reduce their defense budgets. In fact, military spending in African countries and South America have increased to 6 percent.

Among the 10 countries in the world who spend big budgets for 10 years, carrying four countries from the Asia-entry in the list. Meanwhile, the European region recorded five countries have the largest military budget that is Italian, German, Russian, French, and English.

The first position in the list of 10 countries that allocate the largest fund during 2010 held by the United States who are spending up to U.S. $ 698 billion. The increase in military budget increased by 81.3 percent compared to the position in 2001.

Here are four Asian countries billions of dollars budgeted for 2010 for military activities:

4. India

Military spending 2010: U.S. $ 41.3 billion.
Change 2001-2010: 54.3 percent.
As a percentage of gross domestic product (GDP): 2.7 percent.

India occupies the fifth position of the nine countries in Asia or the world as a country that allocates substantial funds for military activities. India's military spending last year amounted to U.S. $ 1 billion is lower than the previous year. However, this decrease is not expected to last long because in February, the government of India to increase its military spending by 11.6 percent. This was done as more military strength in China and Pakistan.

3. Arab Saudi

Military spending 2010: U.S. $ 45.2 billion.
Change 2001-2010: 63 percent.
Percentage of GDP: 10.4 percent.

The high military spending of Saudi Arabia can not be separated from economic power is so great. Budget of U.S. $ 45.2 billion last year was 10.4 percent of total gross domestic product (GDP) this Gulf country. This percentage is the largest compared to countries with the biggest budget in the list of these 10 countries. Saudi Arabia is also a country that experienced the largest increase in military spending over the previous year by 4 percent.

2. Jepang


Military spending 2010: U.S. $ 54.5 billion.
Change 2001-2010: minus 1.7 percent.
Percentage of GDP: 1 percent.

Japan so far has been to maintain its military budget is only 1 percent of GDP since 1967. As a result, the savings of Japan's military budget has made ​​the country's economy is getting stronger. At the time many East Asian countries to increase capital spending more than 55 percent during the last 10 years, Japan's budget has decreased 1.7 percent.

1. China

Military spending 2010: U.S. $ 119 billion (estimated).
Change 2001-2010: 189 percent.
Percentage of GDP: 2.1 percent (estimated).

China is the second country in the world who spend most of the funds for military spending during 2010. Bamboo Curtain countries are also experiencing the fastest growth among other countries. From 2001 to 2010, noted China's military budget growth that shot up to 189 percent. Growth was more than doubled among 10 countries included in this list.

Economic downturn in 2009 led to China's rising budget increased by only 3.8 percent. However, the budget in 2011 is estimated to rise 12.7 percent.
Many analysts believe China's defense budget is actually higher than the report that had been circulating in the community.

COURTESY OF bisnis.pahdizul.com

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