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Recent trends in military expenditure
World military expenditure in 2006 is estimated at $1204 billion in current prices. This represents an increase of 3.5 per cent in real terms since 2005 and of 37 per cent over the 10-year period since 1997. Average spending per capita has increased from $173 in 2005 to $177 in 2006 at constant (2005) prices and exchange rates and to $184 at current prices.
World military expenditure is extremely unevenly distributed. In 2006 the 15 countries with the highest spending accounted for 83 per cent of the total. The USA is responsible for 46 per cent of the world total, distantly followed by the UK, France, Japan and China with 4-5 per cent each.
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