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Russia’s Military Budget Ranks Fourth Worldwide – Report

Russia no longer ranks among a tip 3 spenders on defense, dropping down to fourth place, a Stockholm International Peace Research Institute (SIPRI) reported Tuesday.

The United States remained a personality by far, accounting for 36 percent of all troops spending in a world, according to a SIPRI report. In 2015, Washington increasing a invulnerability output 2.4 percent to $596 billion.

China ranked second, carrying spent $215 billion on invulnerability final year, carrying increasing a troops bill by 7.4 percent, a news said.

The third position — formerly assigned by Russia — was hold by Saudi Arabia. Last year, their invulnerability bill totaled $87.2 billion, adult 5.7 percent from 2014.

Russia increasing a troops spending final year by 7.5 percent to $66.4 billion. The authors of a news remarkable that Russia’s invulnerability output was reduce than bill projections amid weakening oil prices.

Total troops spending in 2015 rose 1 percent to $1.7 trillion. Growth was purebred for a initial time given 2011, a news said.

Article source: http://www.themoscowtimes.com/article/564782.html