A comparison of military spending per selected country.
A comparison of military spending per selected country.  

Related "Issue of the Day" Entries

Reviewing the Military and Its Budget
Published Monday, January 26th, 2009

As his presidency gets on the way, one of the initiatives that President Obama wants to introduce is a call to rebuild the Military. Among the many ideas, the President wants to increase training in cultural understanding, languages, and human intelligence. Along these lines, he wants to increase the capacity of the military to train, equip, and advise our allies so they too can confront mutual threats. Plus, an expansion of our military—the Army by 65,000 soldiers and the Marine Corps by 27,000 Marines—and an effort to fully equip all levels of the military for the missions they face.  Over time there will be a review of all military programs and spending.

An increase in world prices for resources and fossil fuels has contributed to the rising defense expenditures for all countries. This can be attributed to not just buying resources but selling as well. Countries like Algeria, Azerbaijan, Russia and Saudi Arabia have increased spending based on fossil fuel revenues alone. China and India have seen a sustained increase in military spending fueled by growing economies. Yet, their spending pales in comparison with the United States which spends more on its military than any other country In fact, in 2008 the United States spent 48% of $1.47 Trillion spent worldwide. That amounts to $711 billion dollars spent on all defense programs including the war in Iraq and Afghanistan in 2008.

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Stockholm International Peace Research Institute -
The purpose of this Program is to monitor, describe and analyze trends and developments in military expenditure and arms production worldwide. For this purpose the Programme maintains two databases with global coverage: one on military expenditure and one on arms-producing companies.

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Defense Reform -
The underlying principles for Defense Reform are to focus the enterprise on a unifying vision, commit the leadership to change, focus on core competencies, streamline organizations for agility, invest in people, exploit information technology, and break down barriers between organizations.