In 2009, 1,531 billion dollars (1,244 billion euros) were spent worldwide in the military sector, a 5.9 percent rise from 2008 and whilst deficits ballooned in many countries, the world spent almost 50% more on arms and military operations than they did in 2000. British-based BAE Systems was the world's largest arms group in 2008. There were 17 major armed conflicts in 2009, one more than in 2008.
Money Spent:-
- USA $661bn
- China $100bn (Sipri estimate)
- France $64bn
- UK $58bn
- Russia $53bn
- Japan $52bn
- Germany $46bn
- Saudi Arabia $41bn
- India $36bn
- Italy $36b
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