1945

Conventional weapons

High levels of military expenditure and arms transfers continued in 2017 amid an ongoing deterioration of the international security environment. World military expenditures stood at about $1.74 trillion in 2017,2 continuing the upward trend that began in 2004. This trend appeared likely to continue, with States further increasing their military budgets amid heightened tension in some regions and signs of growing mistrust among certain major military powers.

Related Subject(s): Disarmament ; Peacekeeping and Security
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