Multiple choice

Which of the following statements is/are correct according to data released by the Stockholm International Peace Research Institute (SIPRI) in 2010? I. World military expenditure was \$1531 billion in 2009 II. World military expenditure in 2009 was 2.7 per cent of world gross domestic product III. Per capita world military expenditure in 2009 was \$224

  1. I only

  2. I and II only

  3. I and III only

  4. II and III only

  5. I, II and III

Reveal answer Fill a bubble to check yourself
E Correct answer
Explanation

The United States was the world's biggest arms supplier while China and India were the biggest importers of conventional weapons, according to data released by the Stockholm International Peace Research Institute (SIPRI) on March 15, 2010. The US remains the biggest arms supplier, accounting for 30 per cent of weapons exports. The main recipients of American weapons were South Korea, the United Arab Emirates and Israel.

World military expenditure is estimated to have been \$1531 billion in 2009, a real-terms increase of 6 per cent over 2008. This corresponded to 2.7 per cent of world gross domestic product (GDP) and \$224 for each person in the world. The USA's military spending accounted for 43 per cent of the world total in 2009, followed by China with 6.6 per cent, France with 4.2 per cent and the UK with 3.8 per cent.