When US President Barack Obama defined Russia as a regional superpower and a global power a few years ago, Russian President Putin was reportedly upset. But Obama’s analysis is correct if we look at countries’ military spending.
When the statistics were recently released by SIPRI Stockholm International Peace Research Institute (SIPRI) For military spending in 2021, it is clear which countries can influence the world with military might. The United States alone accounts for 38 percent of the world’s total military spending. China is second with 14 percent.
Russia’s military spending is 3 percent
And then the confidence third is big for India. Russia ranks fifth with a 3 percent share. Great Britain is slightly larger. Both France and Germany almost outspend Russia.
No signal for restoration
Russia may have low costs, but at the same time there are reports of low productivity and corruption within the Russian armed forces.
Nor can we tell from the statistics that a Russian invasion of Ukraine was underway. In terms of money, it was the third year in a row of military spending. But the rise was only 2.9 percent. It does not mean restoration. Great Britain, for example, showed a 3 percent increase. However, in 2022, Russia’s military spending is expected to take a big step upwards.
Russia is a dwarf country
However, compared to America, Russia remains a dwarf. Russia’s military spending is only 8 percent of that of the United States. The numbers are the numbers, but this package should give the West backs to master Russia, at least militarily. ‘
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