PANAGYURISHTE, (BM) – 2020 was the year in which the world collided head-on with hundreds of films about a global pandemic or global virus infection. COVID-19 was not the apocalyptic virus that starred in some sinister movies, but it showed the world that the government and the people are utterly helpless against natural phenomena.
The epidemic situation around the world has closed countries and people in their homes. Like any industry, the military expected to collapse gradually, but this did not happen. A report released a few days ago by the Stockholm International Peace Research Institute shows that global military spending has increased by 2.6%. On average, each country has spent 2.4% on the defense of gross domestic product.
This report provoked us to make the ranking of the top 10 defense budgets for 2021. This ranking forms by the money that countries have prepared to spend in 2021. The formula also includes costs for the delivery, maintenance, salaries, and pensions. Let’s start.
10. Australia – $ 42.7 billion
Photo credit: Downer Defence systems
Australia has projected to spend nearly $ 42.7 million in 2021. The country’s external debt is $ 1.7 trillion. The country’s population is 25.5 million, 80,000 are total military personnel (0.3%). Of these, 60,000 are active military personnel, and 20,000 are military reserves. The annual strength factor is 0.3378 (the one that is closer in value to 0.0000 is considered perfect)
9. France – $ 47.7 billion
Photo credit: Wikipedia
France has projected to spend nearly $ 47.7 million in 2021. The country’s foreign debt is $ 5.4 trillion. The country’s population is almost 68 million people, of which 450,000 are total military personnel (0.7%). Of these, 270,000 are active military personnel, and 35,000 are military reserves. The annual strength factor is 0.1681 (the one that is closer to 0.0000 is considered perfect)
8. South Korea – $ 48 billion
Photo credit: AFP
South Korea has projected to spend nearly $ 48,000,000,000 in 2021. The country’s foreign debt is $ 385 billion. The country’s population is almost 52 million people, of which 6,710,000 are total military personnel (12.9%). Of these, 600,000 are active military personnel, and 3,100,000 are military reserves. The annual force factor is 0.1612 (the one that is closer to 0.0000 is considered perfect)
7. Saudi Arabia – $ 48.5 billion
Photo credit: Lurssen
Saudi Arabia has projected to spend nearly $ 48.5 million in 2021. The country’s foreign debt is $ 205 billion. The country’s population is almost 34 million people, of which 505,000 are total military personnel (1.5%). Of these, 480,000 are active military personnel, and 0 are military reserves. The annual strength factor is 0.3231 (the one that is closer to 0.0000 is considered perfect)
6. Japan – $ 51.7 billion
Photo credit: Twitter
Japan has projected to spend nearly $ 51.7 billion in 2021. The country’s foreign debt is $ 3.240 trillion. The country’s population is almost 126 million people, of which 319,000 are total military personnel (0.3%). Of these, 250,000 are active military personnel, and 55,000 are military reserves. The annual strength factor is 0.1599 (the one that is closer to 0.0000 is considered perfect)
5. UK – $ 56.04 billion
Photo credit: GDLS UK
The UK has projected to spend nearly $ 56,042,000,000 in 2021. The country’s foreign debt is $ 8.126 trillion. The country’s population is almost 66 million people, of which 275,000 are total military personnel (0.4%). Of these, 195,000 are active military personnel, and 80,000 are military reserves. The annual strength factor is 0.1997 (the one that is closer to 0.0000 is considered perfect)
4. Germany – $ 57.4 billion
Photo credit: DW
Germany has projected to spend nearly $ 57.430 million in 2021. The country’s foreign debt is $ 5.326 trillion. The country’s population is almost 80 million people, of which 215,000 are total military personnel (0.3%). Of these, 185,000 are active military personnel, and 30,000 are military reserves. The annual force factor is 0.2519 (the one that is closer to 0.0000 is considered perfect)
3. India – $ 73.6 billion
Photo credit: Twitter
India has projected to spend nearly $ 73,650,000,000 in 2021. The country’s foreign debt is $ 501 billion. The country’s population is almost 1.3 billion people, of which 5,127,000 are total military personnel (0.4%). Of these, 1,445,000 are active military personnel, and 1,155,000 are military reserves. The annual strength factor is 0.1207 (the one that is closer to 0.0000 is considered perfect)
2. China – 178.2 billion dollars
Photo credit: FlugRevue
China has projected to spend nearly $ 178,200,000 in 2021. The country’s foreign debt is $ 1.6 trillion. The country’s population is almost 1.4 billion people, of which 3,355,000 are total servicemen (0.2%). Of these, 2,185,000 are active military personnel, and 510,000 are military reserves. The annual strength factor is 0.0854 (the one that is closer to 0.0000 is considered perfect)
1. USA – $ 740.5 billion
Photo credit: Lockheed Martin
The United States has projected to spend nearly $ 740,500,000,000 in 2021. The country’s foreign debt is $ 17.9 trillion. The country’s population is almost 333 million people, of which 2,245,500 are total servicemen (0.7%). Of these, 1,400,000 are active military personnel, and 845,500 are military reserves. The annual strength factor is 0.0718 (the one that is closer to 0.0000 is considered perfect)
***
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Top 10 of defense budgets for 2021 in the world
PANAGYURISHTE, (BM) – 2020 was the year in which the world collided head-on with hundreds of films about a global pandemic or global virus infection. COVID-19 was not the apocalyptic virus that starred in some sinister movies, but it showed the world that the government and the people are utterly helpless against natural phenomena.
The epidemic situation around the world has closed countries and people in their homes. Like any industry, the military expected to collapse gradually, but this did not happen. A report released a few days ago by the Stockholm International Peace Research Institute shows that global military spending has increased by 2.6%. On average, each country has spent 2.4% on the defense of gross domestic product.
This report provoked us to make the ranking of the top 10 defense budgets for 2021. This ranking forms by the money that countries have prepared to spend in 2021. The formula also includes costs for the delivery, maintenance, salaries, and pensions. Let’s start.
10. Australia – $ 42.7 billion
Australia has projected to spend nearly $ 42.7 million in 2021. The country’s external debt is $ 1.7 trillion. The country’s population is 25.5 million, 80,000 are total military personnel (0.3%). Of these, 60,000 are active military personnel, and 20,000 are military reserves. The annual strength factor is 0.3378 (the one that is closer in value to 0.0000 is considered perfect)
9. France – $ 47.7 billion
France has projected to spend nearly $ 47.7 million in 2021. The country’s foreign debt is $ 5.4 trillion. The country’s population is almost 68 million people, of which 450,000 are total military personnel (0.7%). Of these, 270,000 are active military personnel, and 35,000 are military reserves. The annual strength factor is 0.1681 (the one that is closer to 0.0000 is considered perfect)
8. South Korea – $ 48 billion
South Korea has projected to spend nearly $ 48,000,000,000 in 2021. The country’s foreign debt is $ 385 billion. The country’s population is almost 52 million people, of which 6,710,000 are total military personnel (12.9%). Of these, 600,000 are active military personnel, and 3,100,000 are military reserves. The annual force factor is 0.1612 (the one that is closer to 0.0000 is considered perfect)
7. Saudi Arabia – $ 48.5 billion
Saudi Arabia has projected to spend nearly $ 48.5 million in 2021. The country’s foreign debt is $ 205 billion. The country’s population is almost 34 million people, of which 505,000 are total military personnel (1.5%). Of these, 480,000 are active military personnel, and 0 are military reserves. The annual strength factor is 0.3231 (the one that is closer to 0.0000 is considered perfect)
6. Japan – $ 51.7 billion
Japan has projected to spend nearly $ 51.7 billion in 2021. The country’s foreign debt is $ 3.240 trillion. The country’s population is almost 126 million people, of which 319,000 are total military personnel (0.3%). Of these, 250,000 are active military personnel, and 55,000 are military reserves. The annual strength factor is 0.1599 (the one that is closer to 0.0000 is considered perfect)
5. UK – $ 56.04 billion
The UK has projected to spend nearly $ 56,042,000,000 in 2021. The country’s foreign debt is $ 8.126 trillion. The country’s population is almost 66 million people, of which 275,000 are total military personnel (0.4%). Of these, 195,000 are active military personnel, and 80,000 are military reserves. The annual strength factor is 0.1997 (the one that is closer to 0.0000 is considered perfect)
4. Germany – $ 57.4 billion
Germany has projected to spend nearly $ 57.430 million in 2021. The country’s foreign debt is $ 5.326 trillion. The country’s population is almost 80 million people, of which 215,000 are total military personnel (0.3%). Of these, 185,000 are active military personnel, and 30,000 are military reserves. The annual force factor is 0.2519 (the one that is closer to 0.0000 is considered perfect)
3. India – $ 73.6 billion
India has projected to spend nearly $ 73,650,000,000 in 2021. The country’s foreign debt is $ 501 billion. The country’s population is almost 1.3 billion people, of which 5,127,000 are total military personnel (0.4%). Of these, 1,445,000 are active military personnel, and 1,155,000 are military reserves. The annual strength factor is 0.1207 (the one that is closer to 0.0000 is considered perfect)
2. China – 178.2 billion dollars
China has projected to spend nearly $ 178,200,000 in 2021. The country’s foreign debt is $ 1.6 trillion. The country’s population is almost 1.4 billion people, of which 3,355,000 are total servicemen (0.2%). Of these, 2,185,000 are active military personnel, and 510,000 are military reserves. The annual strength factor is 0.0854 (the one that is closer to 0.0000 is considered perfect)
1. USA – $ 740.5 billion
The United States has projected to spend nearly $ 740,500,000,000 in 2021. The country’s foreign debt is $ 17.9 trillion. The country’s population is almost 333 million people, of which 2,245,500 are total servicemen (0.7%). Of these, 1,400,000 are active military personnel, and 845,500 are military reserves. The annual strength factor is 0.0718 (the one that is closer to 0.0000 is considered perfect)
***
Follow us everywhere and at any time. BulgarianMilitary.com has responsive design and you can open the page from any computer, mobile devices or web browsers. For more up-to-date news, follow our Google News, YouTube, Reddit, LinkedIn, Twitter and Facebook pages. Subscribe to our Newsletter and read our stories in News360App in AppStore or GooglePlay or in FeedlyApp in AppStore or GooglePlay.