The Largest US Military Fund The Stockholm Peace Research Institute
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Military spending has increased from year to year since the start of the cold war crisis. Currently three countries namely the United States, China, and Saudi Arabia are in the top position related to military expenditures.
The Stockholm International Peace Research Institute (SIPRI) lists countries that are spending big budgets in the military sector. It is estimated that a total of US $ 1.73 trillion or around Rp24.3 thousand trillion of global military budget is issued in 2017, up 1.1 percent from the previous year.
According to the agency's data, the United States is still the largest military spending country with a total of US $ 610 billion or around Rp8,500 trillion and the budget is fixed from year to year. With this total budget, the United States holds 35 percent of the world's military spending, and surpasses the military budget of seven countries on the top ten list of military spending.
China ranks second with a budget of US $ 228 billion or about Rp3, 200 trillion. China raised its military budget from 2008 to 13 percent.
Saudi Arabia shifted Russia to third place with total spending of US $ 69.4 billion or around Rp970 trillion in 2017.
This is because Russia cut its military budget by 20 percent to US $ 66.3 billion or around Rp927 in 2017. This is a decrease in budget Russian military for the first time since 1998.
The decline in Russia's military budget was triggered by falling world oil prices, which became one of the country's main sources of income. While in sequential positions to five to ten occupied by India, France, England, Japan, Germany, and South Korea.
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