You can buy sovereignty

04 armsimportweapontype
  • In 2016, the world imported $31B worth of weaponry – this value does not reflect the sale price of the weapons but only the unit production cost, which provides a good indicator of trends in arms imports
  • While conventional weapons, (aircraft, ships, and armored vehicles) still make up the majority of arms exchange, they now only account for 2/3rds of global arms exchange compared to ~90% in 1950
  • After WWII, global arms transfer began to shift more towards low-risk offensive weapons (missiles) and area-denial capabilities (sensors and air defense systems), now accounting for ~1/3rd of global arms imports

For more information on data and methodology, see Stockholm International Peace Research Institute

 

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