Azerbaijan's military spending in 2020 grew by 17 percent, while Armenia's dropped by 2.6 percent- SIPRI

|

USD

384.47

EUR

450.83

RUB

4.8983

GEL

141.25

26.04.2021, 17:26

Azerbaijan’s 17 per cent increase in military spending was the largest relative increase among countries in Eastern Europe in 2020, according to new data published by the Stockholm International Peace Research Institute (SIPRI).

Azerbaijan's military spending in 2020 grew by 17 percent, while Armenia's dropped by 2.6 percent- SIPRI

YEREVAN, April 26. /ARKA/. Azerbaijan’s 17 per cent increase in military spending was the largest relative increase among countries in Eastern Europe in 2020, according to new data published by the Stockholm International Peace Research Institute (SIPRI).

The rise in spending was largely driven by the conflict with Armenia over the Nagorno-Karabakh region.

In contrast, Armenia’s military spending fell by 2.6 per cent in 2020. Both Armenia and Azerbaijan are among the top ten militarized nations, according to SIPRI.

The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom. Military spending by China grew for the 26th consecutive year.

Five of the top 10 countries with the highest level of military spending in the world are in the Middle East: Oman (military expenditure is 11% of GDP, Saudi Arabia (8.4%), Kuwait (6.5%), Israel (5.6%) and Jordan (5%). The other five are Algeria (6.7%), Azerbaijan (5.4%), Armenia (4.9%), Morocco (4.3%) and Russia (4.3%).

SIPRI’s Military Expenditure Database is updated annually, and the data set is based on the best open-source evidence available at the time it is compiled. -0-

#MILITARY SPENDING

It is absolutely not necessary to worsen Armenian-European relations to improve Russian-Armenian relations - Iskandaryan

It is absolutely not necessary to worsen Armenian-European relations to improve Russian-Armenian relations, Director of the Caucasus Institute Alexander Iskandaryan said in an interview with RBC.

01.07.2025 12:16

There is no dilemma between the EAEU and the EU for Armenia, its membership in the EU is impossible - Iskandaryan

There is no dilemma between the Eurasian Economic Union (EAEU) and the EU for Armenia, the country's membership in the EU is impossible, believes the director of the Caucasus Institute Alexander Iskandaryan.

01.07.2025 10:58

Kallas told Pashinyan about the EU's readiness to help strengthen Armenia's resilience

High Representative of the European Union for Foreign Affairs and Security Policy Kaja Kallas highly appreciated the government's commitment to democratic reforms at a meeting with Armenian Prime Minister Nikol Pashinyan, the government's press service reported.

30.06.2025 21:45

EU provides Armenia with €270 million under the 2024-2027 resilience and growth plan – Kallas

The European Union is providing Armenia with €270 million under the 2024-2027 resilience and growth plan, said EU High Representative for Foreign Affairs and Security Policy, Vice-President of the European Commission Kaja Kallas.

30.06.2025 21:43

Accusations of Electrical Networks of sabotage are false - head of the company

Acting General Director of Electric Networks of Armenia CJSC David Gazinyan touched upon two cases of power outages last week - during the opening of the Homplex Mall hypermall on Wednesday, as well as on 40% of the territory of Yerevan and part of Ashtarak on Friday.

30.06.2025 15:52

Mirzoyan: "Let Mr. Lavrov not interfere in the internal affairs and domestic policy of Armenia"

Armenian Foreign Minister Ararat Mirzoyan called on Russian Foreign Minister Sergey Lavrov not to interfere in the country's internal affairs.

30.06.2025 14:27

Consultations on security and defense between Yerevan and Brussels have started

Armenian Foreign Minister Ararat Mirzoyan announced the start of consultations between Armenia and the EU in the field of security and defense.

30.06.2025 13:32

Andranik Simonyan appointed director of the National Security Service of Armenia

Andranik Simonyan has been appointed director of the National Security Service of Armenia.

29.06.2025 23:11