• Home
  • Contact
  • Submit a News Release
Monday, May 19, 2025
  • Login
No Result
View All Result
NEWSLETTER
Mainland Times — Breaking Continental European News
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
  • Climate
  • Business
  • Economy
  • Europe
  • Health
  • Education
  • Society
  • Sport
  • World
No Result
View All Result
Mainland Times — Breaking Continental European News
No Result
View All Result
Home Europe

Emerging Europe sees big increase in military spending

Michael Sanders by Michael Sanders
12/02/2021
in Europe
Emerging Europe sees big increase in military spending
11
VIEWS

Several Central and Eastern European countries increased their military expenditure in 2018, with Poland, Ukraine and Romania leading the way.

According to recent data from the Swedish International Peace Research Institute (SIPRI), the Central European region saw a 12 per cent increase in military spending last year, while at the same time, Eastern European expenditure (which includes Russia) fell by 1.7 per cent.

Ranked 19th globally, Poland is by far the leading military spender in the region with an annual expenditure of 11.6 billion US dollars in 2018. The country’s spending rose by 8.9 per cent and now accounts for two per cent of its GDP.

Ukraine, which spent 4.6 billion US dollars on defence last year, has climbed five spots and is now ranked 39th globally. It boosted military expenditures up by 21 per cent in 2018, amounting to 3.8 per cent of the country’s GDP. Military spending has increased by 53 per cent since 2013, the year before the crisis in the eastern part of the country broke out.

Emerging as the 40th biggest global spender after moving up by six spots, the third highest military spender of emerging Europe is Romania where expenditure has grown by 112 per cent over the last decade.

Between 2009 and 2018, Lithuania saw the highest relative increase in military expenditure among all European countries – 156 per cent.

SIPRI’s research shows that several other Central and Eastern European countries have made large increases in military expenditure including Bulgaria, Latvia and Lithuania, ranging from 18 per cent to 24 per cent in 2018.

“The increases in Central and Eastern Europe are largely due to growing perceptions of a threat from Russia,” said Pieter Wezeman, a senior researcher of the SIPRI AMEX programme, adding that emerging Europe is spending more despite the fact that Russian military spending has fallen for the past two years.

Recommended

WWE’s original Day 1 plans had Brock Lesnar dethroning Roman Reigns and Seth Rollins winning WWE title

WWE’s original Day 1 plans had Brock Lesnar dethroning Roman Reigns and Seth Rollins winning WWE title

3 years ago
Chelsea into Women’s FA Cup final after sweeping Manchester City aside

Chelsea into Women’s FA Cup final after sweeping Manchester City aside

3 years ago

Popular News

  • Poland’s Bank Pekao opens London office

    Poland’s Bank Pekao opens London office

    0 shares
    Share 0 Tweet 0
  • The Top European Online Media Outlets: A Guide to Trusted News Sources

    0 shares
    Share 0 Tweet 0
  • FineVPN Launches New VPN Service Using xRay Protocol for Enhanced Privacy and Security

    0 shares
    Share 0 Tweet 0
  • US Event: Pharma Partnering US Summit 2025

    0 shares
    Share 0 Tweet 0
  • Paval brothers take over 59.4 percent of Cemacon Zalau

    0 shares
    Share 0 Tweet 0

Newsletter

Subscribe and receive the latest news to your email.

SUBSCRIBE

Category

  • Business
  • Climate
  • Economy
  • Education
  • Europe
  • Health
  • Latest
  • Society
  • Sport
  • World

Site Links

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

About Us

Mainland Times is an independent online outlet that publishes socially relevant news taking place on the European continent. Mainland Times aggregates news from several sources, and also provides coverage through a network of local correspondents.

  • Home
  • Contact
  • Submit a News Release

© 2021 All rights reserved.

No Result
View All Result
  • Home
  • Europe
  • Economy
  • Health
  • Climate
  • Climate
  • Business
  • Sport
  • Education
  • Society
  • World

© 2021 All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In