Back to Top

Armenia’s military spending up by 33% in 2018: SIPRI report

panorama.am13 hours ago
  • Email
  • Facebook
  • Twitter

Armenia’s military spending up by 33% in 2018: SIPRI report

Armenia’s military spending grew strongly last year from the previous year, according to a new report released by the Stockholm International Peace Research Institute (SIPRI) on Monday.

Armenia’s total military expenditure stood at $609 million in 2018, up by 33% from 2017, the report said.

The SIPRI has also ranked Armenia among 10 countries with highest military burden, along with Russia, Saudi Arabia, Oman, Kuwait, Lebanon, Jordan, Israel, Algeria and Pakistan. The country’s total expenditure made up 4.8 percent of gross domestic product (GDP).

For the first time sinc...

Read full story

Weather

Temp {{currentData.temp}}℃
Wind {{currentData.wind}}km/h
Humidity {{currentData.humidity}}
  • Yerevan
  • Abovyan
  • Tsaghkadzor
  • Sevan
  • Gyumri
  • Ejmiatsin
  • Dilijan
  • Vanadzor
  • Ashtarak
7 Day Forecast

Exchange rates

Buy Sell
USD 479 481
EUR 536 540
RUR 7.43 7.51
more rates
Already available
Back to Top