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...
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