Charting the shift in defence spending

Much of the press coverage of yesterday’s launch of the Military Balance 2012 has focused on the continuing shift in relative military strength away from the West and towards Asia. Many reporters have understandably honed in on the fact that Asian defence spending is set to overtake Europe’s this year, for the first time in modern history. Here are some of  last year’s raw figures.

Figure: Comparative Defence Statistics (click for larger view)


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