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You are here » Home Page
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» Bric countries Military spending
Bric countries Military spending
2012-04-11
source own
The Bric countries Brazil, Russia, India and China are increasing Military spending and major European countries see a decline in their military spending. The 4 key countries of the Bric region are in the top 10 of the amount spent on the defense in 2011.
China is the 2nd largest spender in the world on its Military , Russia 6th, India 9th and Brazil is 10th on the list of money spent on the arms industry.
The Bric's counties have a lot in common. Each one has a large population with a combined population of about 2.5 billion and each of their economies are expanding. Brazil, Russia, India and China are all increasing Military as these four countries are seeking to assert themselves on the global stage and are willing and able to invest in improving the capabilities of their armed forces.
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