Saudi Arabia's Hope for Global Arms Imports in 2016-2020
- A Small
- A Medium
- A Bigger
According to a report by the Stockholm International Peace Research Institute (SIPRI), Saudi Arabia was the world's largest importer of arms from 2016 to 2020. Saudi Arabia's arms imports accounted for 11.5% of the global total. The value of its arms imports reached 16.1 billion SIPRI TIV over the five-year period.
India ranked second globally, with arms imports accounting for 9.5% during 2016-2020. Egypt and Australia followed, with respective shares of 5.8% and 5.1%.
SIPRI uses the Trend Indicator Value (TIV) as a constant-price system to measure the volume of arms and components deliveries. TIV is based on the known unit production costs of a core set of weapons and is intended to represent the transfer of military resources rather than their financial value.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
Related Data
Latest Data Stories
