WORLD - $1.8 Trillion Spent on Weapons

Arno Froese

Military expenditure across the globe continues to rise and have reached their highest level since the Cold War, a new report by the Stockholm International Peace Research Institute has found.

The report found that global military spending is now 76% higher than the post-cold war low in 1998, with an estimated $1.822 trillion spent in 2018, 2.6% higher than the previous year and 5.4% higher than in 2009.

The five biggest military spenders in 2018 were the United States, China, Saudi Arabia, India and France, which together accounted for 60% of global military spending.

Two of the top 15 global spenders in 2018 are in the Middle East: Saudi Arabia, which ranked third, and Turkey, which came in at 15th. For the second year in a row, Israel ranked 17th, below countries like Spain (16), Turkey (15), Canada (14) and Australia (13).

“After a peak in 2015—related to military operations in 2014 in the Gaza Strip—Israeli military expenditure decreased by 13% in 2016 and by 1.0% in 2017,” the report read.

Israel’s military exports unit of the Defense Ministry announced that military exports by Israel brought in $7.5b. last year, the first decline in three years which saw consecutive increases in defense exports.

Meanwhile Iran came in at number 18 with a military expenditure at $13.2b., a decrease of 9.5% after the Iranian economy went into recession and inflation increase from 10% to 30% in 2018., 28 April 2019

Arno's commentary

Although there are many conflict zones in places such as the Middle East, Africa, and Southeast Asia, and minor flare-ups in South America, the world at large is at peace. War between the European nations is all but out of the question. The world’s largest military spender, the US, faces no legitimate threat from any nation, at least at this time. Thus, we ask the question: why more weapons? Here we must consult prophetic Scripture. Joel 3:9-10: “Proclaim ye this among the Gentiles; Prepare war, wake up the mighty men, let all the men of war draw near; let them come up: Beat your plowshares into swords and your pruninghooks into spears: let the weak say, I am strong.” This, of course, refers to the time of Armageddon. During that time, all the nations of the world will experience total defeat. Following will be the Lord’s decree to destroy all weapons: “And he shall judge among many people, and rebuke strong nations afar off; and they shall beat their swords into plowshares, and their spears into pruninghooks: nation shall not lift up a sword against nation, neither shall they learn war any more” (Micah 4:3).

Arno Froese is the executive director of Midnight Call Ministries and editor-in-chief of the acclaimed prophetic magazines Midnight Call and News From Israel. He has authored a number of well-received books, and has sponsored many prophecy conferences in the U.S., Canada, and Israel. His extensive travels have contributed to his keen insight into Bible prophecy, as he sees it from an international perspective.

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