This post has been read 12141 times!
Saudis defense budget ranks 9th in world
KUWAIT CITY, Sept 25: An Arab country has been ranked the top ninth country in the world in terms of military spending. The volume of military spending of just three Arab countries will reach $80 billion by the end of the year 2022, reports Aljarida daily. The Kingdom of Saudi Arabia is the largest Arab country in terms of military spending. Its defense budget ranks 9th in the world, according to the statistics published by the American website “Global Firepower” for the year 2022.
Saudi Arabia is followed by the UAE in second place and Kuwait in third in terms of volume of military spending among Arab countries, according to the website’s statistics. These three countries spent about USD 80 billion for military purposes from the current year’s budget. According to the statistics, the volume of the military spending of the three countries, and the global ranking of each of them are as follows
1. Saudi Arabia – It has the largest Arab defense budget and the top ninth in the world, with a total of $ 46 billion.
2. UAE – It has the second largest Arab defense budget and the 13th in the world, with more than $ 25.2 billion.
3. Kuwait – It has the third Arab defense budget and the 29th in the world with a budget of $8.1 billion.
As per the global military ranking index, Saudi Arabia ranks 20th in the world, the UAE ranks 36th, and Kuwait ranks 71st among a total of 142 countries around the world, according to the global rankings. Although the Saudi army has the largest Arab defense budget, it ranks second among the largest Arab armies, as it comes after the Egyptian military, which ranks first in the Arab world, and is the 12th most powerful military in the world in 2022.