INTERNATIONAL – Defense Budget Tracking for 2011/12
AMI continues to receive information on defense budget projections for 2011/2012. Listed below is one that was announced in April. The following graph includes 2011 budget, budget for 2012, percentage change and direction (up, down or the same) from 2011 levels:
|
Country (Reported in Hot News)
|
2011 Budget (US$B) |
2012 Budget (US$B) |
Change Amount (US$B) |
Change (%) |
Budget Direction |
| Slovenia |
.597 |
.478 |
-.119 |
1.2 |
Down |
| Germany |
41.2 |
44.9 |
+ 3.7 |
1.1 |
Up |
| Taiwan |
10.2 |
11.2 |
+ 1 |
1.1 |
Up |
| Finland (August 2011) |
4.2 |
4.1 |
-.1 |
2.3 |
Down |
| Italy (August 2011) |
20.3 |
19.8 |
-.5 |
2.3 |
Down |
| Pakistan (July 2011) |
5.0 |
5.7 |
+.7 |
11 |
Up |
| Australia 1 (June 2011) |
27.5 |
28.3 |
+.8 |
2.9 |
Up |
| Israel (May 2011) |
12.8 |
13 |
+.2 |
1.6 |
Up |
| Saudi Arabia 2 (April 2011) |
41 |
47 |
+7 |
12.8 |
Up |
| India (April 2011) |
32.3 |
36.5 |
+4.2 |
11.6 |
Up |
| Netherlands (April 2011) |
12.2 |
11.6 |
-.6 |
5 |
Down |
1 2.9% increase is on paper only, as the budget for 2010-2011 was reduced due to funds being returned to Treasury as a result of under-spending for programs that have fallen behind schedule. In reality, defense spending will be reduced by US$4B through the 2016-2017 budgets.
2 Includes both the Ministry of Defense and Ministry of the Interior budgets.
Additional information on this article can be obtained by contacting Greg Emerson at AMI International (Tel: + 1 360 373 2686 or E-mail: gemerson@amiinter.com.