Switzerland Military Budget - Switzerland is investing 2.1 billion euros ($2.5 billion) to equip its military with modern weapons, equipment and training to strengthen the country's defenses.
The lower house of the Federal Assembly recently approved a budget that allocates 235 million euros ($284 million) for control and communications and 390 million euros ($472 million) for new racing cars and trucks.
Switzerland Military Budget
Switzerland also plans to buy 110 million euros ($133 million) of nuclear, biological and anti-virus equipment, while 47 million euros ($56 million) has been invested in simulators.
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About 707 million euros ($857 million) has been allocated for the purchase of personal equipment for the army, ammunition, as well as cyber and IT systems. The Swiss Air Force will also receive €575 million ($697 million) worth of new cargo, training and infrastructure.
A Swiss Air Force F-18 is seen near a church on February 20, 2013 at Payerne Airport. Photo: Fabrice Croffrini / AFP
In March, the Swiss government also announced that it wanted more women to join the country's armed forces.
Only 0.9 percent of the Swiss armed forces are women. The government wants to increase this ratio to at least 10 percent by 2030. In support of this goal, an in-depth study on women in the armed forces has already been commissioned.
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Creating a special service for women also provides for the participation of women in the country's armed forces.
Army Chief Thomas Süsli, explaining one of the reasons for recruiting more women, said: "Our experience shows that women in the army are particularly motivated and involved. They often create new ways of thinking."
We use cookies or similar technologies on our website to analyze our traffic. You agree to the use of cookies or other identifiers by closing or deleting this notice, clicking on a link, button or continuing to visit this website. AgreeGlobal military spending has increased in real terms for the first time since the US began withdrawing troops from Iraq and Afghanistan, the World Economic Forum's Emma Luxton reported.
Data from the Stockholm International Peace Research Institute show a 1% increase in real global spending last year – the first increase since 2011.
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The report shows that most regions of the world have reduced their military spending, with Africa experiencing the largest drop of more than 5%. North America and Latin America and the Caribbean decreased spending by 2%.
Spending in Western and Central Europe fell by 0.2% and is now down 8.5% since 2006. But spending in Eastern Europe (which includes Russia) increased by 7.5%, the largest of any region. Asia and Oceania also increased spending by just over 5 percent. %.
The US, despite a decline in 2015, remains the world's largest military spender, spending nearly $600 billion in 2015. That's significantly more than the next biggest spender, China, which spent about $215 billion on its military.
When measuring military spending as a share of GDP, Saudi Arabia tops the list at 13.7% of GDP. In comparison, the US spends only 3.3% of GDP on military needs, while China spends about 1.9%.
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Military Spending (% of Government Spending) Global Decreased 9.16% to 5.61% in 2020 February 2, 2023
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