Arms Transfers Worldwide
Trends in Global Weapons Sales
The value of all arms transfer agreements worldwide (to both developed and developing nations) in 2011 was $85.3 billion. This was an extraordinary increase in arms agreements values (91.7 percent) over the 2010 total of $44.5 billion. This total in 2011 is by far the highest worldwide arms agreements total since 2004. In 2011, the United States led in arms transfer agreements worldwide, making agreements valued at $66.3 billion (77.7 percent of all such agreements), an extraordinary increase from $21.4 billion in 2010. The United States worldwide agreements total in 2011 is the largest for a single year in the…