Saudi Arabia Is the World’s Top Arms Buyer
Saudis increased purchases 192% over five years Jason Ditz Posted on March 10, 2019Categories NewsTags Saudi Arabia
Most reports on international arms sales focus on the biggest sellers. That inevitably means the United States, the largest exporter by far in the growing market. You can’t have sales without buyers, however, and that side of the equation centers heavily on the Middle East.
Middle Eastern countries now buy more than a third of all global arms. The biggest customer not just in the Middle East but in the world, is Saudi Arabia,whose purchases have soared 192% over a five year period.
Locked in an endless war in Yemen, and always looking toward a war with Iran, Saudi Arabia has seen its military spending soar in recent years. Recent estimates have put Saudi Arabia at the third costliest military on Earth, behind on the US and China, and ahead of Russia.
Unlike the US, China, or Russia, however, Saudi Arabia lacks a huge decades-old military-industrial complex to make all their weapons of war. Instead, the Saudis are pouring into overseas contracts, buying vast amounts of arms from the US and Britain.
The Saudis show no sign of slowing down on this, but it isn’t clear how sustainable this is either. Already, Saudi war crimes are fueling a lot of calls to rethink arms sales to them. On top of that, the Saudis are spending 10% of their annual GDP on a mostly-imported military, which is a heavy burden for their economy to bear.
