The combined sales of the 100 largest arms and military
services companies stood at $531 billion in 2020, an increase of 1.3%
compared to 2019.
Companies from the U.S. were once again the front-runners with 41 in the top 100 - with combined sales valued at $285
billion, an increase of 1.9% compared to 2019.
Lockheed Martin
has been the top arms supplier since 2009. In 2020, its revenue from
arms sales and military services totalled $58.2 billion or 11% of the
top 100’s total arms sales.
Chinese firms accounted for 13% of
total top 100 arms sales in 2020. The sales of the five Chinese
companies in the top 100 amounted to an estimated $66.8 billion in 2020,
1.5% more than in 2019.
Three Indian companies also featured in
the top 100, with Hindustan Aeronautics Ltd leading the sales with $3
billion and the combined sales of the three companies stood at $6.5
billion, 1.7% higher than the previous year.
Human Development Index ( HDI ) 2021 measures the average achievement in three basic dimensions of human development—a long and healthy life, knowledge and a decent standard of living. The health dimension is assessed by life expectancy at birth. The education dimension is measured by the mean of years of schooling for adults aged 25 years and more, along with expected years of schooling for children of school entering age. The standard of living dimension is measured by gross national income per capita. The pandemic dealt a serious blow to human development worldwide. In the 2021 index, 90% of countries saw their HDI value drop. Only a third of very high HDI countries saw a decline in 2021 (compared with over 90% in 2020), whereas HDI scores of 60% of low, medium and high HDI countries declined.
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