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after growth for several years, the annual world military expenditure, they seem to have reached the highest value in 1990. as a result, since - blow that improving the political climate in the world at present time, there is reason to believe that their level will decrease. but now the world military expenditure still accounts for more than 850 billion dollars. the year that corresponds to the 1.7 million dollars. in a minute. more than 80 per cent of the amount spent on conventional arms and armed forces. even in the nuclear weapon states, most of the military expenditure is spent on conventional arms. in general, however, the share of industrialized countries account for almost 80 per cent of the total military expenditures worldwide.the world military expenditure is necessarily inaccurate due to the lack of data. in addition, there are difficulties associated with differences in the exchange rates of national currencies in the system of military production and costing of military products, as well as the structure of prices in the civil and military sectors. to address these challenges, the united nations general assembly, introduced in 1980, the standardized reporting system and subsequently every year, encouraged member states to report annually to the secretary general to the reports on the level of their military spending, based on this system. in 1988, the secretary general received data from 28 countries, which was used by the reporting system. since 1987, in resolutions of the general assembly reflects the growing political support for an effective, integrated reporting system.
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