otal global military expenditure increased by 3.7 percent in real terms in 2022, to reach a new high of $2240 billion. Military expenditure in Europe saw its steepest year-on-year increase in at least 30 years. The three largest spenders in 2022 — the United States, China and Russia — accounted for 56 percent of the world total, according to new …
Read More »Global Military Expenditure Sees Largest Annual Increase in a Decade
Global military spending in 2019 represented 2.2 per cent of the global gross domestic product (GDP), which equates to approximately $249 per person.
Read More »Military Spending Falls in West, Rises Elsewhere
World military expenditure totaled $1.75 trillion in 2013, a fall of 1.9 per cent in real terms since 2012, according to figures released by Stockholm International Peace Research Institute (SIPRI). The fall in the global total comes from decreases in Western countries, led by the United States, and despite increases in all other regions. In fact, military spending in …
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