Tag Archives: military spending

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.

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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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