đź”´World Military Spending Higher Than Ever
Governments’ military spending has surpassed $2 trillion (€1.8 trillion) for the first time last year, according to a new report published by the Stockholm International Peace Research Institute.
The total number adds up to $2.113 trillion, a 12$ increase from 10 years ago, marking the seventh consecutive year that military spending increased.
The usual suspects have once again become the largest spenders, with the US accounting for a whopping 38% of all military spending in the world. China is a distant second with 14%, followed by India, UK and Russia, who all have spent less than 4% each.
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Governments’ military spending has surpassed $2 trillion (€1.8 trillion) for the first time last year, according to a new report published by the Stockholm International Peace Research Institute.
The total number adds up to $2.113 trillion, a 12$ increase from 10 years ago, marking the seventh consecutive year that military spending increased.
The usual suspects have once again become the largest spenders, with the US accounting for a whopping 38% of all military spending in the world. China is a distant second with 14%, followed by India, UK and Russia, who all have spent less than 4% each.
Subscribe to RT t.me/rtnews
01:48 PM - Apr 25, 2022
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