![]() ![]() This year, Saudi Arabia has lost out on a top five seat to the UK, after a 7.1% decline in spending compared to a 21.5% increase for the UK. ![]() represents just under 40% of global military spending. The country is by far the largest military spender, and its $778 billion budget trumps the remainder of the list’s collective $703.6 billion. isn’t labeled as a global superpower for nothing. Here’s how the worlds top 10 military spenders compare to each other: Rank ![]() The top 10 countries represent roughly 75% of this figure, and have increased their spending by $51 billion since the year prior. The Top 10 Military SpendersĪccording to SIPRI, global military spend reached almost $2 trillion in 2020. Yet, military spending has not followed this trend. Mapped: The World’s Top Countries for Military Spendingīy practically any measure, the world today is more peaceful and less war-torn on a global scale, relative to the past.įor instance, declarations of war between nations and soldier casualties have both dropped drastically since the 20th century. ![]()
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