Global Military Spending Tops $2 Trillion for First Time in History

Global military expenditures surpassed $2 trillion for the first time ever last year, with the United States spending more on its war-making capacity than the next nine nations combined, according to new data published Monday. The Stockholm International Peace Research Institute (SIPRI) reported an all-time high of $2.1 trillion in worldwide military spending for 2021, a 0.7% increase from 2020 levels and the seventh straight year of increased expenditures. With $801 billion—or 38% of total global military spending—the United States spent more in 2021 than the next nine nations combined: China ($293 billion), India ($76.6 billion), the United Kingdom ($68.4 billion), Russia ($65.9 billion), France ($56.6 billion), Germany ($56 billion), Saudi Arabia ($55.6 billion), Japan ($54.1 billion), and South Korea ($50.2 billion).

— source commondreams.org | Apr 25, 2022

Nullius in verba


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