Global Military Expenditure

• 09 Jun 2020

• Total global military expenditure rose to $1917 billion in 2019, according to new data from the Stockholm International Peace Research Institute (SIPRI).
• The total for 2019 represents an increase of 3.6 per cent from 2018 and the largest annual growth in spending since 2010.
• The five largest spenders in 2019, which accounted for 62 per cent of expenditure, were the United States, China, India, Russia and Saudi Arabia.
• This is the first time that two Asian states have featured among the top three military spenders.