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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.