GLOBAL MILITARY SPENDING SOARS / GEOPOLITICAL FUTURES

Global Military Spending Soars

A new report shows that global military spending reached a new post-Cold War high last year.

By GPF Staff  

This week, the Stockholm International Peace Research Institute published a report showing that global military spending reached a new post-Cold War high last year of $1.8 trillion, fueled primarily by higher U.S. and Chinese military expenditures. Here, we take a closer look at how military spending breaks down around the world.

 

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