Military spending rises despite pandemic
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Despite the economic effects of Covid-19, total global military spending rose to nearly $2 trillion in 2020 – an increase of 2.6 percent from 2019 – according to the Stockholm International Peace Research Institute
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SHARE OF WORLD MILITARY EXPENDITURE 
Top 10 countries

Top 10 together account for nearly 75 percent of world military spending

Americas
Asia and Oceania
Europe 
Middle East 
Africa

WORLD MILITARY EXPENDITURE BY REGION 1988-2020 ($ billions)
1,500
1,000
500
0

Others 25.1%
South Korea 2.3%
Japan 2.5%
United States 39% 
France 2.7%
Germany 2.7%
Saudi Arabia 2.9% 
UK: 3.0%
Russia: 3.1%
China 13%
India: 3.7%

Total $1,981bn (2020)
                                                                                                                                1990 1995 2000 2005 2010 2015 2020
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Notes: No total calculated for 1991 due to absence of data for Soviet Union. Rough estimates for Middle East included in totals for 2015-20
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Sources: SIPRI, UPI Picture: Flickr/U.S. Navy © GRAPHIC NEWS