Global military spending even higher in 2020
BUDGET
The major decline in global GDP does not affect the costs of the armies, which continue to grow, touching $2 trillion
Global military spending even higher in 2020
Global military spending even higher in 2020
Global military spending even higher in 2020
Di ats
26 aprile 2021 , 09:51
OnTheSpot
The Global military expenditure continues to rise in 2020, in spite of the Covid-19 pandemic, touching $ 2 trillion, despite a major decrease in global GDP.
This was revealed in a report by the Stockholm International Peace Research Institute (Sipri). Military spending worldwide last year amounted to about 1’823 billion francs, an increase of 2.6% year on year while the global GDP dropped by 4, 4%. And by 2019, the peak since the end of the Cold War had already been reached.