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Global military spending hit record levels Updated: Updated: February 25, 2021 21:37 IST The U.S. remained the world’s largest defence spender in 2020, IISS said, accounting for 40% of $738 billion globally Share Article AAA The U.S. remained the world’s largest defence spender in 2020, IISS said, accounting for 40% of $738 billion globally Global military spending, driven in part by Chinese naval expansion, reached record levels in 2020 despite the impact of the coronavirus pandemic and ensuing economic contraction, a British think-tank said on Thursday. The International Institute for Strategic Studies (IISS) said military spending reached $1.8 trillion last year a 3.9% increase in real terms over figures for 2019.

United kingdomSouth china seaBrunei generalInternational institute for strategic studiesInternational instituteStrategic studiesSouth chinaGlobal military spendingஒன்றுபட்டது கிஂக்டம்தெற்கு சீனா கடல்புருனே ஜநரல்சர்வதேச நிறுவனம் க்கு மூலோபாய ஆய்வுகள்சர்வதேச நிறுவனம்மூலோபாய ஆய்வுகள்தெற்கு சீனாஉலகளாவிய இராணுவம் செலவு