US, China And Russia Spent Most On Military; Ukraine War Caused 'All-Time High' Spending
World military expenditure rose to a record $2.24 trillion in 2022.
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World military expenditure rose to a record $2.24 trillion in 2022.
Military expenditure globally hit an all-time high of $2.24 trillion in 2022, rising 3.7 percent from the previous year, due largely to Russia's invasion of Ukraine, an international security think tank said on April 24.
Europe's military spending rose by 13% in 2022 while Ukraine's military expenditure hit highest single-year rise of 640%, data shows - Anadolu Ajansı
The kingdom has risen from eighth to fifth place since 2021, surpassing the United Kingdom, Germany and France.
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