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Global military spending increases despite COVID-19 pandemic — report Despite the global health and economic crises, total military spending went up in 2020, Swedish research institute SIPRI has reported. Almost two-thirds of spending came from just five countries. The US continues to be the world's biggest military spender, accounting for almost 40% of global expenditure Total military expenditure worldwide increased by 2.6% in 2020 reaching almost $2 trillion (€1.65 trillion), despite the global coronavirus pandemic and economic downturn, according to a report published by the Stockholm...

World military spending rises to almost $2 trillion in 2020 This post is also available in: French Total global military expenditure rose to $19 81 last year, an increase of 2.6 per cent in real terms from 2019, according to new data published today by the Stockholm International Peace Research Institute (SIPRI) . The five biggest spenders in 20 20 , which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom Military expenditure increases in the first year of the pandemic The 2.6 per cent increase in world mil...

SIPRI’s research on arms and military spending has been the core of the Institute's work since its foundation in the 1960s. Credit: Stockholm International Peace Research Institute (SIPRI) UNITED NATIONS, Apr 26 2021 (IPS) - The United Nations– which is desperately seeking funds to help developing nations battling a staggering array of socio-economic problems, including extreme poverty, hunger, economic inequalities and environmental hazards– has continued to be one of the strongest advocates of disarmament. The world body has relentlessly campaigned for reduced military spending in an...

The U.S. and China made up over half of all military spending in 2020.

Published 26 April 2021 Total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019, according to new data. The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom. Military spending by China grew for the 26th consecutive year. Total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019, according to new data published today by the Stockholm International...