RT The July 2, 2024
With budgets of 81. 00 and 75000000000. 00, respectively. Now the top 5 countries alone account for almost 60 percent of the Global Military spending, with the us spending more than the next 11 countries combined. As each country has unique security challenges and geo political objectives, that then shape is military spending priorities. With the conflict in ukraine World Military spending grew for the 8 Consecutive Year in 2022 to an all time high of 2. 00 trillion dollars, which is the sharpest rise in spending. In recent years, in the us defense spending accounts for 12 percent of all feder...