Global Military Expenditure Reaches New Record High of $2,240 Billion in 2022

Global Military Expenditure Reaches New Record High of ,240 Billion in 2022

MOSCOW (Sputnik) – Global military expenditure increased by 3.7 % last year and reached a new record high of $2,240 billion, with the three largest spenders being the United States, China and Russia, according to new data published on Monday by the Stockholm International Peace Research Institute (SIPRI).

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