Global military spending reached $ 1.91 trillion in 2019, an increase of 3.6 percent over the previous year. This is the biggest surge in the military game in the past decade, the Stockholm International Peace Research Institute (SIPRI) yearbook.
The report indicates that global spending growth has accelerated in recent years and has grown by 7.2 percent since 2010. Defense investments totaled 2.2 percent of global GDP last year, which is approximately $ 249 per person.
World spending focused on five countries, which account for 62 percent of global military spending. In that order, the United States, China, India, Russia and Saudi Arabia are the main powers for military spending. In the European context, Germany stands out, providing 10 percent more for this post last year and being the country that has increased defense spending most among the major military powers.
THE USA REPRESENT 38 PERCENT OF TOTAL EXPENDITURE
The United States remains at the top of military spending worldwide, according to the country-by-country report. Last year, Washington accounted for $ 732 billion, 38% of global defense spending, and increased its investment by 5.3 percent compared to 2018.