Amidst Pandemic and Economic Sufferings, 2020’S Global Military Spending Reached Highest Level in Decades
Counter Currents

World military expenditure in 2020 is estimated to have been $1981 billion, the highest level since 1988 — and world military expenditure in 2020 was 2.6 per cent higher in real terms than in 2019 and 9.3 per cent higher than in 2011.
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