Global military expenditure reached an all-time high of over $2 trillion in 2021, according to an international survey released Monday.
Total military spending rose 0.7% from the previous year and reached $2.113 trillion, the Stockholm International Peace Research Institute (SIPRI) said.
It said the global military burden, or world military expenditure as a share of world gross domestic product (GDP), fell by 0.1 percentage point from 2.3% in 2020 to 2.2% in 2021.
The five largest spenders in 2021 were the US, China, India, the UK and Russia, together accounting for 62% of expenditure, according to SIPRI.
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