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World military expenditure passes $2T for first time

(Stockholm, 25 April 2022) Total global military expenditure increased by 0.7 per cent in real terms in 2021, to reach $2113 billion. The five largest spenders in 2021 were the United States, China, India, the United Kingdom and Russia, together accounting for 62 per cent of expenditure, according to new data on…
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Apr 26, 2022World military expenditure passes $2T for first time by georgecmu156421

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