Global Military Expenditure Reaches All-Time High Amid Escalating Conflicts
===============	
#33d7ab9b ver:0.26

A new report by the Stockholm International Peace Research Institute (SIPRI) reveals that global military expenditure reached an all-time high of $2.4 trillion in 2023, marking a 6.8% increase and the steepest year-on-year rise since 2009   . The rise in military spending was fueled by wars and rising tensions across the world, with increases observed in Europe, the Middle East, Asia, and East Asia   . The top five spenders were the United States, China, Russia, India, and Saudi Arabia. Russia's military spending surged by 24% to $109 billion, while Ukraine's spending rose by 51% to $64.8 billion, devoting 37% of its GDP and nearly 60% of all government spending to defense . Poland saw the largest increase in military spending in Europe, with a 75% rise to $31.6 billion, while Finland incr...

#newstr #MilitarySpending #Sipri #GlobalGdp #UnitedStates #China #Russia #Ukraine #Israel #SaudiArabia #Nato #Germany #EasternEurope #WesternEurope #Eu 

 https://here.news/story/33d7ab9b?ver=0.26