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Total global military expenditure rose to $1981 billion last year, an increase of 2.6 per cent in real terms from 2019. The growth in spending came in a year where global GDP contracted 4.4% due to the Covid-19 pandemic. The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom. With $778 billion the United States accounted for 39% of total global military expenditure.
Source:
ABC Warrior Robot: Judge Dredd by Danny Cannon, 1995
forbes.com, Niall McCarthy, 28.04.2021