RSS SubscribeThe World’s Most Militarized Economies by Three Metrics
By Dorothy Neufeld – Visual Capitalist
In 2024, the U.S., China, and Russia were the top countries by military spending, representing more than half of the global total.
Overall, global military expenditures hit a record $2.7 trillion, a 9.4% increase over the year. Amid rising geopolitical tensions, all five regions of the world increased their military spending for the second consecutive year.
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