Military Spending in Perspective
Military & Defense
According to the Stockholm International Peace Research Institute (SIPRI), worldwide defense spending is on the rise once again. In total, spending stood at $1.69 trillion in 2016. The ten countries who invest most into their military had a share of 73 percent in this, or $1.23 trillion. As our infographic shows the United States has, after five years of spending cuts, again increased its spending in 2016 slightly. Russia sticks out with a share of 5.3 percent of its gross domestic product spent on its military.
Description
This chart shows the military expenditure of selected countries (in million 2015 U.S. dollars) and as percentage of respective GDPs
