Top 10 Countries With The Highest Military Spending, As Per SIPRI

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Top 10 Countries With The Highest Military Spending, As Per SIPRI
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Global military spending continues to rise steadily amid tensions between the US and China; and between other nations. According to the Stockholm International Peace Research Institute (SIPRI), worldwide military spending per person was $239 in 2018. It means 2.1% of global GDP is spent on the military. Here we take a look at the top 10 countries with the highest military spending in 2018.

As per the latest SIPRI Military Expenditure Database, the worldwide defense spending jumped 2.6% to $1.8 trillion in 2018. That’s the highest level since 1988, the first year for which consistent data is available. The 2018 global military spending was 76% higher than the post-Cold War low of 1988.