this post was submitted on 23 Apr 2024
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Global military spending surges amid war, rising tensions and insecurity (www.sipri.org)
submitted 6 months ago by [email protected] to c/[email protected]
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Some key takeaways:

  • NATO represents 55% of the global military spending, while only representing ~20% of the global population.
  • An increase in military budget comes with a decreases of budget in education, healthcare, etc which will inevitably lead to worsening of living conditions.
  • Saudi Arabia and Israel continue being the largest military spenders in the Middle East.
  • 37% of Ukraine total GDP goes to military spending.
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