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Trends in World Military Expenditure, 2020

Trends in World Military Expenditure, 2020
https://doi.org/10.55163/JTFI7245
Publisher: SIPRI
SIPRI, Stockholm:
April, 2021

World military expenditure in 2020 is estimated to have been $1981 billion, the highest level since 1988—the earliest year for which SIPRI has a consistent estimate for total global military spending. World military expenditure in 2020 was 2.6 per cent higher in real terms than in 2019 and 9.3 per cent higher than in 2011. The global military burden—world military expenditure as a share of global gross domestic product—rose by 0.2 percentage points in 2020, to 2.4 per cent. This increase was largely due to the fact that most countries in the world experienced severe economic downturns in 2020 related to the Covid-19 pandemic, while military expenditure continued to rise overall.

This Fact Sheet highlights the regional and national military expenditure data for 2020 and trends over the decade 2011–20. The data is from the updated open-access SIPRI Military Expenditure Database, which provides military spending data by country for the years 1949–2020.

ABOUT THE AUTHOR(S)/EDITORS

Dr Diego Lopes da Silva is a Senior Researcher in the SIPRI Military Expenditure and Arms Production Programme.
Dr Nan Tian is a Senior Researcher and Acting Programme Director for the Military Expenditure and Arms Production Programme at SIPRI.
Alexandra Marksteiner was a Researcher in the SIPRI Military Expenditure and Arms Production Programme.