In 2020, the total world military expenditure was about $1.981 trillion.
US military spending amounted to $801 billion in 2021, a drop of one.4 in keeping with cent from 2020. America's military burden decreased barely from 3.7 in keeping with cent of GDP in 2020 to 3.5 consistent with cent in 2021. This comprised 38% of the 12 months' overall military spending international.
The cost of navy spending globally has grown steadily in the past years and reached 1. ninety-two trillion U.S. greenbacks in 2019. North America is via a long way the leading area global in phrases of expenditure at the military.
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