Nonetheless, the SIPRI comparison provides useful insights on the sheer scale of U.S. By contrast, the national defense budget function ($766 billion in 2022) excludes outlays by the Department of State and certain programs of the Department of Energy. SIPRI includes discretionary and mandatory outlays by the Department of Defense, Department of Energy, Department of State, and the National Intelligence Program. SIPRI’s definition of defense spending is broader than the definitions that are most frequently used in fiscal policy discussions in the United States, and according to their calculations, the United States spent $877 billion on national defense in 2022. defense spending increased by $71 billion from 2021 to 2022, in part due to a military aid sent to support Ukraine in its ongoing conflict, and the United States now spends more on defense than the next 10 countries combined (up from outspending the next 9 countries combined in 2021). Funding for the Islamic Revolutionary Guard Corps in particular grew by 14% compared to 2020.Defense spending by the United States accounted for nearly 40 percent of military expenditures by countries around the world in 2022, according to recently released figures from the Stockholm International Peace Research Institute (SIPRI). One of the most notable changes in defense spending came from Iran - where the country's military budget increased for the first time in four years - topping $24.6 billion. Spending decreased in the Middle East by -3.3% and the Americas by -1.2%. Spending also increased in Asia and Oceania by 3.5%, in Europe by 3% and in Africa by 1.2%. Germany - the third-largest spender after the UK and France - spent $56 billion on its military in 2021, which was 1.3% of its GDP. Total military spending in Europe in 2021 amounted to $418 billion, which was 3% higher than in 2020 and 19% higher than in 2012. Germany is third-highest spender in Europe It spent $5.9 billion, or 3.2% of the country's GDP, in 2021. Ukraine's military spending has risen by 72% since the annexation of Crimea in 2014. The Russian boost in spending was aided by higher prices for Russian fuel exports and came at a time it was preparing to invade Ukraine, SIPRI experts said. Russia's spending in 2021 rose by 2.9% to reach $65.9 billion, or 4.1% of its GDP, the report found. SIPRI said the decline was in part due to an overall decline in US spending on research and development, but added the country remained focused on developing next-generation technologies. While US spent far more on defense than any other country in 2021, its expenditure dropped compared to prior years. The US and China alone accounted for 52% of the spending, according to SIPRI.Ĭhina's spending rose for the 27th consecutive year, to reach $293 billion, while Russia's expenditure grew for the third consecutive year in 2021. The five largest military spenders in 2021 were the United States, China, India, the United Kingdom and Russia, which together accounted for 62% of the total spending. "Even amid the economic fallout of the COVID-19 pandemic, world military spending hit record levels," said Diego Lopes da Silva, a senior researcher with SIPRI’s Military Expenditure and Arms Production Program. This marked the seventh consecutive year that military spending increased, although the data indicates that the economic impact of the coronavirus pandemic did not dampen military costs. Total global defense spending reached $2.113 trillion, which was 0.7% higher than in 2020 and 12% higher than in 2012, according to the peace think tank. World military expenditure surpassed the $2 trillion mark (€1.8 trillion) for the first time in 2021, according to a new report published by the Stockholm International Peace Research Institute (SIPRI) on Monday.
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