World military expenditure has reached record levels, passing $2T in 2021, the first time this has happened in history, according to a SIPRI report released on April 25. https://www.sipri.org/media/press-release/2022/world-military-expenditure-passes-2-trillion-first-time

This was the seventh consecutive year that spending increased.

The five largest spenders in 2021 were the United States, China, India, the United Kingdom and Russia, together accounting for 62% of expenditure, according to new data on global military spending published by the Stockholm International Peace Research Institute (SIPRI).

Aljazeera/Reports