US, WASHINGTON (ORDO NEWS) — A report was published on the official website of the Stockholm International Peace Institute, which listed the countries with the highest defense spending.
In addition, it became known that last year, countries around the world invested the largest amount in military needs in the last ten years.
The leading position in this ranking was taken by the United States of America with expenses of $ 732 billion.
So, based on published data, Russia was in fourth place in this rating, as the country’s spending grew by 4.5%, reaching $ 65.1 billion.
Countries in the top five also included China – $ 261 billion, India 71, $ 1 billion, and Saudi Arabia.
As for European countries, Germany invests the most in defense, whose expenditures grew by 10%. At the same time, Bulgaria increased spending by 127%, due to the cost of new combat aircraft.
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