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- Mar 2, 2020
- 2 min
2019 Military Budgets by Nation; the US is Still Spending Far More Than All its Competitors Combined
There are various ways to calculate the total defense spending for a nation depending on whether you include such things as retirement benefits and long-term care for injured veterans, but by any measure the United States spends far more than any other country. The chart above comes from data collected by the International Institute of Strategic Studies, and it shows US military spending approaching $700 billion in 2019. Spending in 2020 will exceed that figure, rising to app