Top 15 Countries by Military Spending (1949 - 2021)
In this video, we look at the annual military budget (measured in 2019 US$) of the countries from 1949 to 2021. As you can predict, the United States is the one that has the highest military budget at all times. European countries such as Germany, France, and Italy also have considerably large military spendings. In recent years, China and Russia have increased their budget for national defense. Now, let’s take a look at the timeline of the military expenditure of countries from 1949 to 2021. If you like the video, please make sure to click on the like button and don’t forget to subscribe!
Source : SIPRI Military Expenditure Database, Our World in Data