The Korea Herald

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[Graphic News] Military spending saw biggest increase in a decade in 2019

By Nam Kyung-don

Published : May 5, 2020 - 10:01

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Global military expenditure saw its biggest uptick in a decade in 2019, researchers said, marking the first year two Asian countries were among the top three spenders.

The world’s nations spent a combined $1.9 trillion on their militaries in 2019, according to a report by the Stockholm International Peace Research Institute.

Compared with 2018, that represented annual growth of 3.6 percent, the highest increase since 2010. (AFP)