Global military spending increases again

by Simon Reed ~ April 29th, 2019. Filed under: News.

On the right you will see we have a display of the global military spend to date this year.  The figures come from the Stockholm International Peace Research Institute, SIPRI.  They have just released the figures for 2018.  Global military spending in 2017 was $1,738,580,429,367 and in 2018 it was $1,815,759,836,304.  An increase of $77,179,406,937 or about 4.4%.

In pounds sterling, that’s about £1,400,000,000,000 per year globally.  I am sure you have your own ideas on what over a million million pounds of tax money could be spent on.

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