Newsonline Nigeria reports that the World of Statistics, in its latest release on Monday via its social media handle, ranked the United States of America, USA,($877bn) as the country with highest military spending in 2022.
Following in that order are China: $292 billion; Russia: $86 billion; India: $81 billion; Saudi Arabia: $75 billion; UK: $69 billion, making the top Six.
1. USA: $877billion
2. China: $292 billion
3. Russia: $86 billion
4. India: $81 billion
5. Saudi Arabia: $75 billion
6. UK: $69 billion
7. Germany: $56 billion
8. France: $54 billion
9. Japan: $46 billion
10. South Korea: $46 billion
11. Ukraine: $44 billion
12. Italy: $33 billion
13. Australia: $32.2 billion
14. Canada: $26.9 billion
15. Israel: $23.4 billion
16. Spain: $20.3 billion
17. Brazil: $20 billion
18. Poland: $16 billion
19. Netherlands: $15.6 billion
20. Turkey: $10.6 billion
21. Pakistan: $10 billion
22. Colombia: $9.9 billion
23. Indonesia: $8.9 billion
24. Mexico: $8.5 billion
25. Norway: $8.3 billion
26. Sweden: $7.7 billion
27. Switzerland: $6.1 billion
28. Iran: $6 billion
39. Chile: $5.5 billion
40. Denmark: $5.4 billion
41. Finland: $4.8 billion
42. Austria: $3.6 billion
43. Nigeria: $3.1 billion
44. South Africa: $2.9 billion
45. Argentina: $2.5 billion
46. Venezuela: $4.6 million
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