Global Military Spending Reaches Record High, Saudi Arabia Among Top 5 Spenders.
TL;DR
Saudi Arabia has become the world's fifth-largest military spender, surpassing the UK, Germany, and France, according to a report by the Stockholm International Peace Research Institute (SIPRI). The kingdom's military spending increased by 16% to reach an estimated $75bn, contributing to the Middle East's total military expenditure of $184bn in 2022. The region had the highest military burden, with spending making up 3.9% of GDP on average. The US, China, and Russia were the top three global military spenders, accounting for nearly 56% of global military spending.
- Saudi Arabia rises to world's 5th largest military spender: SIPRI Al-Monitor
- Global military spending surged to all-time high in 2022 - BBC News BBC News
- Saudi Arabia rejoins world's top five military spenders, says report Middle East Eye
- What's driving up the global military spending? | Inside Story Al Jazeera English
- What U.S., other countries spent on their militaries in 2022 Axios
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