World Military Expenditure Reaches All-Time High of $2,443Bln in 2023 - SIPRI

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MOSCOW, (Sputnik) - Global military expenditure increased by 6.8% in 2023 year-over-year and reached a new record high of $2,443 billion, with the three largest spenders being the US, China and Russia, according to new data published on Monday by the Stockholm International Peace Research Institute (SIPRI).