According to the report, which measures over 170 countries, global defense spending rose 4% in 2019 compared to 2018.
The U.S. continued to claim top spot in military expenditures, spending $638 billion in 2019. China was the second biggest spender at $185 billion. Both countries' spending grew 6.6% compared to the prior year. But, "the trajectory of the two states' defense spending is diverging," wrote Lucie Béraud-Sudreau, IISS research fellow for Defence Economics and Procurement, in a related blog post. "The budget increase in the U.S. was the largest in 10 years, and spending has increased year-on-year since U.S. President Donald Trump took office. While spending is still rising in China, the pace of growth is decelerating." As a result, the spending gap between the two countries has widened.
The U.S. increase alone of $53.4 billion, the report added, was roughly on par with Britain's entire defence budget.
The U.S. continued to claim top spot in military expenditures, spending $638 billion in 2019. China was the second biggest spender at $185 billion. Both countries' spending grew 6.6% compared to the prior year. But, "the trajectory of the two states' defense spending is diverging," wrote Lucie Béraud-Sudreau, IISS research fellow for Defence Economics and Procurement, in a related blog post. "The budget increase in the U.S. was the largest in 10 years, and spending has increased year-on-year since U.S. President Donald Trump took office. While spending is still rising in China, the pace of growth is decelerating." As a result, the spending gap between the two countries has widened.
The U.S. increase alone of $53.4 billion, the report added, was roughly on par with Britain's entire defence budget.
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