The 6.8% increase between 2022 and 2023 was the steepest since 2009, pushing spending to the highest recorded by the Stockholm International Peace Research Institute (Sipri) in its 60-year history

For the first time, analysts at the thinktank recorded a rise in military outlay in all five geographical regions: Africa, Europe, the Middle East, Asia and Oceania and the Americas.

        • Riddick3001OP
          link
          fedilink
          English
          37 months ago

          You are correct. I looked it up and re-read it. Tnx for clarifying. I’ll delete my irrelevant comment.

    • @[email protected]
      link
      fedilink
      English
      17 months ago

      Yup, it is. I can’t really conceptualize a thousand billions or a trillion, though. These are not numbers that translate to reality in any practical way for me.