Countries that increased military spending since 2014 – Rating

12:02 - 10.05.2024


May 10, Fineko/abc.az. The ranking has been published on the countries that allocated the most money for military spending in the period from 2014 to 2023.

ABC.AZ reports that this rating was noted in Global Index study.

Ukraine took the 1st place in the ranking. Thus, Ukraine's military spending has increased by 1,272% over the past 9 years.

Here is the list of countries where military spending has increased the most over the past 9 years:

Ukraine: 1272%; Poland: 181%; Denmark: 108%; Romania: 95%; Finland: 92%; Sweden: 63%; China: 60%; Algeria: 59%; Türkiye: 59%; Russia: 57%; Netherlands: 56%; Taiwan: 56%; Mexico: 55%; Greece: 51%; Canada: 49%.

By Elmir Murad