The only chart you need to see to know that the US spends more on its military than the next 11 countries combined
Advertisement
It's no surprise the United States pours more money into its military than any other country in the world.
Advertisement
In 2015, the US had a defense budget of about $597 billion, according to the International Institute for Strategic Studies' most recent World Military Balance report, released earlier this year.
In short, that's more than the next 11 countries combined.
The following graphic from the institute helps put things in perspective:
World Military Balance 2016
Advertisement
Even China's reported budget of $146 billion - good for second-highest in the world - looks modest next to that of the US.
It's safe to say the incredible funding the Pentagon receives is the driving force behind America's military strength.
Advertisement
- 8 Lesser-known places to explore in Himachal Pradesh
- Markets end FY24 on buoyant note amid positive global cues
- SRM Contractors IPO allotment – How to check allotment, GMP, listing date and more
- Rupee falls 6 paise to settle at 83.39 against US dollar
- 10 Fruits to keep you hydrated this summer