In order to determine the countries spending the most on war, 24/7 Wall St. reviewed estimated military spending from the Stockholm International Peace Research Institute, or SIPRI, in its “Trends in World Military Expenditure 2018” report. Spending as a share of GDP, per-capita expenditure, and absolute spending figures for 2018 and 2009 also came from SIPRI. Military expenditure includes current military forces and activities, including salaries and benefits, operational expenses, arms and equipment purchases, military construction, research and development, central administration, command, and support.
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