Iraq's military expenditure hits $6.2 billion in 2025
The US publication mentioned that Iraq is spending $6.2 billion on its military in 2025, which is 1.9 percent of its GDP and 0.2 percent of the world's total military budget.
The US military budget, which is $997 billion, stands out amid escalating tensions and wars throughout the world. Compared to China's budget, which is around $314 billion, it is over four times greater.
As countries deal with persistent issues, it appears that military spending is increasing globally, particularly in Europe and the Middle East.
Over the past year, all five of the top military spenders have raised their budgets, which together account for more than 60 percent of total global military expenditures. Their combined expenditures came to an incredible $1.63 trillion. With 37 percent of global military spending, the United States is at the top, followed by China with 12 percent.
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