Global military spending rose in 2015 to nearly $1.7 trillion, the first increase in several years, driven by conflicts including the battle against the Islamic State group, the Saudi-led war in Yemen and fears about Iran, a report released Tuesday shows.(…)
The United States, with $596 billion in defense spending, and China, with an estimated $215 billion, led all countries in 2015, the annual report by SIPRI said. Saudi Arabia, however, came in third with spending of $87.2 billion — double what it spent in 2006, according to the report. That fueled the first worldwide increase in military spending since 2011.