In this video, we take a closer look at the world's biggest military spenders and examine why some countries invest so much in their military. We start by presenting the latest available data from Correlates of War and SIPRI, highlighting the countries that allocate the most money to their armed forces.
It is important to note that SIPRI's data only covers up to 2021. Therefore, for 2022 and beyond, various sources have been used, including absolute, relative, and forecasted data.
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