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The world's most expensive armed forces

Lovemoney Logo By lovemoney.com of Lovemoney | Slide 1 of 21: As tensions rise in a number of global hotspots, the military budgets of many world powers have been on the increase too. We reveal the countries that spend the most on their militaries and give you the heads-up on the nations that have been upping their expenditure to fight existing and emerging threats.

Massive defence budgets

As tensions rise in a number of global hotspots, the military budgets of many world powers have been on the increase too.

In fact, a new analysis of arms spending from Jane’s Defence Budgets report found that outlays on weapons and equipment rose in 2016 to a global total of $1,570,000,000,000 (£1.24 trillion).

We reveal the countries that spend the most on their militaries, and give you the heads-up on the nations that have been upping their expenditure to fight existing and emerging threats.

© C Drin/Shutterstock

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