U.S. Military Spending Rises to 916 Billion Dollars in 2023

U.S. Military Spending Rises to 916 Billion Dollars in 2023

Xinhua

Xinhua/Liu Jie Military spending by the United States rose 2.3 percent to reach 916 billion U.S. dollars in 2023, representing 68 percent of total North Atlantic Treaty Organization (NATO) military spending. The United States has provided Ukraine with massive military aid especially since the outbreak of the Ukraine crisis. In 2023 most European NATO members increased their military expenditure partly due to the conflict, the SIPRI report showed.

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