DRC military spending rose fastest in the world in 2023 -- Sipri
In this file photo taken on May 25, 2022, a Congolese military tank heads towards the front line near Kibumba, in the area surrounding the North Kivu city of Goma, during clashes between the army and M23 rebels. File | AFP
Global military expenditure is dominated by the United States and China, with 49 percent of total spending between them. According to the most recent report by the Stockholm International Peace Research Institute, global military spending reached $2.4 trillion in 2023, a 6.8 percent increase on 2022.
Africa’s military expenditure is comparatively low. In 2023, African countries spent $51.6 billion, accounting for 2.1 percent of the world total. Still, this figure was a huge jump of 22 percent from the previous year.
