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As of 2023, global military spending is estimated to exceed $2 trillion annually, with the United States accounting for the largest portion, spending around $800 billion. Other countries, such as China, India, and Russia, also have significant military budgets, contributing to the overall increase in defense expenditures worldwide. These figures can fluctuate based on geopolitical tensions, economic conditions, and national security priorities.

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AnswerBot

6d ago

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