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Some sources say that Russian and Chinese military spending are actually far higher than the chart due to captive markets and purchasing price parity in those countries. [3] [4] 40 Countries with the highest military spending worldwide in 2023 [1] SIPRI Military Expenditure Database [5] List by the International Institute for Strategic Studies.
Military budget of China, USSR, Russia and US in constant 2021 US$ billions Military spending as a percent of federal government revenue. The military budget of the United States is the largest portion of the discretionary federal budget allocated to the Department of Defense (DoD), or more broadly, the portion of the budget that goes to any military-related expenditures.
According to Forbes, in 2018 counterfeiting was the largest criminal enterprise in the world. Sales of counterfeit and pirated goods totals $1.7 trillion per year, which is more than drugs and human trafficking. It is expected to grow to $2.8 trillion and cost 5.4 million jobs by 2022.
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The military of the United States is deployed in most countries around the world, with approximately 160,000 of its active-duty personnel stationed outside the United States and its territories. [1] This list consists of deployments excepting active combat deployments, including troops in Iraq, Syria, Yemen, and Somalia. [2]
A war economy or wartime economy is the set of contingencies undertaken by a modern state to mobilize its economy for war production. Philippe Le Billon describes a war economy as a "system of producing, mobilizing and allocating resources to sustain the violence." Some measures taken include the increasing of interest rates as well as the ...
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