Arms and military, these are the countries that spend the most. The danger of a return to the sixties for the maintenance of public accounts

The authors of the note are Michela Garlaschi and Giacomo Ricciardi.

How much of global GDP is used for military spending and what has been the trend in world military spending over the past 60 years? Which countries spend the most? And how does Italy stand for military spending?

Military spending in the world from 1960 to 2020

Since 1960, the trend of military spending in the world (in relation to GDP) has been characterized by five phases (Fig.