This week, the Stockholm International Peace Research Institute published a report showing that global military spending reached a new post-Cold War high last year of $1.8 trillion, fueled primarily by higher U.S. and Chinese military expenditures. Here, we take a closer look at how military spending breaks down around the world.

(click to enlarge)

Geopolitical Futures
Geopolitical Futures (GPF) was founded in 2015 by George Friedman, international strategist and author of The Storm Before the Calm and The Next 100 Years. GPF is non-ideological, analyzes the world and forecasts the future using geopolitics: political, economic, military and geographic dimensions at the foundation of a nation.