The table provided shows information regarding the alterations in the military expenditures of 8 countries from 2004 to 2020.
Overall, it is clear from the table that the funding of military in the United States is the highest point in both years, whereas Italy possesses the lowest one in given table. Notably, the military budget of China shows the biggest change in the end.
Concentrating on rising points, the highest of all is in the US, increasing 623 billion dollars in 2004 and 778 billion dollars in 2020. In terms of Russia, the military spending was $50 billion comparing with 2020 year, which rising about 1.3 fold to $61.7 billion. Following this, France’s military spending experienced growth with $48.3 billion in 2020. Interestingly, in 2004, China accounted for $65bn, which was lower figure compared to 2020, having been surged to $178bn.
Looking at the figure for the United Kingdom, its defense budget is the second lowest one in the table with 41 billion dollars, despite increasing with 42.8 billion dollars in 2004. By comparison, the military budget of Japan is nearly $43bn in 2004, whereas in 2020, it shows an increase of nearly $52bn. Similarly, Germany is the same as Japan’s defense spending with almost $52bn in 2020. Finally, the lowest point in given figure was Italy, decreasing to 28.2 billion dollars in 2004 and experiences a significant decline to 15 billion dollars in 2020. In total, all figures illustrates a rise in terms of military budget with $1,125.8bn.