Morocco’s Military Budget Surges to $5.4 Billion, Outpacing Regional Trends

Morocco is one of the countries that spends the most on armaments on the African continent. For last year’s account, the kingdom’s spending increased by 3.4%, reaching $5.4 billion, the report states.

At the same time, Algeria’s military spending decreased by 6.1% last year to stand at $9.1 billion.

Thus, North African military spending amounted to $19.6 billion, 1.7% less than in 2020, the report notes. Overall, military spending in Africa increased by 1.2% in 2021 to reach $39.7 billion.

On a global scale, this military spending has continued to increase, reaching a record level of $2,113 billion. The five biggest spenders in 2021 were the United States, China, India, the United Kingdom and Russia, which together accounted for 62% of global military spending.

More specifically, US military spending in 2021 amounted to $801 billion, down 1.4% from 2020. China’s spending is estimated at $293 billion, an increase of 4.7% compared to 2020.