Well, that also applies to Russia. 🤷🏻♀️
$160 billion per year, 20% of manufacturing jobs, 41% of the state budget.
They hardly export anything, tho. Use it all themselves and pay for it with high inflation.
Discussion
yes it apply to all in fact - but export can only happen who makes cheap + quality product - but % GDP is the activity counts
USA totals always sound gigantic, but it looks less-crazy in relation to the size of the economy. And they get the apex currency and a global empire, for that money, so it's understandable that they aren't rushing to change it.
EU looks like it spends nearly nothing, but it's supplying the Ukraine budget. That's why that is so high.