This remarkable chart shows how U.S. defense spending dwarfs the rest of the world

On Tuesday, the International Institute for Strategic Studies released its Military Balance 2016 report, which seeks to examine closely the changing nature of military power.

On a grand scale, the report showed – yet again – that U.S. military spending easily dwarfed the rest of the world. With a defense budget of around $597 billion, it was almost as much as the next 14 countries put together and far larger than the rest of the world. China, a rising military power and the world's most populous country, is perhaps the only country that can hold a candle to America's military budget. However, its own budget of $145.8 billion is less than a third of the U.S. budget.