Global military spending hits ‘all-time high’ of $2.4 trillion: SIPRI report
Breaking Defense - 2024-04-22T13:35:34.000Z

The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period.

In related news

Global Military Spending Hits All-Time High Of $2.4 Trillion
Global Military Spending Hits All-Time High Of $2.4 Trillion By Tim Martin at BreakingDefense Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report. The report, published today, said that the new figure is an “all time high,” equivalent to a 6.8 percent increase on spending in 2022 and marking the ninth consecutive...
- Related Articles
- In News
- From Zero Hedge
- 2024-04-23T21:05:00.000Z
Global military spending hit all-time high in 2023 after 7% jump, report finds
Global military spending reached a fresh record high in 2023, totaling $2.4 trillion, a report by the Stockholm International Peace Research Institute said.
- Related Articles
- In News
- From CNBC
- 2024-04-22T11:18:44.000Z
Conflicts push global military spending to all-time high: report
Global military expenditure saw its steepest increase in over a decade in 2023, reaching an all-time high of $2.4 trillion as wars and rising tensions fuelled spending across the world, researchers said Monday. Military spending rose across the globe with particularly large increases in Europe, the Middle East and Asia,
- Related Articles
- In News
- From Japan Today
- 2024-04-22T03:20:40.000Z

In related news

Global Military Spending Hits All-Time High Of $2.4 Trillion

Global military spending hit all-time high in 2023 after 7% jump, report finds

Conflicts push global military spending to all-time high: report