Global military expenditure continued its upward trajectory in 2025, reaching $2.89 trillion, according to new data from the Stockholm International Peace Research Institute (SIPRI).
Spending rose by 2.9% year-on-year, marking the 11th consecutive annual increase, as governments responded to ongoing conflicts, geopolitical tensions and long-term rearmament strategies.
- The United States remained the largest spender at $954 billion, despite a 7.5% decline linked to reduced Ukraine aid.
- Europe recorded a 14% surge to $864 billion, driven by the war in Ukraine and NATO targets.
- Asia and Oceania saw spending rise 8.1% to $681 billion, led by China’s continued military modernisation.
- Russia and Ukraine increased spending amid ongoing conflict, with Ukraine allocating 40% of GDP to defence.
Researchers indicate global military spending is likely to rise further in 2026, reflecting persistent security challenges and evolving defence policies.
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