Record Global Military Outlays as Europe and Middle East Accelerate

Posted by | Apr 28, 2025 | |

SIPRI reports global military spending hit $2.718T in 2024, up 9.4%—the sharpest rise since the Cold War. Europe and the Middle East led gains; NATO outlays reached $1.506T. Russia surged, Ukraine bore the heaviest burden, and Israel’s war costs spiked 65% overall.

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