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Global military spending hits record $2.7 trillion in 2024, sharpest rise since Cold War

Worldwide army expenditure surged to $2.7 trillion in 2024, marking the sharpest annual enhance for the reason that Chilly Conflict,

By Spluk.phApril 28, 20251 min read


Worldwide army expenditure surged to $2.7 trillion in 2024, marking the sharpest annual enhance for the reason that Chilly Conflict, pushed by escalating conflicts and geopolitical tensions, SIPRI reported Monday. Europe and the Center East noticed the steepest rises, with some European nations posting “unprecedented” spending hikes, the analysis institute mentioned.

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