Worldwide military spending surged by 9 percent year on year in 2023 to hit a record $2.2 trillion as multiple conflicts ratcheted up global insecurity, according to a new report by the ...

Global military expenditure has nearly doubled since the early 90s. According to the SIPRI Military Expenditure Database, the ...

Global military spending is on the rise, driven by increasing global uncertainties and the integration of modern ...

Worldwide military spending, when estimated on the basis of unweighted country averages, has declined by nearly half, from 3.6 percent of GDP during the Cold War period (1970–90) to 1.9 percent of GDP ...

the U.S. share of global military spending only fell by six percentage points because other countries, particularly Russia, reduced their military spending as well. The 8 percent fall in U.S ...

The $71.9 billion in foreign aid that the government spent in fiscal year 2023 works out to 1.2% of that year’s total federal spending.

Meanwhile, the United States is the leader in military spending among NATO member states. The alliance’s defense expenditure makes up half of all global military spending and exceeds $1.2 trillion.

Last year, 2024, will mark the 11th year in a row that global military spending increased, with the US, China, and Russia being the largest contributors. In 2023 alone, the US set a defense budget ...

2.3 percent and 2.1 percent of their respective GDPs to defense. Korea’s consistent defense investment comes as global military spending has surged amid growing security concerns, particularly ...

As global arms spending reaches record levels ... NATO estimates that the U.S. spent US$967 billion on its military in 2024—3.4 percent of its GDP. NATO members spent a combined US$1.47 trillion ...

The U.S. is the only NATO member to ever activate the defense alliance. Yet the U.S. has the audacity to lecture Canada on ...