Global military spending jumped more in 2024 than in any year since the Cold War, says Think Tank.

Global military spending jumped more in 2024 than in any year since the Cold War, says Think Tank.

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Haley Ott is the International News themezone Digital reporter, based in the London Office of News themezone.

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United States ambassador to NATO on members

United States ambassador to NATO on the expectations of members of the members 06:27

Global military expenditure increased by 9.4% by 2024 to $ 2.7 billion, the most steep annual increase since the end of the cold war, according to data compiled by the Global Sectury Think Tank Tank International Peace Research Institute Tank. The expense in Europe, including Russia, was an important factor behind the world increase in spending, said Sipri.

The collective expenditure of European nations increased by 17% to $ 693 billion in the middle of the current war in Ukraine, as shown in the organization’s data.

The Russian government increased its military expenditure by 38% to an estimated $ 149 billion last year, while Ukraine grew 2.9% to $ 64.7 billion. The Ukrainian expense amounted to 34% of the country’s GDP, the greatest military spending by PIB percentage of any nation last year, according to Sipri.

“Russia once again significantly increased its military spending, expanding the spending gap with Ukraine,” said Diego Lopes Da Silva, Sipri principal investigator. “Ukraine currently assigns all his fiscal income to his military. In such a adjusted fiscal space, it will be a challenge for Ukraine to continue increasing his military spending.”

All NATO member nations It also increased its military expenditure, with 18 countries that spent at least 2% of its GDP for 2024, which Sipri said it was the largest number of NATO members to reach that threshold since the Alliance adopted it as an expense guideline in 2014.

Romania-Nata-Defence-Excericio
NATO Military Forces are seen during the Dart 2025 Dart 2025 exercises in the Smoardan training area, in Samardan, Romania, February 19, 2025. Daniel Mihailecu/News/Getty

“The rapid increases in expenses among NATO European members were mainly driven by the ongoing Russian threat and concerns about the possible disconnection of the United States within the alliance,” said Jade Guiberteau Ricard, another Sipri researcher. “It is worth saying that increasing spending only will not necessarily translate into a significantly greater military capacity or independence from the United States. Those are much more complex tasks.”

In it Middle EastIsrael and Lebanon significantly increased their military spending. Israel increased its defense investment by 65% ​​to $ 46.5 billion, while Lebanon increased its 58%, to $ 635 million.

“Despite the generalized expectations that many countries in the Middle East would increase their military spending in 2024, important increases were limited to Israel and Lebanon,” said Sipri Zubaida Karim researcher. “Elsewhere [in the region]countries did not significantly increased in response to the war in Gaza or were prevented from doing so by economic limitations. “

Sipri said that Iran’s military spending fell in real terms by 10% to $ 7.9 billion, despite his Participation in regional conflicts.

US military expenditure grew by 5.7% to $ 997 billion, for 66% promotion of NATO expenditure in 2024 and 37% of global military expenditure.

Porcelain Last year was the second largest military speaker in the world behind the United States, representing half of all military expenses in Asia and Oceania, said Sipri. China increased its expenditure by 7% to $ 314 billion.

“The main military speakers in the Asia and Pacific region are investing increasing resources in advanced military capacities,” said Nan Tian, ​​director of the Sipri military production and production program. “With several Non -resolved disputes and assembly tensionsthese investments run the risk of sending the region to a dangerous spiral of the arms race. “

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  • War
  • Israel
  • Ukraine
  • Donald Trump
  • Russia
  • Loop
  • Porcelain
  • Lebanon

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Haley Ott is the International News themezone Digital reporter, based in the London Office of News themezone.

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