Global military expenditure sees steepest rise since the end of the Cold War
According to new data published recently by the Stockholm International Peace Research Institute (SIPRI), Global military expenditure increased to $2718 billion in 2024, the 10th year of consecutive rises. The world’s 15 largest spenders in 2024 all increased their military expenditure. The global military burden—the share of global gross domestic product (GDP) devoted to military […]