Global military expenditure

An explosion of a ballistic missile lights up the sky over the city during a Russian missile and drone strike, amid Russia's attack on Ukraine, in Kyiv, Ukraine April 24, 2025. Photo: REUTERS/Gleb Garanich/File Photo
World+Biz

World military spending hits $2.7 trillion in record 2024 surge

Heightened geopolitical tension saw increased military spending in all world regions, with particularly rapid growth in both Europe and the Middle East, data from the Stockholm International Peace...

Representational image/Pixabay
Global Economy

Global military spending rises 2.6% in 2020 despite pandemic hit

A US special forces soldier stands in front of Chadian soldiers during Flintlock 2015, an American-led military exercise, in Mao, February 22, 2015. REUTERS/Emmanuel Braun
World+Biz

Military spending saw biggest increase in a decade in 2019