UP

World military spending hits $2.7 trillion in record 2024

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
World military spending hits $2.7 trillion in record 2024

Global military spending surged to a record $2.72 trillion in 2024, rising 9.4% from 2023—the largest annual increase since the Cold War, according to SIPRI.

Axar.az, citing Reuters, reports that spending rose sharply across all regions, especially in Europe and the Middle East.

Russia boosted its military budget by 38% to $149 billion, while Ukraine spent $64.7 billion, allocating all tax revenues to defense.

U.S. military spending grew by 5.7% to $997 billion, accounting for 37% of global military expenditure and 66% of NATO’s total.

Date
2025.04.28 / 17:13
Author
Axar.az
See also

Erdogan: Positive outcome expected in F-35 talks with US

Pezeshkian reaffirms diplomacy in message to Pope

Mystery drone hits Turkiye's Black Sea coastal city

Train collision in Bangkok kills at least 8

Diplomats briefed ahead of World Urban Forum in Baku

Peskov recalls being forced to study Turkish

Ebola outbreak kills 80 in eastern DR Congo

US could 'knock everything out in two days' in Iran

Putin to visit China on May 19–20

Iranian hackers behind gas station tank system breaches

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla