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

First European flight lands in Caracas since Maduro’s ouster

Witkoff says ‘meaningful progress’ made in Ukraine talks

Russia strikes Ukraine amid Geneva talks - Zelensky

Five injured in New York church explosion

Hillary Clinton: Bill had no close ties to Epstein

Progress in Iran talks, gaps remain - US

Third round of Russia-Ukraine talks ended

Iran to temporarily close part of the Strait of Hormuz

Greek PM cancels Abu Dhabi visit

Iran–US talks held with Khamenei’s approval

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