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Global military spending hits record $2.9 trillion in 2025 amid growing insecurity

Global military spending hits record $2.9 trillion in 2025 amid growing insecurity

Summary

Global military spending reached nearly $2.9 trillion in 2025, marking the 11th year in a row of growth, driven by rising insecurity and rearmament. The United States, China, and Russia together accounted for more than half of the total spending.

Key Facts

  • Total global military spending in 2025 was about $2.9 trillion, an increase of 2.9% from 2024.
  • The US, China, and Russia spent a combined $1.48 trillion, more than half of the global total.
  • US spending fell by 7.5% to $954 billion due to less new military aid to Ukraine.
  • Europe’s military spending rose by 14% to $864 billion, influenced by the war in Ukraine and reduced US involvement.
  • Germany increased its military budget by 24% to $114 billion, and Spain’s spending grew by 50% to $40.2 billion.
  • Russia’s military spending went up 5.9% to $190 billion, about 7.5% of its GDP.
  • Ukraine raised its military budget by 20% to $84.1 billion, which is 40% of its GDP.
  • Military spending in the Middle East rose slightly to $218 billion, with Israel and Iran reducing their spending.
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