Global Military Spending Reaches All-Time High in 2023

The United States leads with unprecedented military expenditure as global tensions escalate.

Global military spending surged by 6.8% in 2023, marking the highest increase since 2009.
The United States remains the top spender, contributing significantly to NATO's overall expenditure.
All regions worldwide, including Europe, Asia, and the Middle East, saw increases in military budgets.
Rising global conflicts and security concerns are driving nations to boost their defense spending.
Russia and Ukraine significantly increased their military budgets amid ongoing conflicts.