Military ❯Military Expenditure

Global Military Spending

China vs USA Regional Military Trends Regional Military Spending NATO Spending Country Comparisons

Global Military Spending Hits Record $2.7 Trillion in 2024, Driven by Conflicts and Tensions

A 9.4% increase marks the steepest annual rise since 1988, with the U.S. and China accounting for nearly half of all expenditures.

Global Military Spending Hits $2.72 Trillion in 2024, Marking Steepest Post-Cold War Rise