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SIPRI: Global military spending grows by record 6 8% in 2023

SIPRI: Global military spending grows by record 6 8% in 2023
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Saudi arabiaUnited statesArms production programmeStockholm international peace research instituteNan tianSenior researcherArms production

Year of war, tensions pushes military spending to record $ 2 4 trillion in 2023

Year of war, tensions pushes military spending to record $ 2 4 trillion in 2023
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United statesLorenzo scarazzatoStockholm international peace research instituteArms production programmeMilitary expenditureNan tian

World Military Expenditure Hits All-Time High, India Among Top 5 Spenders: Think Tank

Military spending rose by 6.8 percent in 2023, the "steepest year-on-year increase since 2009," according to the report

Saudi arabiaIsrael generalUnited statesStockholm international peace research instituteArms production programmeInternational peace research instituteMiddle eastNan tianSenior researcherArms productionWorld military expenditureIndia military spendingStockholm international peace research institute

SIPRI report: Global military spending surges amid rising geopolitical tensions, India s defence budget increases

SIPRI report: Global military spending surges amid rising geopolitical tensions, India s defence budget increases
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New delhiUnited statesArms production programmeStockholm international peace research instituteDefence budgetFinancial yearMiddle eastDiego lopesSenior researcherArms production

Global military spending reached $2 4 trillion after 7% hike in 2023

STOCKHOLM: The global military spending witnessed a significant 7% hike to reach $2.43 trillion in 2023 amid various ongoing conflicts that continue to fuel the demand for military.

United statesZabaykal skiy krayLorenzo scarazzatoArms production programmeStockholm international peace research instituteAtlantic treaty organisation natoNorth atlantic treaty organisation