Global Military Spending Rises, Driven by European Defense Expenditure, Report Finds

A recent report from SIPRI indicates that global military spending increased by 2.9 percent in 2025, reaching nearly $2.9 trillion. This marks the eleventh consecutive year of growth, with European defense expenditure being a primary driver, rising by 14 percent. The report highlights ongoing rearmament efforts among European NATO members, alongside continued spending by Russia and Ukraine.