SIPRI: military spending up 10% worldwide in a year, 31% in Poland
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Global military spending rose nearly 10% in the past year, reaching $2.718 trillion—the highest increase since the Cold War, according to SIPRI. Spending grew particularly in Europe, up 17%, driven by Russia’s 38% rise to $149 billion, amounting to 7.1% of its GDP.
Ukraine allocated 34% of its GDP to defense. Germany increased military spending by 28% to $88.5 billion, while Poland’s rose 31% to $38 billion (4.2% of GDP). U.S. military spending grew 5.7% to $997 billion, focusing heavily on nuclear modernization. China increased its defense budget by 7% to $314 billion. In the Middle East, Israel’s military spending surged by 65%, while Iran’s declined by 10% due to sanctions.
