Defense Budgets in an Uncertain Security Environment - CSIS
This chapter explores trends in global defense spending, particularly since Russia’s 2022 invasion of Ukraine. It first tracks changes in spending levels from NATO allies and the United States in the …
Business is booming for defense contractors - reuters.com
Dec 9, 2025 · Europe’s increase in defense spending outpaced other regions, jumping 17% from 2023 to 2024. In comparison, over the three years prior to the Russia-Ukraine war, Europe’s military spending ...
Economics of the Russian-Ukrainian War (2022–2024): Analytical Review
Oct 12, 2025 · Russia's full-scale war against Ukraine, which began in February 2022, has led to an unprecedented increase in military spending and severe economic consequences for both countries, …
A New Era of Global Defense Spending: Key Trends and What’s Ahead
Jun 13, 2025 · Leading the Charge: Top Defense Spenders The world’s top 20 defense spenders accounted for 82.4% of global military outlays in 2024—nearly $1.9 trillion. Among the fastest …
Global military spending surge likely to drive more public debt
May 29, 2025 · Europe contributed a big part of the global military spending increase in 2024. Its collective outlays rose by nearly a fifth when including Russia, which was in its third year of an …
Unprecedented rise in global military expenditure as European and ...
Apr 28, 2025 · With the war in Ukraine in its third year, military expenditure kept rising across the continent, pushing European military spending beyond the level recorded at the end of the cold war.
Ukraine and Russia, both among the top 10 countries in total military spending, have experienced dramatic increases in their defense budgets, both in absolute terms and as a percentage of GDP, …
From Peace Dividend to Defense Buildup: Fiscal Implications of Rising ...
May 27, 2021 · Military spending has surged worldwide in the wake of Russia’s invasion of Ukraine in 2022 and growing tensions in Asia and the Middle East. This resurgence comes just as global public …
The Military Balance 2025: Defence Spending and Procurement Trends
Feb 12, 2025 · The globally recognised source for data and analysis on defence policy, military capabilities, defence spending, procurement and industry, and the impact of new technologies on …
UN Press Release | Rebalancing world military spending for a ...
9 September 2025, New York – Following a decade-long military build-up, global military spending hit a record high in 2024, soaring by more than nine per cent from 2023 and signaling a dangerous ...