The idea that defense spending should somehow be a consistent percentage of GDP is as fallacious as it is wasteful. Consider a recent Washington Post editorial. It oddly asserted that “Throughout the ...
In addition to providing the latest numbers, SIPRI researchers also raised a concern about transparency.
NATO countries need to hit the alliance's target of spending 5% of gross domestic product (GDP) on defence five years ahead ...
Among the continent's five largest economies, and despite a slight decrease in military spending in 2025, the UK remains the ...
Context — In early February, the Parliamentary Budget Officer (PBO) published a quantitative analysis of the budgetary implications of Prime Minister Mark Carney’s plan to increase defense spending to ...
Global military spending surged by almost 3% in 2025, fueled largely by ballooning defense expenditures in Europe and Asia, ...
Military spending across the globe hit a record high of nearly $2.9 trillion in 2025, the 11th consecutive year it’s grown, ...
Global military spending climbed to nearly $2.9 trillion in 2025, marking an 11th straight year of growth as rising insecurity and rearmament boosted defence budgets, researchers said on Monday.
Military spending around the world reached a new all-time high in 2025 to mark an 11th consecutive year of growth, a report ...
The Defence Department reveals where the money will be going as Australia plans to spend a record $425 billion over the next decade.