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Nan Tian

Nan Tian

Director, SIPRI Military Expenditure and Arms Production Programme

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Global military spending hits record as Europe drives rearmament cycle

Money Moves

Lead voice interpreting the 2025 spending data

Europe's defense budgets jumped 14% last year to $864 billion, the steepest annual rise since the Cold War. Germany alone added 24%, reaching $114 billion and overtaking every other European spender. Meanwhile, US military spending fell 7.5% to $954 billion as Congress declined to authorize new Ukraine aid during 2025. The world's military burden — defense as a share of gross domestic product — climbed to 2.5%, its highest level since 2009.

Updated 3 hours ago