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The data, which replaces all military spending data previously published by sipri, comes from the updated sipri military expenditure database. All nato member nations increased their military spending, too, with 18 countries spending at least 2% of their gdp during 2024, which sipri said was the highest number of nato members. Using data from the stockholm international peace research institute (sipri), we examine which countries allocate the most resources to their military, how global priorities have shifted, and what these trends reveal about power and security in the 21st century.
This infographic ranks the world’s top military spenders in 2024, based on total expenditure This marks the 10 th consecutive annual rise. The data comes from the stockholm international peace research institute (sipri) and reflects spending on equipment, personnel, operations, research, and other military expenditure.
The list is topped by the united states and china
The united states retained the first position with a defence expenditure of $997 billion, accounting for 37% of the global share This figure corresponds to 3.4% of the u.s Military spending increased by 5.7%. The 2024 sipri report highlights significant increases in global military spending across all regions, driven by geopolitical tensions, war in ukraine, and regional conflicts.
Discover key insights from the sipri 2024 report on global military spending trends, highlighting defense budgets, regional shifts, and global security dynamics. Global military spending reached $2.7 billions, representing a 9.4% increase in 2024 compared to the previous year, according to sipri estimates—marking the largest rise in recent history, with a nearly 20% increase in just three years. According to a new report published by sipri, the global military expenditure surged to $2718 billion in 2024, its highest rate since the end of the cold war
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