Tag Archives | World military spending

  • Global military spending reaches record high

    Global military spending reaches record high

    Originally published: Red Flag on May 8, 2022 by Robert Narai (more by Red Flag)  | (Posted May 24, 2022)

    World military spending has passed U.S.$2 trillion for the first time, according to new data published by the Stockholm International Peace Research Institute (SIPRI). Last year was the seventh consecutive year that world military spending increased; total expenditure has almost doubled this century.