SIPRI Reports Unprecedented Rise in Global Military Expenditure
5 pages · PDF · 06 May 2025 · Licensed single-user copy, watermarked to the buyer
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About this report
Global military spending surged to an all-time high in 2024, with the pace of increase reaching a level not seen since the Cold War, according to a new report by the Stockholm International Peace Research Institute (SIPRI). World defence expenditures totaled an estimated $2.72 trillion last year, up 9.4% in real terms from 2023.
SIPRI characterized this jump as “unprecedented” in the post-Cold War era, driven largely by the war in Ukraine and heightened tensions in East Asia and the Middle East. Over 100 countries increased their military budgets in 2024, reflecting a global prioritization of security amid multiple conflicts.
Key questions this report answers
- What did SIPRI report about the scale of global military spending reaching $2.72 trillion in 2024?
- Why did SIPRI characterize the 9.4% real-terms increase as unprecedented in the post-Cold War era?
- How did the war in Ukraine and tensions in East Asia and the Middle East drive the 2024 spending surge?
- What does over 100 countries increasing military budgets in 2024 signal about global security prioritization?
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Strategy, corporate-development and investment teams that need an ecosystem-level view — budgets, industrial capacity and technology landscapes — before committing capital or capacity.
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DFM reports are built from primary and official sources — TED procurement notices, CORDIS and the EU Funding & Tenders Portal, EIB operations, the NATO Innovation Fund portfolio, SIPRI data, official budget documents and company disclosures — read together with the underlying legal texts. Sources are cited in the document; it reflects them as of its publication date (06 May 2025). You receive a 5-page PDF, watermarked to you on every page, delivered on the confirmation page and by e-mail immediately after checkout (personal link valid 72 hours, up to 5 downloads). Guest checkout, single-user licence — Terms of Sale.
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