The wars in Ukraine and the Middle East, and pressure from Trump, helped drive a massive boost in global military spending last year, a Swedish think tank says.

G lobal military spending reached a record high of $2.7 trillion last year, according to the latest data by the Stockholm ...

“Many countries have also committed to raising military spending, which will lead to further global increases in the coming years,” the report said. The United States remains by far the world ...

The world is now rearming at the fastest rate since the Cold War, with a 9.4 percent increase in military spending around the world – the highest rate in figures going back to 1988.

U.S. President Donald Trump has demanded that NATO allies ramp up their military spending to 5% of GDP, a level that not even the United States currently hits. Schoof said Rutte had written to NATO's ...

However, put together, these two great powers are responsible for almost half of the global military spending during this past year. Other significant defence budget spikes occurred in countries ...

Several European countries had seen “unprecedented” rises in their military spending, the report noted. In real terms, spending rose by 9.4 per cent globally compared to 2023, with 2024 ...

Schoof said Rutte had written to NATO's 32 member countries calling for them to reach 3.5 percent of GDP on "hard military spending" and 1.5 percent of GDP on "related spending such as ...