Understanding international army expenditure | Quantity Concept
Apr 29, 2025 08:23 AM IST
How is army spending rising world wide? The place does India match into this development? The charts beneath discover these intimately
World army expenditure has touched a file excessive, rising sharply amid wars, geopolitical tensions, and a renewed international arms race. In 2024, international army spending grew 9.4% in actual phrases to succeed in $2.7 trillion, in response to the “Traits in World Army Expenditure 2024” report launched by the Stockholm Worldwide Peace Analysis Institute (SIPRI). That is the very best quantity ever recorded, and the sharpest year-on-year enhance since at the least 1988.
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