Page 28 - Diego Lopes News Today

Military spending worldwide rose 3.7 percent in 2022 to a record $2.24 trillion, with Central and Western Europe experiencing the largest year-on-year increase since the Cold War and Ukraine boosting its outlays to unprecedented levels as it battled invading Russian forces.

The US, China and Russia are in the top three in terms of global military expenditure with 56% of the world total

World military expenditure rose to a record $2.24 trillion in 2022.

Military expenditure globally hit an all-time high of $2.24 trillion in 2022, rising 3.7 percent from the previous year, due largely to Russia's invasion of Ukraine, an international security think tank said on April 24.

Europe's military spending rose by 13% in 2022 while Ukraine's military expenditure hit highest single-year rise of 640%, data shows - Anadolu Ajansı

(Stockholm, 24 April 2023) Total global military expenditure increased by 3.7 per cent in real terms in 2022, to reach a new high of $2240 billion. Military expenditure in Europe saw its steepest year-on-year increase in at least 30 years. The three largest spenders in 2022—the United States, China and Russia—accounted for 56 per cent of the world total, according to new data on global military spending published today by the Stockholm International Peace Research Institute (SIPRI).

Global military expenditure has increased by 3.7 per cent in 2022, to reach a new high of $2240 billion. Europe saw its steepest year-on-year increase in at least 30 years

Sharpest increase in European military spending in 3 decades: SIPRI-

STOCKHOLM: Global military spending rose to a record last year as Russia's war in Ukraine drove the biggest annual increase in expenditure in Europe since the end of the Cold War three decades ago, a leading conflict and armaments think-tank said on Monday (Apr 24). World military expenditure rose by 3.7 p

European states and the US have spent or pledged about $130 billion to Kyiv