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Global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion, with the sharpest increase -- 13% -- in Europe, largely due to Russian and Ukrainian spending, according to a Swedish think tank.
A Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion
Amid Russia's war against Ukraine, European military spending surpassed Cold War levels for the first time, Stockholm International Peace Research Institute has reported.
A Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion.
A Sweden-based watchdog says global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion