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Military spending in Europe sharply rose in 2022. Across the globe, military spending hit an all time high of $2.24 trillion. The growth is partially due to Russia's war in Ukraine.
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Military aid to Ukraine and concerns about a heightened threat from Russia ‘strongly influenced many other states’ spending decisions’
Global military spending grew for the eighth consecutive year in 2022 to an all-time high of US$2.24 trillion, with a sharp rise in Europe, chiefly due to Russian and Ukrainian expenditure, a Swedish think tank said Monday.
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.