
World military spending rose again in 2025, reaching a record $2.9 trillion (€2.67 trillion), according to new figures from Stockholm-based global armament watchdog SIPRI. This comes as governments responded to war, strategic rivalry and uncertainty, with Europe and Asia leading the push for rearmament.
"Another year of wars, uncertainty and geopolitical upheaval" reflects the trend, according to SIPRI, which warns that military budgets were likely to "keep rising" through 2026 and beyond.