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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Study: Highest Military Spending in Europe Since Cold War

A British service member unloads a shipment of Britain's security support package for Ukraine, delivered by a C17 Globemaster III aircraft of the Royal Air Force, at the Boryspil International Airport outside Kyiv, Ukraine, February 9, 2022. REUTERS/Valentyn Ogirenko

Europe's military spending grew at a record pace in 2022, reaching a level unseen since the Cold War following Russia's invasion of Ukraine, global security researchers said Monday.

The rise in Europe helped global military expenditures reach an eighth straight record at $2.24 trillion, or 2.2 percent of the world's gross domestic product, according to the Stockholm International Peace Research Institute (SIPRI).

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