The Latest Breaking News from the Stockholm International Peace Research Institute

Global military expenditure is dominated by the United States and China, with 49% of total spending between them. According to the most recent report by the Stockholm International Peace Research Institute, global military spending reached US$2.4 trillion in 2023, a 6.8% increase on 2022.

Global military expenditure saw its steepest increase in over a decade in 2023, reaching an all-time high of $2.4 trillion as wars and rising tensions fuelled spending across the world, researchers said Monday.

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…

Algeria’s arms imports have drastically decreased since 2018, according to a study published recently by the Stockholm International Peace Research Institute (SIPRI). The arms imports of Algeria dropped by 58 percent during the past four years. Algiers and Moscow have been preparing for a year a “strategic document” for cooperation.