Global military expenditures are projected to reach $2.9 trillion in 2025, an 11th straight year of growth. The United States, China, and Russia accounted for over half of this total expenditure, according to researchers.

Global military spending climbed to nearly $2.9 trillion in 2025, marking an 11th straight year of growth as rising insecurity and rearmament boosted defence budgets, researchers said on Monday. The United States, China and Russia accounted for $1.48 trillion, over half the total, SIPRI said.