Global military spending surges on insecurity: report
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Source: The Korea Herald
Published: 2026-04-27 14:07 UTC+10:00
Section: All News
Factuality Score: 100
Opinion Category: Neutral
Topics: Defence, Asia, Europe, Military & Defence, Ukraine/Russia, China, Tax & Budget, World News, War & Conflict, Asia Pacific
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Snippet:
STOCKHOLM (AFP) -- Global military spending reached nearly $2.9 trillion in 2025, marking an 11th consecutive year of growth, researchers said Monday, as insecurity and rearmament fueled defense budgets. The three top spenders -- the US, China and Russia -- spent a combined total of $1.48 trillion, just over half of global expenditure.
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