In 2023, the greatest growth of the last decade was recorded in terms of global military spending, which reached its historic high for a total sum of 2.4 trillion dollars driven by Asia-Pacific tensions (Taiwan ) and the conflict between Israel and Hamas (as well as Iran).
This is the data from the latest report published on April 22 by Sipri (Stockholm International Peace Research Institute), from which another interesting fact also emerges: the greatest increases at a geographical level concerned Asia, the Middle East and partly the Europe due to the war between Russia and Ukraine which has been dragging on for over two years.
“Total military spending is at an all-time high” senior researcher Sipri Nan Tian underlines to AFP, according to which “we have witnessed an increase in spending in all five geographical regions.”
In numerical terms, the in-crease in military spending is 6.8% and represents “the most significant on an annual basis since 2009” as the expert adds. “[This increase] is a reflection of the deterioration – he adds – of peace and security in the world,” also because “there is no region in which the situation has improved.” At country level, among the top five for military spending in the annual Sipri report are: United States, China, Russia, India and Saudi Arabia.