Global nuclear weapons spending surges Investment in nuclear weapons has increased by 13% to a record $91.4 billion during 2023, driven by a sharp rise in U.S. defence budgets amid growing geopolitical tensions SHARE OF GLOBAL SPENDING, 2023 Percentage change from 2022 China $11.9bn 6.7% Russia $8.3bn 6.1% UK $8.1bn 17.1% France $6.1bn 5.7% India $2.7bn 2.5% Israel $1.1bn 2.4% Pakistan $1bn 12.5% North Korea $0.86bn 4.7% U.S. $51.5bn 17.8% U.S. spent more than all other nuclear- armed countries combined TOTAL $91.4 billion 13.4% Equivalent to $2,898 per second TOTAL SPENT OVER 5 YEARS (2019-23, $ billions) U.S. 212.2 China 53.4 Russia 37.3 UK 32.2 France 27.1 India 11.6 Israel 5.2 N. Korea 4.2 Pakistan 3.9 TOTAL $386.9bn – spending has surged by $23.2bn, or 34%, over last five years Picture: U.S. Department of Defense Source: International Campaign to Abolish Nuclear Weapons (ICAN) © GRAPHIC NEW