Europe’s military spending sets new record Global military expenditure has surged to a record $2.89 trillion in 2025, driven largely by a sharp rise in European budgets amid the war in Ukraine and growing security concerns DEFENCE EXPENDITURE BY REGION* 1988-2025 (constant 2024 $billions) 0 500 1,000 1,500 2,000 2,500 3,000 1990 1995 2000 2005 2010 2015 2020 2025 Africa $58 8.5% Middle East† $218 0.1% Asia & Oceania $681 8.1% Europe $864 14% Americas $1,065 -6.6% 2025: $2.89 trillion – 2.9% increase from 2024. Spending in Europe rises by 14% to $864bn United States $954 billion World share: 33% Spain 40.2 1.4 France 68.0 2.4 114 3.9 Russia† 190 6.6 China† 336 12 Ukraine† 84.1 2.9 UK 89.0 3.1 India 92.1 3.2 S. Arabia† 83.2 2.9 Poland 46.8 1.6 S. Korea 47.8 1.7 Italy 48.1 1.7 Israel 48.3 1.7 Japan 62.2 2.2 TOP SPENDERS (2025, $bn) Germany: Biggest European spender, with budget rising by 24% to $114bn †SIPRI estimate *No total calculated for 1991 due to absence of data for Soviet Union Source: SIPRI Military Expenditure Database, April 2026 Picture: Getty Images © GRAPHIC NEWS