About: SIPRI

Military spending saw biggest increase in a decade in 2019

Global military expenditure saw its biggest uptick in a decade in 2019 rising to $1.9 trillion, according to the latest survey by the Swedish Peace Research Institute (SIPRI) published on Monday (27 April), marking the first year two Asian countries were among the top three spenders.

Global military spending in 2018 reached post-Cold War peak

In 2018, countries invested as much money in the military as they did in 1988, before the end of the Cold War, the latest data by the Stockholm Peace Research Institute (SIPRI) shows. World military expenditure is estimated to have hit...
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