The Japan Times - Global military spending surges on insecurity: report

EUR -
AED 4.284853
AFN 76.4025
ALL 92.639107
AMD 426.251353
ANG 2.087956
AOA 1070.936207
ARS 1760.725237
AUD 1.632118
AWG 2.094042
AZN 1.984636
BAM 1.956055
BBD 2.349546
BDT 143.258664
BGN 1.978975
BHD 0.439748
BIF 3488.125001
BMD 1.166597
BND 1.482493
BOB 13.421403
BRL 6.014736
BSD 1.166522
BTN 111.636674
BWP 15.631036
BYN 3.495555
BYR 22865.301011
BZD 2.346145
CAD 1.614943
CDF 2656.925726
CHF 0.935731
CLF 0.027053
CLP 1064.717759
CNY 7.84204
CNH 7.843341
COP 3578.664594
CRC 528.555271
CUC 1.166597
CUP 30.91482
CVE 110.564213
CZK 24.106676
DJF 207.327383
DKK 7.477659
DOP 68.053412
DZD 155.207529
EGP 59.164079
ERN 17.498955
ETB 187.241448
FJD 2.585647
FKP 0.854994
GBP 0.855874
GEL 3.03898
GGP 0.854994
GHS 13.036703
GIP 0.854994
GMD 86.32794
GNF 10239.809661
GTQ 8.90216
GYD 244.065522
HKD 9.142311
HNL 31.357787
HRK 7.536915
HTG 152.615959
HUF 362.981405
IDR 20670.932072
ILS 3.501545
IMP 0.854994
INR 111.670572
IQD 1528.242057
IRR 1603575.058148
ISK 141.044668
JEP 0.854994
JMD 184.564046
JOD 0.827153
JPY 185.595098
KES 151.004584
KGS 102.018651
KHR 4715.968136
KMF 493.470452
KPW 1049.937634
KRW 1613.01863
KWD 0.359988
KYD 0.972127
KZT 533.685807
LAK 26190.102498
LBP 104468.760557
LKR 383.719993
LRD 211.912369
LSL 18.71278
LTL 3.444658
LVL 0.705663
LYD 7.378709
MAD 10.796843
MDL 20.158626
MGA 5045.531654
MKD 61.538017
MMK 2449.54877
MNT 4193.060126
MOP 9.415927
MRU 46.781423
MUR 53.984257
MVR 18.035487
MWK 2026.378709
MXN 19.762266
MYR 4.716087
MZN 74.55134
NAD 18.712531
NGN 1571.417242
NIO 42.81776
NOK 10.854486
NPR 178.623272
NZD 1.958337
OMR 0.448537
PAB 1.166522
PEN 3.91218
PGK 5.152276
PHP 71.996545
PKR 323.876516
PLN 4.309001
PYG 7010.913418
QAR 4.25166
RON 5.255476
RSD 117.344523
RUB 97.819595
RWF 1714.897576
SAR 4.386627
SBD 9.355379
SCR 16.303054
SDG 701.704642
SEK 11.079667
SGD 1.481485
SHP 0.864292
SLE 28.756812
SLL 24462.954687
SOS 666.711916
SRD 44.064115
STD 24146.20235
STN 24.906846
SVC 10.20733
SYP 15168.093959
SZL 18.700287
THB 38.159121
TJS 10.779304
TMT 4.094755
TND 3.384881
TOP 2.808886
TRY 56.111312
TTD 7.919828
TWD 37.140831
TZS 3091.479632
UAH 52.181298
UGX 4345.566163
USD 1.166597
UYU 46.756092
UZS 13818.341374
VES 914.241587
VND 30533.926327
VUV 138.269217
WST 3.168368
XAF 656.0256
XAG 0.016918
XAU 0.000251
XCD 3.152786
XCG 2.102474
XDR 0.824845
XOF 659.127378
XPF 119.331742
YER 276.593043
ZAR 18.691797
ZMK 10500.771346
ZMW 22.135315
ZWL 375.643755
  • RBGPF

    1.3300

    69.89

    +1.9%

  • CMSC

    0.1264

    21.228

    +0.6%

  • BCC

    -0.2300

    82.24

    -0.28%

  • NGG

    0.6600

    80.42

    +0.82%

  • RELX

    0.4800

    36.39

    +1.32%

  • JRI

    -0.0100

    12.37

    -0.08%

  • BCE

    0.1400

    23.85

    +0.59%

  • RYCEF

    0.1900

    20.44

    +0.93%

  • CMSD

    0.0800

    21.06

    +0.38%

  • RIO

    -0.5000

    104.8

    -0.48%

  • GSK

    -0.6300

    51.78

    -1.22%

  • BTI

    0.5000

    56.71

    +0.88%

  • VOD

    0.0200

    15.98

    +0.13%

  • BP

    -1.0200

    43.74

    -2.33%

  • AZN

    0.7300

    166.71

    +0.44%

Global military spending surges on insecurity: report
Global military spending surges on insecurity: report / Photo: Olga MALTSEVA - AFP

Global military spending surges on insecurity: report

Global military spending reached nearly $2.9 trillion in 2025, marking an 11th consecutive year of growth, researchers said Monday, as insecurity and rearmament fuelled defence budgets.

Text size:

The three top spenders -- the United States, China and Russia -- spent a combined total of $1.48 trillion, just over half of global expenditure.

Spending rose by 2.9 percent compared with 2024, despite a reduction by the US, the world's biggest spender, according to a report by the Stockholm International Peace Research Institute (SIPRI).

Researcher Lorenzo Scarazzato told AFP the decrease from the US was more than offset by increases in Europe and Asia, as the world marked "another year of wars and increased tensions".

Scarazzato said this was also reflected in the global "military burden" -- the share of worldwide GDP devoted to military spending -- which reached its highest level since 2009.

"Everything points to a world that feels less secure and is spending on its military to compensate for the global landscape," he said.

The US spent $954 billion, 7.5 percent less than in 2024, largely because no new financial military aid to Ukraine was approved. By contrast, Washinhton pledged a total of $127 billion to Kyiv over the previous three years.

But the decrease is expected to be short-lived as the US Congress has approved spending of over $1 trillion for 2026, which could rise to $1.5 trillion in 2027 if US President Donald Trump's budget proposal passes.

The main driver of the global increase was Europe -- including Russia and Ukraine -- where spending surged 14 percent to $864 billion.

"That is driven by two major factors. One is the ongoing war in Ukraine, and the other is the decreased US engagement with Europe," Scarazzato said.

He explained that the US is "pushing for Europe to take more care of its own defence".

Germany, the fourth-largest spender, raised expenditure by 24 percent in 2025 to $114 billion.

Spain also recorded a 50 percent jump to $40.2 billion, pushing military spending above two percent of GDP for the first time since 1994.

- Middle East tensions -

The ongoing war in Ukraine saw both Russia and Ukraine increase their military spending, with each recording the highest share of government spending allocated to the military.

Russia's spending rose 5.9 percent to $190 billion, equivalent to 7.5 percent of GDP.

Ukraine meanwhile boosted spending by 20 percent to $84.1 billion -- a staggering 40 percent of GDP.

Despite persistent tensions in the Middle East, expenditure in the region rose only marginally, by 0.1 percent, to $218 billion.

While most countries in the region increased spending, Israel and Iran actually recorded declines.

In Iran, it fell 5.6 percent to $7.4 billion, but this was mostly due to high annual inflation of 42 percent. In nominal terms, spending actually rose.

Israel's 4.9 percent drop to $48.3 billion reflected a reduced intensity in the Gaza war after a January 2025 ceasefire deal, the researchers explained, while noting Israeli spending was still 97 percent higher than in 2022.

In Asia and Oceania, spending reached $681 billion, an 8.5 percent increase from 2024 -- the region's largest annual increase since 2009.

Scarazzato said the "major player" in the region was China, which has been increasing spending every year for the past three decades, and spent an estimated $336 billion in 2025.

"But perhaps what's interesting is the reaction of some other states, such as South Korea, Japan, and Taiwan, reacting to the threat perception," he said.

Japan raised military expenditure by 9.7 percent, to $62.2 billion in 2025, equivalent to 1.4 percent of GDP -- its highest share since 1958 -- while Taiwan increased its spending by 14 percent to $18.2 billion.

Y.Hara--JT