{"id":9227,"date":"2025-04-28T14:38:52","date_gmt":"2025-04-28T11:38:52","guid":{"rendered":""},"modified":"2025-04-28T14:40:11","modified_gmt":"2025-04-28T11:40:11","slug":"global-military-spending-hits-record-high-in-2024-sipri-reports","status":"publish","type":"post","link":"https:\/\/harici.com.tr\/en\/global-military-spending-hits-record-high-in-2024-sipri-reports\/","title":{"rendered":"Global military spending hits record high in 2024, SIPRI reports"},"content":{"rendered":"<p data-spacing=\"double\">According to the annual report published by the Stockholm International Peace Research Institute (SIPRI), total global military expenditures reached an all-time high of $2.718 trillion in 2024, a 9.4% increase from the previous year.<\/p>\n<p data-spacing=\"double\">This figure represents 2.5% of the global Gross Domestic Product (GDP).<\/p>\n<p data-spacing=\"double\">The report, titled <span style=\"color: #0000ff;\" data-darkreader-inline-color=\"\"><a style=\"color: #0000ff;\" spellcheck=\"false\" href=\"https:\/\/reliefweb.int\/report\/world\/sipri-fact-sheet-april-2024-trends-world-military-expenditure-2023-encasv\" target=\"_blank\" rel=\"noopener noreferrer nofollow\" data-darkreader-inline-color=\"\">Trends In World Military Expenditure<\/a><\/span>, 2024, states that this increase is the sharpest rise seen since 1988, and per capita military spending reached its highest level since 1990 at $334.<\/p>\n<p data-spacing=\"double\">According to the report, 80% of global expenditures ($2.185 trillion) and 79% of the total increase belong to just 15 countries.<\/p>\n<p data-spacing=\"double\">Analysts noted that the countries with the largest increases in spending in 2024 were Israel (65%) and Russia (38%), linking this to the conflicts in Ukraine and the Gaza Strip.<\/p>\n<p data-spacing=\"double\">While there were minor changes in the ranking of the top five countries with the highest defense spending, the top three remained unchanged.<\/p>\n<p data-spacing=\"double\">The US, China, and Russia maintained their leading positions. Germany rose to fourth place, while India dropped to fifth.<\/p>\n<p data-spacing=\"double\">The ranking of other countries in the top 10 largely remained the same; Saudi Arabia moved into seventh place, which was held by Germany in 2023.<\/p>\n<p data-spacing=\"double\">Top 10 Countries and Their Expenditures (2024):<\/p>\n<p data-spacing=\"double\">1) US: $997 billion (3.4% of national GDP, 37% of global expenditures)<\/p>\n<p data-spacing=\"double\">2) China: $314 billion (1.7% of GDP, 12% of global expenditures)<\/p>\n<p data-spacing=\"double\">3) Russia: $149 billion (7.1% of GDP, 5.5% of global expenditures) \u2013 SIPRI estimate<\/p>\n<p data-spacing=\"double\">4) Germany: $88.5 billion (1.9% of GDP, 3.3% of global expenditures)<\/p>\n<p data-spacing=\"double\">5) India: $86.1 billion (2.3% of GDP, 3.2% of global expenditures)<\/p>\n<p data-spacing=\"double\">6) United Kingdom: $81.8 billion (2.3% of GDP, 3% of global expenditures)<\/p>\n<p data-spacing=\"double\">7) Saudi Arabia: $80.3 billion (7.3% of GDP, 3% of global expenditures) \u2013 SIPRI estimate<\/p>\n<p data-spacing=\"double\">8) Ukraine: $64.7 billion (34% of GDP, 2.4% of global expenditures)<\/p>\n<p data-spacing=\"double\">9) France: $64.7 billion (2.1% of GDP, 2.4% of global expenditures)<\/p>\n<p data-spacing=\"double\">10) Japan: $55.3 billion (1.4% of GDP, 2% of global expenditures)<\/p>\n<p data-spacing=\"double\">US military spending is shaped by the goals outlined in the 2022 National Defense Strategy: deterring Russia in the short term and China in the long term.<\/p>\n<p data-spacing=\"double\">Washington allocated $246 billion for &#8220;integrated deterrence&#8221; in 2024. Of this budget, $37.7 billion was spent on modernizing the nuclear arsenal, $29.8 billion on missile defense systems, $61.1 billion on weapons for F-35 fighter jets, and $48.1 billion on new ships.<\/p>\n<p data-spacing=\"double\">Additional expenditures included $48.4 billion in aid to Ukraine and $10.6 billion in aid to Israel.<\/p>\n<p data-spacing=\"double\">China, whose military spending has increased continuously for the past 30 years, is investing in the comprehensive modernization of its armed forces and aims to complete this process by 2035.<\/p>\n<p data-spacing=\"double\">Last year, Beijing particularly developed low-visibility fighter jets, unmanned aerial vehicles (UAVs), and unmanned underwater vehicles.<\/p>\n<p data-spacing=\"double\">China also continues to expand its nuclear arsenal and has begun establishing aerospace and cyber forces.<\/p>\n<p data-spacing=\"double\">According to SIPRI&#8217;s estimates, Russia&#8217;s military spending increased by 38% in 2024 compared to 2023.<\/p>\n<p data-spacing=\"double\">Analysts note that after the large-scale conflict began in Ukraine in 2022, Russia&#8217;s budget became much less transparent, and military spending is likely higher than the institute&#8217;s estimate of $149 billion.<\/p>\n<p data-spacing=\"double\">According to the report, a significant portion of these funds went to financing arms purchases and subsidies for some arms manufacturers.<\/p>\n<p data-spacing=\"double\">Another major expenditure item was military personnel payments, which reached $9.4 billion as of October 2024.<\/p>\n<p data-spacing=\"double\">SIPRI states that it provides approximate estimates for Russia, China, and Saudi Arabia. Sergey Chemezov, Head of Russia&#8217;s state-owned defense industry company Rostec, criticized SIPRI&#8217;s calculation methodology regarding defense sector companies, stating, &#8220;We do not publish this data, like other countries such as China; it is confidential. Where do they get the data? They make it up.&#8221;<\/p>\n<p data-spacing=\"double\">Germany rose from seventh place to fourth in 2024, becoming Europe&#8217;s largest military spender for the first time since reunification in 1990.<\/p>\n<p data-spacing=\"double\">Berlin continues to replenish the \u20ac100 billion off-budget fund created in 2022 to increase the military budget. This fund partially finances arms purchases and military research.<\/p>\n<p data-spacing=\"double\">In 2024, Germany provided $7.7 billion in military aid to Ukraine, becoming the second-largest donor after the US.<\/p>\n<p data-spacing=\"double\">India, on the other hand, dropped from fourth to fifth place in 2024. The country, one of the world&#8217;s largest arms importers, aims to reduce its dependence on imports and allocates approximately 22% of its military spending to domestic procurement.<\/p>\n<p data-spacing=\"double\">While New Delhi has made significant progress in producing armored vehicles, helicopters, and submarines in recent years, it is still dependent on imports for advanced systems such as fighter jets.<\/p>\n<p data-spacing=\"double\">Ukraine&#8217;s expenditure of $64.7 billion represents 34% of its GDP, making it the country with the largest military burden in the world by this measure. All of the country&#8217;s tax revenues are directed towards defense spending, while non-military socio-economic needs are met through foreign aid.<\/p>\n<p data-spacing=\"double\">In 2024, the total military expenditures of the 32 NATO countries amounted to $1.506 trillion, accounting for 55% of global expenditures. Of this figure, $454 billion belonged to European allies.<\/p>\n<p data-spacing=\"double\">All European countries except Iceland (which does not have a standing army) increased their defense spending in 2024.<\/p>\n<p data-spacing=\"double\">Alliance members spent an average of 16% more compared to 2023. This increase ranged from 0.4% in Spain to 43% in Romania, while the country that increased its military spending the most over the last decade was Lithuania (plus 272%).<\/p>\n<p data-spacing=\"double\">NATO countries agreed in 2014 to allocate 2% of their GDP to defense. As of 2024, two-thirds of the alliance have reached this target.<\/p>\n<p data-spacing=\"double\">US President Donald Trump, who previously demanded at least 2% spending from European allies, has now increased this demand to 5%.<\/p>\n<p data-spacing=\"double\">According to SIPRI&#8217;s calculations, to reach this target, European allies would have needed to spend an additional $663 billion (143%) on top of their actual expenditures in 2024.<\/p>\n<p data-spacing=\"double\">SIPRI analysts point out that the rapid increase in military spending places a significant financial burden on national budgets. Some governments are redirecting resources from other areas to defense.<\/p>\n<p data-spacing=\"double\">For example, the United Kingdom plans to reduce overseas development aid, while Japan is considering increasing income, corporate, and tobacco taxes.<\/p>\n<p data-spacing=\"double\">Myanmar, on the other hand, cut social programs and increased the share of military spending in its budget from 16% to 29%.<\/p>\n<p data-spacing=\"double\">SIPRI predicts that this situation could lead to negative long-term socio-economic consequences, affecting the most vulnerable segments of the population and deepening economic and social inequalities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>According to the annual report published by the Stockholm International Peace Research Institute (SIPRI), total global military expenditures reached an all-time high of $2.718 trillion in 2024, a 9.4% increase from the previous year. This figure represents 2.5% of the global Gross Domestic Product (GDP). The report, titled Trends In World Military Expenditure, 2024, states [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":9228,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"ep_exclude_from_search":false,"footnotes":""},"categories":[175],"tags":[9540,529,6702,6312,543,9539,503,1092,812,6701,207,683,2969,7733,822,1192],"class_list":["post-9227","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-diplomacy","tag-arms-purchases","tag-china","tag-defense-budget","tag-defense-spending","tag-germany","tag-global-military-expenditure","tag-headline","tag-india","tag-israel","tag-military-spending","tag-nato","tag-russia","tag-sipri","tag-stockholm-international-peace-research-institute","tag-ukraine","tag-united-states"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global military spending hits record high in 2024, SIPRI reports - 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