Global military spending reaches record 2.9 trillion dollars

Global military spending reached a record 2.9 trillion dollars in 2025, according to a report from the Stockholm International Peace Research Institute published October 27.

This expenditure accounts for 2.5 percent of the global gross domestic product. The Stockholm International Peace Research Institute notes a growing gap between these military funds and the resources needed for humanitarian emergencies as international development aid continues to decline. Data from the Organization for Economic Cooperation and Development shows that related credits began decreasing in 2024, though the Stockholm International Peace Research Institute identifies the slowdown in structural development aid as having begun in 2021.