Global powers boost military budgets by record percent
#MilitarySpending #GlobalDefense #SIPRI2024
www.youtube.com/watch?v=xOZ_...

– 🇯🇵 🇰🇷 🇹🇼 🇦🇺 ramp up defense budgets
– U.S. boosts "integrated deterrence" efforts
– Tensions sharpen in Taiwan Strait & South China Sea
#IndoPacific #NationalSecurity

📖 Full details via SIPRI:
🔗 sipri.org/sites/default/files/2025-04/2504_fs_milex_2024.pdf
#Defense #Geopolitics #SIPRI2024

Global Military Spending Hits Record High in 2024 According to the latest report from the Stockholm International Peace Research Institute (SIPRI), world military expenditure surged to an unprecedented $2.72 trillion in 2024, marking a 9.4% increase from the previous year—the steepest annual rise since the end of the Cold War. Key Highlights: Top Spenders: The United States led with $997 billion, followed by China ($314B), Russia ($149B), Germany ($88.5B), and India ($86.1B). Europe's Surge: European military spending, including Russia, rose by 17% to $693 billion, surpassing Cold War levels. Ukraine's Burden: Ukraine allocated 34% of its GDP to military expenditure, the highest globally. Middle East Increase: Israel's military spending jumped by 65% to $46.5 billion amid ongoing conflicts. NATO Spending: NATO members collectively spent $1.506 trillion, accounting for 55% of global military expenditure. These figures reflect escalating geopolitical tensions and a global shift towards prioritizing military capabilities. 📖 Dive deeper into the data: SIPRI Report PDF #MilitarySpending #GlobalSecurity #SIPRI2024 #DefenseBudget #Geopolitics

🌍 Global Military Spending Hits Record High in 2024
World military expenditure surged to $2.72 trillion — the steepest rise since the Cold War.

A thread 🧵👇

#MilitarySpending #SIPRI2024 #GlobalSecurity