Global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion, with the sharpest increase — 13% — in Europe, largely due to Russian and Ukrainian spending, according to a Swedish think tank.
Global military spending grew for the eighth consecutive year in 2022 to an all-time high of $2.24 trillion, with the sharpest increase — 13% — in Europe, largely due to Russian and Ukrainian spending, according to a Swedish think tank.
