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Global military spending rises 2.9% despite US decline over Ukraine freeze

By Thomson Reuters Apr 26, 2026 | 5:06 PM

By Johan Ahlander

STOCKHOLM, April 27 (Reuters) – Global military spending rose 2.9% in 2025 despite a 7.5% decline in the United States as President Donald Trump halted new ​financial military aid to Ukraine, a report by ‌a conflict think-tank showed on Monday.

Expenditure increased to $2.89 trillion in 2025, rising for the 11th consecutive year and taking spending as a share of global gross domestic product (GDP) to 2.5% – its highest level since 2009, according ‌to ​the data from the Stockholm International Peace ⁠Research Institute (SIPRI).

“Given the range ⁠of current crises, as well as many states’ long-term military spending targets, this growth will probably continue through 2026 and beyond,” SIPRI said in the report.

The top three military spenders, ​the U.S., China and Russia, accounted for a combined $1.48 trillion, or 51% of global spending.

U.S. military spending fell to $954 ⁠billion in 2025, mainly because no ⁠new financial military assistance for Ukraine was approved, ​the report said. In the previous three years, U.S. military funding ​to Ukraine totalled $127 billion.

“The decline in U.S. military expenditure ‌in 2025 is likely to be short-lived,” SIPRI said.

“Spending approved by the U.S. Congress for 2026 has risen to over $1 trillion, a substantial increase from 2025, and could rise further to $1.5 ⁠trillion in 2027,” it said.

The main contributor to higher global spending was a 14% rise in Europe to $864 billion.

Spending by Russia and ⁠Ukraine continued to ‌grow in the fourth year of the ⁠war, while increases by European members of the ​NATO ‌alliance led to the sharpest annual growth in ​Central and ⁠Western Europe since the end of the Cold War.

Spending by Israel fell 4.9% to $48.3 billion, as the war in Gaza wound down in 2025, while spending in Iran declined for the second consecutive year, falling by 5.6% to $7.4 billion.

(Reporting by Johan Ahlander;Editing ​by Helen Popper)