Signal Military spending up 9.4% in a year, 2.5% of global GDP

Summary

World military expenditure rose 9.4% between 2023 and 2024, the sharpest annual increase since the Cold War ended, and now absorbs 2.5% of global output.

Classification

Main topicGeopolitics & Security

Secondary topicsMacroeconomy & Finance

Region menusGlobal

Impactscope:global

Time horizon0-3 years (2026-07-25)

Last updated2026-07-29 04:49:53

Evidence 1

The landscape of development: UNDP trends update 2026 United Nations Development Programme (UNDP), Strategy & Futures Team, Executive Office page=6;section=Theme 1: Multilateralism off the rails 2026-02 accessed 2026-07-25

Part of trends 0

No objects.

Directly linked issues 1

IssueMultilateralism off the rails1 trends · 6 signals

Relation types: direct_urgent

Public id: fm-5f0679e69dab