According to a latest report by the Stockholm International Peace Research Institute, the global military expenditure rose to a record high last year as per the report the total global military expenditure for the year 2022 stands at two point two four trillion dollars. So what exactly is driving up the global military expenditure?

What's driving up global military spending?

World military expenditure rose by 3.7 per cent in real terms in 2022, to reach a record high of $2240 billion. Global spending grew by 19 per cent over the decade 2013–22 and has risen every year since 2015. Watch this report to know more.

World military expenditure rises to all time high

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world military-expenditure

What's driving up global military spending?

World military expenditure rises to all time high