The independent resource on global security
World military expenditure is estimated to have reached $1739 billion in 2017, the highest level since the end of the cold war. After 13 consecutive years of increases from 1999 to 2011 and relatively unchanged spending from 2012 to 2016, total global expenditure rose marginally in 2017, by 1.1 per cent in real terms. This Fact Sheet highlights the regional and national trends in 2017 and over the decade 2008–17 shown by new data from the SIPRI Military Expenditure Database.