SBS News – Australia ·australia ·4 hours ago

Global military spending reaches record $4 trillion amid war and 'geopolitical upheaval'

Global military spending hit a record $4 trillion in 2025, driven by rising geopolitical tensions. The United States, China, and Russia accounted for over half of this expenditure, with the U.S. spending $1.33 trillion. Despite a slowing growth rate, analysts expect military budgets to continue rising through 2026 and beyond.

Summary by Glance · SBS News – Australia

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