Russian military spending grew by an estimated 9.2 per cent in 2022, to around $86.4 billion. Russia and Ukraine raise military spending as war rages on ‘Many former Eastern bloc states have more than doubled their military spending since 2014, the year when Russia annexed Crimea.’
‘While the full-scale invasion of Ukraine in February 2022 certainly affected military spending decisions in 2022, concerns about Russian aggression have been building for much longer,’ said Lorenzo Scarazzato, Researcher with SIPRI’s Military Expenditure and Arms Production Programme. Some of the sharpest increases were seen in Finland (+36 per cent), Lithuania (+27 per cent), Sweden (+12 per cent) and Poland (+11 per cent). ‘As a result, we can reasonably expect military expenditure in Central and Western Europe to keep rising in the years ahead.’ This included multi-year plans to boost spending from several governments,’ said Dr Diego Lopes da Silva, Senior Researcher with SIPRI’s Military Expenditure and Arms Production Programme. ‘The invasion of Ukraine had an immediate impact on military spending decisions in Central and Western Europe. Several states significantly increased their military spending following Russia’s invasion of Ukraine in February 2022, while others announced plans to raise spending levels over periods of up to a decade. In real terms, spending by these states for the first time surpassed that in 1989, as the cold war was ending, and was 30 per cent higher than in 2013. Military expenditure by states in Central and Western Europe totalled $345 billion in 2022. ‘States are bolstering military strength in response to a deteriorating security environment, which they do not foresee improving in the near future.’Ĭold war levels of military expenditure return to Central and Western Europe ‘The continuous rise in global military expenditure in recent years is a sign that we are living in an increasingly insecure world,’ said Dr Nan Tian, Senior Researcher with SIPRI’s Military Expenditure and Arms Production Programme. However, military aid to Ukraine and concerns about a heightened threat from Russia strongly influenced many other states’ spending decisions, as did tensions in East Asia. By far the sharpest rise in spending (+13 per cent) was seen in Europe and was largely accounted for by Russian and Ukrainian spending.
World military spending grew for the eighth consecutive year in 2022 to an all-time high of $2240 billion. Invasion of Ukraine and tensions in East Asia drive increased spending Read this press release in Catalan ( PDF), French ( PDF), Spanish ( PDF) or Swedish ( PDF). The three largest spenders in 2022-the United States, China and Russia-accounted for 56 per cent of the world total, according to new data on global military spending published today by the Stockholm International Peace Research Institute (SIPRI). Military expenditure in Europe saw its steepest year-on-year increase in at least 30 years. (Stockholm, 24 April 2023) Total global military expenditure increased by 3.7 per cent in real terms in 2022, to reach a new high of $2240 billion.
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