U.S. Defense Budget Dominates Global Military Spending in 2025

TL;DR Summary
Global military spending reached nearly $2.9 trillion in 2025, led by the United States with about $954 billion—roughly one-third of the world total—followed by China ($336B) and Russia ($190B), with Germany rising to the fourth-largest spender; Europe and the Asia-Pacific region continued expanding defense budgets, and the top ten also included India, the United Kingdom, Ukraine, Saudi Arabia, France, and Japan, per SIPRI data.
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- Assessing the near-term outlook for defence spending in Asia The International Institute for Strategic Studies
- Defense Spending Increases As Indo-Pacific Tensions Rise Eurasia Review
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