Defense spending

Investment in new defense equipment has exploded in Europe, nearly trebling from $60 billion to $175 billion, and this may only be the start.

With all eyes on the spat between the new administration in Washington and its allies in Europe, China quietly released details of its budget plans for 2025.

The news of additional defense spending will undoubtedly be welcomed within the UK Defense Ministry, but in truth, it probably does not go far enough.

Prime Minister Keir Starmer has firmed up UK government plans to increase military spending, putting a deadline on the goal of putting 2.5% of GDP into defense.

India defense sector spending will rise by 6.4% compared to the revised estimates for 2024-25.

The difference in the Middle East compared to elsewhere in the world is that growth has not been broad based throughout the region.

While the levels of growth are far from spectacular, the increase nonetheless keeps Saudi Arabia's defense budget rising following an extended period of cuts.

U.S. President Donald Trump has made no secret of the fact that he views most of America’s NATO allies as delinquent when it comes to spending on defense.

The House and Senate Armed Services Committees have released the compromise fiscal 2025 defense policy bill, which remains under a required spending cap despite efforts from some key lawmakers to raise the spending ceiling.

The transition from Biden to Trump is set to be more turbulent than most given the scale of policy divergence, but how will defense spending be affected?

The UK plans to boost defense spending by an additional £2.9 billion ($3.7 billion) in 2025-2026, Chancellor Rachel Reeves says.

The Turkish government has announced a further increase to its 2025 defense budget, pushing spending to its highest level against GDP for 17 years.

Assuming Norway's new budget is approved, the country's defense spending will have expanded by 52.8% in nominal terms over the last three years.

Russia's illegal annexation of Crimea in 2014 followed by its full-scale invasion of Ukraine launched in 2022 has driven NATO's European members to significantly boost defense spending.

A period of extraordinary growth in Swedish military spending is set to be extended as NATO's newest member continues to modernize.

UK Defense Secretary John Healey has reiterated the new Labour government’s commitment to increasing defense spending to the equivalent of 2.5% of GDP.

The Japanese Defense Ministry (MOD) has released details of its fiscal 2025 budget request, which called for a further 9.4% increase to military spending—part of Tokyo’s wider Defense Build-Up Program (DBP).

In 2024 average defense expenditure among NATO members has surpassed guideline levels for the first time this century.

After significant investments, notably in new fleets of Eurofighter Typhoons and Super Hornets, Kuwait's defense spending has slowed.

Seoul's latest defense budget increase will likely represent a marginal real-terms cut once inflation is factored in.

A draft budget suggests the Indonesian Defense Ministry is set to benefit from the stance of president-elect Prabowo Subianto who took office earlier this year.

As European states have moved to bolster defense budgets in response to Russia’s full-scale invasion of Ukraine, no country has done more than Poland.

While Taiwan's defense spending has been rising in recent years, officials have acknowledged that next year will represent the peak of Taipei's defense spending—at least in the medium term.

After elections, France is set for a period of political instability, but in terms of defense spending the result may not be quite so destabilizing.

Security concerns, not least apprehension over China's intentions, are driving new defense spending dynamics in the Asia-Pacific region.