Global Defense Spending in 2024 - VoronoiGlobal Defense Spending in 2024
Key Takeaways
- In 2024, defense spending totalled $2.5 trillion, up from $2.2 trillion in 2023.
- North America, led by the U.S., was the largest spender with $995 billion, followed by Asia’s $534 billion.
- Europe’s $457 billion was over twice as large as Russia-Eurasia’s $184 billion.
