ISEAS Perspective 2025/70
Published: 19 September 2025
Author: Ian Storey
According to the Stockholm International Peace Research Institute (SIPRI), between 2020 and 2024 global defence spending increased by 9.4 per cent compared to the previous five-year period, rising to US$2.7 trillion, the highest amount ever recorded by the Swedish think tank.
For full article, please open the link:
The article was published by ISEAS.
IRSEA and ISEAS have agreed to enter into a relationship of cooperation.
The opinions expressed in this article are the author’s own and do not necessarily reflect the official policy, position or view of IRSEA