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Global Military Spend $2.89T, Europe Up 14% After Trump

4/28/2026

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Story summary
  • SIPRI reported global military expenditures reached $2.89 trillion in 2025, a 2.9 % rise and the eleventh consecutive year of growth.
  • Germany increased its 2025 defense budget 24 % to $114 billion, raising its military burden to 2.3 % of GDP above NATO’s 2 % guideline.
  • U.S. President Donald Trump’s demand for higher European spending helped lift Europe’s defense budgets 14 % to $864 billion in 2025.