NATO Protection Spending Rises to Half of World Whole, IISS Says

Russian President Vladimir Putin’s battle in Ukraine helped pushed world protection spending up 9% to a file 2.2 trillion {dollars}, with NATO member states accounting for half the overall, the Worldwide Institute for Strategic Research mentioned.

The collective protection budgets of China, Russia, India and North Atlantic Treaty Group nations make up greater than 70% of world army spending, the London-based analysis group mentioned within the 2024 version of its “Army Steadiness,” launched Tuesday. Expenditure by non-US NATO members has risen by 32% since Russia’s 2014 invasion of Crimea.

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