• Defense spending jumped globally to $2.63 trillion in 2025, according to IISS’s latest Military Balance report.

Article Summaries:

  • Europe’s defense budget has risen sharply, now accounting for 21 % of the world’s total military spending, according to the International Institute for Strategic Studies (IISS) Military Balance report. Germany is the leading contributor, driving the continent’s growth. Globally, defense outlays reached $2.63 trillion in 2025, reflecting heightened security concerns and increased investment across major powers. The report highlights a trend of expanding defense budgets amid geopolitical tensions, with Europe’s share underscoring a shift toward greater regional defense cooperation and a response to perceived threats.

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