US Edition
Global Nuclear Spending Surge: An 11% Rise in 2024
- In 2024, the world’s nine nuclear-armed nations increased nuclear weapons spending by 11%, totaling $100.2 billion to modernize arsenals.
- The increase was primarily due to the expenses associated with ongoing long-term contracts and the rising costs of advancing nuclear weapon technologies, rather than immediate security threats linked to the Ukraine conflict.
- The United States led with $56.8 billion—exceeding all other nuclear states combined—while private companies earned $42.5 billion from nuclear work.
- Alicia Sanders-Zakre of ICAN noted that political rhetoric about the war in Ukraine and tensions might influence increased spending across nuclear-armed states.
- The spending surge highlights ongoing challenges for nuclear disarmament advocates, with ICAN warning of secrecy, lobbying, and lack of democratic oversight in expenditure decisions.
16 Articles
16 Articles
Global spending on nuclear weapons increased by 11 per cent in 2024 compared to 2023, according to the report recently presented in Geneva by the ICAN organization. The annual increase to a total of $100.2 billion was mainly devoted to modernizing and, in some cases, expanding nuclear arsenals. “The countries with nuclear weapons could have paid the United Nations budget 28 times with what they spent on building and maintaining nuclear weapons i…
Colorado Springs Gazette
Global nuclear arms spending up 11% in 2024, campaign group says
By Olivia Le Poidevin
Global Nuclear Spending Surge: An 11% Rise in 2024
Nuclear spending by the world's nine nuclear-armed nations increased by 11% in 2024, with expenditures reaching $100.2 billion for modernizing and expanding arsenals. The U.S. led the surge, raising its budget by $5.3 billion. Meanwhile, geopolitical tensions, like the Ukraine conflict, are cited as influencing factors.
The United States of America continues to be the absolute leader of global military spending, with a budget close to trillion dollars a year.
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