Russia's full-scale invasion of Ukraine, which has been going on for more than a year, has led to a record increase in military spending worldwide, says the Stockholm Peace Research Institute (SIPRI). According to them, in 2022, total global military spending increased by 3.7% in real terms and reached a new high of $2.24 trillion..

SIPRI notes that military spending has increased the most in Europe – the states of Central and Western Europe spent $345 billion on military purposes in 2022 and for the first time exceeded their spending in 1989, at the end of the Cold War.. The sharpest growth was observed in Finland (+36%), Lithuania (+27%), Sweden (+12%) and Poland (+11%).

“The invasion of Ukraine immediately influenced the decision on military spending in Central and Western Europe. This includes multi-year plans to increase spending by several governments.. As a result, we can expect that military spending in Central and Western Europe will continue to grow in the coming years,” said Dr. Diego Lopez da Silva, Senior Fellow of the SIPRI Military Expenditure and Arms Production Program..

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SIPRI estimates that in 2022 Russian military spending rose by about 9.2%, to about $86.4 billion (4.1% of GDP). Spending "

“The difference between Russia’s budgetary plans and its actual military spending in 2022 suggests that the invasion of Ukraine cost Russia much more than it expected,” said Dr..

Ukraine's military spending in 2022 was estimated by SIPRI at $44 billion. Growth was 640%. As a result of increased defense spending and the damage done to the Ukrainian economy by the war, military spending rose to 34% of GDP compared to 3.2% in 2021.

SIPRI observations of military spending in other parts of the world:.

The United States remains the leader in military spending, reaching $877 billion in 2022, accounting for 39% of total global military spending and three times China's.;

in 2022, US financial military assistance to Ukraine amounted to $19.9 billion (2.3% of total US military spending;

China remains the world's second largest military spender at approximately $292 billion in 2022 (up 4.2% from 2021);

military spending by NATO members in 2022 amounted to $1.232 trillion, up 0.9% from 2021;

The UK had the highest military spending in Central and Western Europe at $68.5 billion, of which approximately $2.5 billion (3.6%) was financial military assistance to Ukraine.

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According to Andriy Melnyk, Deputy Head of the Ministry of Foreign Affairs of Ukraine, in order to end the war in 2023, Ukraine must receive 10 times more military assistance from the allies than before.. Earlier, the Main Intelligence Directorate of the Ministry of Defense stated that the threats of Russian President Vladimir Putin to deploy nuclear weapons in Belarus would not affect the allies and the supply of weapons to Ukraine.