{
  "id": "world-military-expenditure",
  "title": "World military expenditure",
  "unit": "USD billion (current)",
  "domain": "military-spending",
  "metricId": "world-military-expenditure",
  "metricName": "World military expenditure",
  "subjectType": "dashboard",
  "subjectId": "defense-spending",
  "summaryFinding": "World military spending rose for an 11th consecutive year to a SIPRI-estimated $2,887 billion in 2025 (up from $2,718 billion in 2024, itself the steepest rise since at least 1988). Warconomy reconstructs SIPRI's own 2015-2023 series to show the decade-long climb, and a continued-growth scenario brackets 2026-2027. Figures are current USD and revised in later SIPRI releases.",
  "geographicCoverage": "World",
  "coveredThrough": "2025-12-31",
  "lastReviewed": "2026-07-22",
  "page": "https://warconomy.com/data-series/world-military-expenditure",
  "points": [
    {
      "period": "2015",
      "date": "2015-12-31",
      "epistemicClass": "reconstructed",
      "evidenceStatus": "corroborated",
      "value": 1670,
      "interval": null,
      "sourceIds": [
        "sipri-milex-2024"
      ],
      "recordRef": {
        "kind": "historical-estimate",
        "id": "he-world-milex-2015-2023"
      },
      "note": "SIPRI world total (current USD), transcribed from SIPRI's historical series."
    },
    {
      "period": "2020",
      "date": "2020-12-31",
      "epistemicClass": "reconstructed",
      "evidenceStatus": "corroborated",
      "value": 2010,
      "interval": null,
      "sourceIds": [
        "sipri-milex-2024"
      ],
      "recordRef": {
        "kind": "historical-estimate",
        "id": "he-world-milex-2015-2023"
      },
      "note": "SIPRI world total (current USD)."
    },
    {
      "period": "2022",
      "date": "2022-12-31",
      "epistemicClass": "reconstructed",
      "evidenceStatus": "corroborated",
      "value": 2240,
      "interval": null,
      "sourceIds": [
        "sipri-milex-2024"
      ],
      "recordRef": {
        "kind": "historical-estimate",
        "id": "he-world-milex-2015-2023"
      },
      "note": "SIPRI world total (current USD)."
    },
    {
      "period": "2023",
      "date": "2023-12-31",
      "epistemicClass": "reconstructed",
      "evidenceStatus": "corroborated",
      "value": 2440,
      "interval": null,
      "sourceIds": [
        "sipri-milex-2024"
      ],
      "recordRef": {
        "kind": "historical-estimate",
        "id": "he-world-milex-2015-2023"
      },
      "note": "SIPRI world total (current USD)."
    },
    {
      "period": "2024",
      "date": "2024-12-31",
      "epistemicClass": "observed",
      "evidenceStatus": "verified",
      "value": 2718,
      "interval": null,
      "sourceIds": [
        "sipri-milex-2024"
      ],
      "recordRef": null,
      "note": "SIPRI 2024 world total (+9.4%), steepest rise since at least 1988."
    },
    {
      "period": "2025",
      "date": "2025-12-31",
      "epistemicClass": "observed",
      "evidenceStatus": "verified",
      "value": 2887,
      "interval": null,
      "sourceIds": [
        "sipri-milex-2025"
      ],
      "recordRef": null,
      "note": "SIPRI 2025 world total (+2.9% real); 11th consecutive year of growth."
    },
    {
      "period": "2026-27 (scenario)",
      "date": "2027-12-31",
      "epistemicClass": "scenario",
      "evidenceStatus": "unverified-lead",
      "value": null,
      "interval": {
        "low": 2950,
        "high": 3250,
        "intervalMeaning": "plausible-range"
      },
      "sourceIds": [
        "sipri-milex-2025"
      ],
      "recordRef": {
        "kind": "scenario",
        "id": "sc-world-milex-2026-27"
      },
      "note": "Conditional continued-growth path."
    }
  ],
  "competingSeries": [],
  "sourceTransitions": [],
  "definitionChanges": [
    {
      "changeDate": "2024-01-01",
      "oldDefinition": "Reconstructed points 2015-2023 transcribed from SIPRI's historical release.",
      "newDefinition": "Observed points 2024-2025 are directly-cited SIPRI fact-sheet figures.",
      "comparabilityNote": "Both are SIPRI current-USD world totals on the same definition; the break is only in Warconomy's provenance (reconstruction vs. direct citation), not in what is measured."
    }
  ],
  "missingPeriods": [],
  "methodologyIds": [
    "anchor-interpolation-v1",
    "conditional-scenario-v1"
  ]
}