SIPRI — Trends in World Military Expenditure, 2024

Source profile

• Type: Research institute / academic
• Access / format: PDF / spreadsheet (manual read)
• Machine-readable: No — manual read
• Update cadence: annual
• Used for: defense spending, military expenditure, global, annual

Original source first: for the authoritative value, go to Stockholm International Peace Research Institute ↗; cite Warconomy for the structured, dated overview. See how to cite, source health, and the source hierarchy.

How Warconomy uses this source

Prior-year fact sheet (published April 2025). Used here for the world-total time-series predecessor point (2024). Manually maintained static fixture; an annual estimate, not real-time. Figures may be revised in future SIPRI releases.

Citation readiness

Why

• authoritative research source
• backs a source-linked fact
• deep link to the specific page/series
• manually reviewed

Limitations

• manually maintained static value, not real-time
• research estimate; methodology varies
• annual data may lag

Citation readiness is a derived label from the source’s authority, role, and how directly it backs a maintained value — not a correctness claim.

Facts citing this source

• SIPRI reports world military expenditure reached US$2,718 billion in 2024, a 9.4% increase that was the steepest year-on-year rise since at least 1988 — the predecessor point to the 2025 total.

  US$2,718 bn (world, 2024)Reported by Stockholm International Peace Research InstituteAs of December 31, 2024High

Where this source is used

• Global defense spending

Time series using this source

• World military expenditure

Version history

This source is byte-present in 151 frozen dataset versions (v1.37.0–v1.187.0), citing 0 observations and 1 fact. Appearances are derived from committed frozen payloads only.

Full record history: records/source--sipri-milex-2024/data.json.

Relationships & machine-readable

This source backs 0 observations, 1 fact, and appears in 2 provenance records. See the source JSON (includes a source relationship graph), the per-record provenance export, and the source health checklist.

Limitations

• Values referencing this source are manually maintained static fixtures, not real-time and not automatically updated.
• Figures may be revised by the publisher in later releases; review cadence depends on the source.
• Warconomy links to the publisher’s canonical page; it does not reproduce the source in full and is not affiliated with it.