Nuclear Weapon Spending on the Rise

By Martin Armstrong – Statista

Global spending on nuclear weapons rose by 13.4 percent in 2023. As a newly released report from the International Campaign to Abolish Nuclear Weapons (ICAN) shows, the United States instigated the largest proportional annual increase with a rise of almost 18 percent, closely followed by the United Kingdom with 17.1 percent.

In terms of spending, the U.S. had the largest outlay last year by some margin: $51.5 billion, compared to the second highest total of $11.9 billion in China.