In 2024, the International Campaign to Abolish Nuclear Weapons (ICAN) reported that global spending on nuclear arms by nine countries rose to over $100 billion, marking a concerning rise for the fifth consecutive year. The U.S. was a major contributor, with $56.8 billion allocated to nuclear weapon modernization, significantly exceeding other nations' expenditures. Russia and China also increased their spending, further intensifying global nuclear armament. The report highlights that nuclear spending has surged by 47% since 2020, raising alarm over countries prioritizing nuclear arsenal development amid international tensions.
In 2024, the nine nuclear-armed nations increased their nuclear weapons spending by 11%, collectively surpassing $100 billion—an alarming trend towards nuclear arms expansion.
Spending on nuclear weapons by the U.S. alone reached $56.8 billion, a staggering $107,000 per minute, which is more than the combined spending of other nations.
Since 2020, nuclear weapons spending surged by 47%, implying an unsettling global trend where nations are investing heavily in their nuclear arsenals.
China, although the second-largest spender after the U.S., invested $12.5 billion—a figure significantly lower but indicative of its aggressive expansion of the nuclear arsenal.
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