Military Spending Since the Cold War, 1991–2025: +84.8%

Across the 98 countries with continuous SIPRI data, military spending rose 84.8%, from $1,324.1bn in 1991 to $2,446.4bn in 2025.

Published: Figures verified

Key takeaways

  • Military spending across the 98-country SIPRI panel rose 84.8% from 1991 to 2025, from $1,324.1bn to $2,446.4bn.
  • The comparison starts in 1991, the Cold War's final year, because the Soviet Union has no continuous SIPRI series of its own and earlier years cover too few countries.
  • The $1,324.1bn and $2,446.4bn totals are our calculation from SIPRI country-level data, not a figure SIPRI itself publishes.
  • The panel holds the same 98 countries fixed in both years, so the increase reflects real growth rather than added country coverage.

Verdict

Across the 98 countries with continuous SIPRI data, military spending rose 84.8% between the Cold War's final year and 2025, from $1,324.1bn to $2,446.4bn in constant 2024 US dollars. This panel excludes the Soviet Union, which has no continuous SIPRI series, and any state without an unbroken 1991–2025 record.

Who this is for: Policy researchers, journalists, and students researching how global military spending evolved after the Cold War ended.

At a glance

1991 panel total$1,324.1bn98 countries, constant 2024 USD
2025 panel total$2,446.4bn98 countries, constant 2024 USD
Change, 1991–2025+84.8%
Panel size98 countriesContinuous SIPRI data required
Currency basisConstant 2024 US dollars

Military spending across the 98 countries with continuous SIPRI data rose 84.8% since the end of the Cold War, from $1,324.1bn in 1991 to $2,446.4bn in 2025, in constant 2024 US dollars.

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Covers the 98 countries with continuous SIPRI data from 1991–2025; the Soviet Union isn't included (Russia's series starts in 1992). Full methodology in Section 3.

01 Global Military Spending Since the Cold War's End: The Headline Number

The most direct answer to "military spending during the Cold War" that SIPRI's Military Expenditure Database can support starts at the war's close, not before it. Tracking the same fixed panel of 98 countries continuously from 1991 through 2025, combined military expenditure grew from $1,324.1bn to $2,446.4bn — an increase of 84.8%. This is our calculation from SIPRI country-level data, not SIPRI's own published total.

YearPanel total spendingChange from 1991
1991$1,324.1bn
2025$2,446.4bn+84.8%

02 1991 vs. 2025: What Changed and Why

The 34-year span between 1991 and 2025 covers the drawdown that followed the Soviet collapse, the post-9/11 buildup, and a resurgence in spending tied to renewed great-power competition and regional conflicts in the 2010s and 2020s. The panel figure does not decompose the 84.8% rise into these individual episodes — it is a single start-to-end comparison across the 98 tracked countries — but the direction is unambiguous: total spending across this consistent group of countries is substantially higher today than it was as the Cold War ended.

Because the comparison holds the same 98 countries fixed at both endpoints, the 84.8% figure reflects genuine growth in spending levels rather than an artifact of more countries being added to the dataset over time.

03 Why This Panel Starts in 1991, Not Earlier

Readers searching for "military spending during the Cold War" are often looking for a pre-1991 baseline, but SIPRI's country-level series cannot reliably support one. The Soviet Union, the era's second-largest military spender, has no continuous SIPRI series of its own — Russia's series begins only in 1992, after the dissolution. Earlier Cold War years also cover far fewer countries in SIPRI's data, which would distort any panel comparison anchored before 1991.

For those reasons, 1991 — the Cold War's final year — is the earliest point at which a consistent 98-country panel can be constructed, and it is the baseline used throughout this analysis.

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Compares the 98 countries with continuous SIPRI data from 1991 to 2025. The Soviet Union has no series (Russia begins 1992) and early years cover few countries, so the panel excludes states without a full run.

04 Data Coverage and Methodology

The 98-country panel is built by keeping only countries with an unbroken SIPRI expenditure series across every year from 1991 to 2025, then summing their spending in each of the two endpoint years. Figures are expressed in SIPRI constant 2024 US dollars, which strips out the effect of inflation and lets the 1991 and 2025 totals be compared directly. Any years labelled as estimates (2026–2027 in SIPRI's projections) are excluded from this historical comparison, which uses only actual reported figures for 1991 and 2025.

  • Panel size — 98 countries, held constant across both endpoint years.
  • Currency basis — SIPRI constant 2024 US dollars, removing inflation effects.
  • Attribution — the $1,324.1bn and $2,446.4bn totals are our calculation from SIPRI country-level data, not a SIPRI-published aggregate.

05 How to Read the 84.8% Increase in Context

The actual path from 1991 to 2025 was not linear — spending fell through much of the 1990s before climbing again from the early 2000s onward. Readers using this figure for further analysis should keep the panel's composition in mind: it reflects 98 specific countries with unbroken data, not every state that has ever reported military spending to SIPRI, and it says nothing about how spending was distributed among those 98 countries or how any single country's share changed over the period.

Frequently Asked Questions

How much has military spending increased since the Cold War ended?
Across the 98 countries with continuous SIPRI data, military spending rose 84.8%, from $1,324.1bn in 1991 to $2,446.4bn in 2025, in constant 2024 US dollars.
Why does the comparison start in 1991 instead of earlier in the Cold War?
The Soviet Union has no continuous SIPRI series of its own (Russia's series begins in 1992), and earlier Cold War years cover far fewer countries, so 1991 is the earliest point that supports a consistent 98-country panel.
Is the $2,446.4bn total a SIPRI-published figure?
No. It is our calculation from SIPRI country-level data, summed across the 98-country panel — not SIPRI's own published aggregate.
Does the 84.8% increase apply to every country, or the world total?
It applies specifically to the fixed panel of 98 countries with continuous SIPRI data from 1991 to 2025, not to every country SIPRI tracks or to a global total.
Figures verified July 7, 2026 against: SIPRI Military Expenditure Database

defensebudget.org

Defense spending data, sourced from SIPRI

defensebudget.org tracks military expenditure for 160 countries using the SIPRI Military Expenditure Database. Pages are generated from that dataset and reviewed before publication.