Last year, the world’s military spending increased for the first time in four years, a directional shift that may herald even higher spending on armaments and operations in years to come, according to new data compiled by the Stockholm International Peace Research Institute (SIPRI).
The world heaped more than $1.6 trillion on military programs and personnel in 2015, roughly 1 percent more than in 2014, a SIPRI analyst declared at the nonpartisan Stimson Center in Washington, D.C. on April 5. The increase follows four years of decline, which was preceded by 12 years of steady increases.
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