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Global Spending For Nuke Weapons Surges

  • Writer: By The Financial District
    By The Financial District
  • Jun 13, 2023
  • 1 min read

Despite lofty hopes for a “nuke-free world,” global spending on nuclear weapons continued to surge in 2022, with the world’s nine nuclear states continuing to modernize and expand their arsenals, Gabriel Dominguez reported for Japan Times.


Photo Insert: The rise brings to an end the period of gradual decline that followed the end of the cold war



The nuclear-armed countries — the United States, Russia, Britain, France, China, India, Pakistan, North Korea, and Israel — spent almost $83 billion on the weapons and related systems last year, of which the private sector earned at least $29 billion, the International Campaign to Abolish Nuclear Weapons (ICAN) said in a report.



Reporting for The Guardian, Daniel Boffey wrote that there are now an estimated 12,512 warheads across the globe, with most of the new ones in military stockpiles said to be China’s.


A total of 9,576 warheads are in military stockpiles ready for use, up 86 from a year ago. The rise brings to an end the period of gradual decline that followed the end of the cold war, the Stockholm International Peace Research Institute (Sipri) said.





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