In 2023, global spending on nuclear weapons reached a record high of more than $91.4 billion, representing more than $250 million daily, according to a report from the International Campaign to Abolish Nuclear Weapons (ICAN).
Arms Race
Rising Costs
Nations with nuclear arsenals have significantly increased their investment in the development and production of nuclear weapons last year. Global spending on nuclear weapons increased by $10.7 billion from the previous year, reaching an unprecedented level of $91.4 billion. The United States of America leads the race, spending $51.5 billion, representing 80% of total spending growth and exceeding the total spending of other countries.
Nuclear powers are increasing their budgets
Nine states have nuclear weapons: USA, Russia, France , China, UK, Pakistan, India, Israel and North Korea. All of them increased their budgets for nuclear programs in 2023. After the United States, the largest expenses were incurred by China ($11.8 billion) and Russia ($8.3 billion). The UK and France spent $8.1 billion and $6.1 billion respectively.
Private Sector Participation
In addition to governments, those involved in the development, production and maintenance of nuclear weapons 20 corporations investing a total of $30 billion. In 2023, the industry received at least $7.9 billion in new contracts for nuclear programs. The leaders in income from nuclear contracts were Honeywell International ($6.2 billion), Northrop Grumman ($5.9 billion), BAE Systems ($3.3 billion), Lockheed Martin ($2.89 billion) and General Dynamics ($2.7 billion). ).
Glossary
- The International Campaign to Abolish Nuclear Weapons (ICAN) is an international organization advocating a complete ban on nuclear weapons.
- Honeywell International is an American corporation operating in the field of aviation technology, automotive products, engineering technologies, etc.
- Northrop Grumman is an American engineering company specializing in aviation and rocket and space technology.
- BAE Systems is a British engineering company, manufacturer of aviation, naval and other equipment.
- Lockheed Martin is an American engineering company, the world's largest manufacturer of aircraft, missiles and military equipment.
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How much did countries spend on developing nuclear weapons in 2023?
Which states currently have a nuclear arsenal?
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Which government organizations are not included in the nuclear weapons spending report?
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Discussion of the topic – The world spent $91.4 billion on nuclear weapons in 2023 - more than $250 million daily
Humanity is once again raising the stakes in the nuclear arms race. In 2023, global spending on nuclear weapons topped $91.4 billion, or more than $250 million per day, $174,000 per minute, or nearly $3,000 per second, according to a new report from the International Campaign to Ban Nuclear Weapons.
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Иван
This is the scale! 🤯 Sky-high numbers - almost 100 billion dollars a year on nuclear weapons. It's hard to even imagine that kind of money.
Анна
It is completely absurd to spend so much budget money on weapons of mass destruction. 💸 This money is better spent on developing medicine, education and solving social problems.
Эмиль
I agree, this is just crazy! 😠 Impressively, the US spends more on this than all other countries combined. No wonder they are leading the arms race.
Софи
Yes, $30 billion from large corporations is also serious money. 🤑 Looks like gun manufacturers are making good money from this business.
Гюнтер
Have you noticed that data for some countries, such as India and Russia, is missing? 🕵️♂️ Surely their expenses are also huge, they are simply classified. The whole world is drawn into a crazy arms race!
Вальтер
Bah, again these clowns spend crazy money on toys for adults. 🥱 In my time, people led a more reasonable lifestyle and did not engage in such nonsense. These “trends” of yours don’t impress me.
Камилла
Walter, as always, you complain about young people. 😄 But can’t these huge budgets be used for something more useful for humanity? For example, for research in the field of alternative energy sources or the fight against climate change.
Марко
I agree, it's time to stop this crazy waste of money! 💰 I hope that in the future, world leaders will realize the pointlessness of the arms race and redirect resources to solve more important global problems.