In 2023, the nine nuclear-armed states spent a combined total of $91,393,404,739 on their arsenals – equivalent to $2,898 a second. ICAN’s latest report “Surge: 2023 Global nuclear weapons spending” shows $10.7 billion more was spent on nuclear weapons in 2023 than in 2022.
Read the report
Download the Executive Summary
Who spent what on their nuclear arsenal in 2023?
In 2023 China, France, India, Israel, North Korea, Pakistan, Russia, the UK and US spent a combined $91.4 billion on their nuclear arms, which breaks down to $173,884 per minute, or $2,898 a second. The United States’ share of total spending, $51.5 billion, is more than all the other nuclear-armed countries put together and accounts for 80% of the increase in nuclear weapons spending in 2023. The next biggest spender was China which expended $11.8 billion with Russia spending the third largest amount at $8.3 billion. The United Kingdom’s spending was up significantly for the second year in a row with a 17% increase to $8.1 billion.
$387 billion in 5 years
“Surge” is the 5th edition of ICAN’s global nuclear weapons spending report. In the last 5 years, $387 billion has been spent on nuclear weapons, with the yearly spending increasing by 34% from $68.2 billion to $91.4 billion per year, as all nine nuclear-armed states continue to modernise, and in some cases expand, their arsenals. Alicia Sanders-Zakre, co-author of the report [and NukeWatch’s summer 2019 intern] noted:
“The acceleration of spending on these inhumane and destructive weapons over the past five years is not improving global security but posing a global threat.”