“Acceleration of spending on these inhumane and destructive weapons over the past five years is not improving global security but posing a global threat,” Alicia Sanders-Zakre, co-author of the report, said in a statement.
By Michael Loria, USA TODAY | June 26, 2024 usatoday.com
The world’s nine nuclear powers spent $91 billion on their nuclear arsenals in 2023, or nearly $3,000 per second, according to a new report by a global coalition of disarmament activists.
At the top of the list is the United States, which spent $51.5 billion – more than all of the other nations combined. That amounts to nearly $100,000 per minute aimed at developing new intercontinental ballistic missiles, new airplanes to drop bombs and new submarines, according to the International Campaign to Abolish Nuclear Weapons (ICAN) report.
The U.S. spent 18% more than it did last year, according to the report. The $7.8 billion increase in spending on nuclear weapons accounted for nearly 80% of the $10.7 billion increase in spending worldwide, according to ICAN. Other big spenders were China with $11.9 billion; Russia with $8.3 billion; and the United Kingdom with $8.1 billion. The increase in worldwide spending in 2023 is the greatest ICAN has recorded in a single year.