What are the current trends in global military spending, particularly regarding Russia's defense expenditures following the Ukraine invasion?

Russia has dramatically increased its military spending following the invasion of Ukraine, with expenditures rising by 41.9% to reach $145.9 billion. This represents approximately 6.7% of Russia's GDP and is more than double what the country spent on defense before the invasion began. This sharp increase in Russian military spending is part of broader global defense spending trends. The substantial rise reflects Russia's commitment to sustaining its military operations and highlights how geopolitical conflicts can dramatically reshape national budget priorities and resource allocation toward defense capabilities.