PUBLICATION
Hidden Costs: Nuclear Weapons Spending in 2024
In 2024, the nine nuclear-armed states spent more than $100 billion on their nuclear arsenals – an increase of approximately 11% from the year before. ICAN’s new report “Hidden Costs: Nuclear Weapons Spending in 2024” shows that the combined spending of the nuclear armed states – China, France, India, Israel, North Korea, Pakistan, Russia, the UK and US – increased by nearly $10 billion from 2023 spending. The private sector earned at least $42.5 billion from their nuclear weapons contracts in 2024 alone.