J 2025

Impact of Supply-Side Inflation on Military Expenditures Across World Regions During 2019–2023

HYNKOVÁ, Vendula

Basic information

Original name

Impact of Supply-Side Inflation on Military Expenditures Across World Regions During 2019–2023

Authors

HYNKOVÁ, Vendula

Edition

Socioekonomické a humanitní studie, Praha, AMBIS vysoká škola, a.s. 2025, 1804-6800

Other information

Language

English

Type of outcome

Article in a journal

Field of Study

50200 5.2 Economics and Business

Country of publisher

Czech Republic

Confidentiality degree

is not subject to a state or trade secret

Marked to be transferred to RIV

Yes

Organization unit

Ambis University

Keywords in English

military expenditures; military spending; supply-side inflation; defence price deflator; global regions; defence budget

Tags

Tags

Reviewed
Changed: 2/2/2026 16:04, Ing. Kateřina Lendrová

Abstract

In the original language

This paper examines the phenomenon of supply-driven inflation within military expenditures across various global regions from 2019 to 2023. As nations face escalating geopolitical tensions and security challenges, understanding the inflationary pressures on defence budgets becomes increasingly vital. This study identifies key factors contributing to inflation in military spending, including increased costs of raw materials and technological advancements in defence systems. Utilizing comprehensive data from the Stockholm International Peace Research Institute (SIPRI), the research employs statistical method and time series analysis to assess variations in military expenditure inflation rates across world regions such as Americas, Europe, Africa, Asia and Oceania, and the Middle East, and to predict future trends in military expenditures. Through this analysis, regional disparities will be uncovered in inflationary trends while highlighting the impact of currency fluctuations and policy decisions on defence budgets.