So the no-news is that for the year 2011 the total world military spending amounted to $1,74 trillion ($1,740,000,000,000) as announced by SIPRI on the 17 April - which coincided with the Global Day of Action on Military Spending. This is just a "slight" increase from last year, just 0.3 percent. According to SIPRI, this figure means that for the first year in 13 years, the world military spending has leveled out.