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The Armed Conflict Survey 2025 provides an exhaustive review of the political, military and humanitarian dimensions of active armed conflicts globally in the period from 1 July 2024–30 June 2025. The review is complemented by a strategic analysis of regional and global drivers and conflict outlooks, providing unique insights into the geopolitical and geo-economic threads linking conflicts regionally and globally, as well as into emerging flashpoints and political risks to monitor. This edition includes Regional Spotlight chapters covering the economics of non-state armed groups as a common conflict trend. Reflecting the growing significance of geopolitical factors in shaping current conflict trends across the world, The Armed Conflict Survey 2025 features the fifth edition of the IISS Armed Conflict Global Relevance Indicator, which compares the global relevance of armed conflicts in terms of their geopolitical impact, as well as their human impact and intensity. This edition also includes maps, infographics, key statistics and the accompanying Chart of Armed Conflict.