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LATEST NEWS UPDATES | India's military spending 3rd highest in world after US, China: Reports

India's military spending 3rd highest in world after US, China: Reports

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published Published on Apr 25, 2022   modified Modified on Apr 27, 2022

-ANI/ DeccanChronicle.com

According to the Stockholm based institute, India's military spending was up by 0.9 per cent from 2020 and by 33 per cent from 2012

Stockholm (Sweden): World military expenditure reached an all-time high of USD 2.1 trillion in 2021, the Stockholm International Peace Research Institute (SIPRI) said on Monday, adding that the top three largest spenders were the United States, China and India.

"Total global military expenditure increased by 0.7 per cent in real terms in 2021, to reach USD 2113 billion. The five largest spenders in 2021 were the United States, China, India, the United Kingdom and Russia, together accounting for 62 per cent of expenditure," the Stockholm based said in a statement.

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ANI/ DeccanChronicle.com, 25 April, 2022, https://www.deccanchronicle.com/nation/current-affairs/250422/indias-military-spending-3rd-highest-in-world-after-us-china-report.html?fbclid=IwAR09X6ryE99um3jMIcsylySuVomfzxczCaYbfzEjSgoeNvUwfKeWQAmJU40
 

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