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Trends in World Military Expenditure, 2019 report
April 29 , 2020
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- The Stockholm International Peace Research Institute (SIPRI) released its report on military spending of different countries in the world.
- US, China and India are the three top most military spenders in 2019.
- In 2019, India has spent 71.1 billion USD over its military.
- In 2019, the US had spent 732 billion USD for military.
- The United States, Russia, France, Germany and China continue to be the world’s largest arms exporters.
- This is the first time that India and China have featured among the top three military spenders.
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