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SIPRI Report 2020-24
March 14 , 2025
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- The Stockholm International Peace Research Institute (SIPRI) released this report on Arms transactions.
- Ukraine was the world's largest importer of major arms during 2020-2024.
- The country’s imports surged nearly 100 times over compared to 2015-2019.
- Most of the major arms supplied to Ukraine came from the US (45 per cent), followed by Germany (12 per cent) and Poland (11 per cent).
- India ranked second in global arms imports during the same period.
- India's arms imports declined by 9.3 per cent between 2015–19 and 2020–24.
- The United States increased its share of global arms exports to 43 per cent, while Russia’s exports fell by 64 per cent.
- China was the fourth largest exporter of arms in 2020–24, with 5.9 per cent of global arms exports.
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