TNPSC Thervupettagam

Report on Defense Spending

February 16 , 2020 1736 days 890 0
  • The International Institute of Strategic Studies (IISS) has released its report on Defence Spending titled “Military Balance”.
  • The global spending on defence has increased by 4% in 2019.
  • This is the largest growth in the last 10 years.
  • The United States, China, Saudi Arabia, Russia and India retained their positions as the world’s top five defence spenders in 2019.

About IISS

  • International Institute for Strategic Studies (IISS) is a British Research Institute that was established in 1997.
  • The IISS was ranked the 10th best institute in the Global Go to Think Tank Index.

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