TNPSC Thervupettagam

Trends in World Military Expenditure, 2019 report 

April 29 , 2020 1802 days 953 0
  • 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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