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World military expenditure
April 27 , 2022
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- World military expenditure reached an all-time high of USD 2.1 trillion in 2021.
- This is according to the Stockholm International Peace Research Institute (SIPRI)
- The top three largest spenders were the United States, China, and India.
- India's military spending ranked third with USD 76.6 billion last year.
- This is an increase of 0.9 percent in comparison with 2020.
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