TNPSC Thervupettagam

World's military spending report

May 3 , 2019 2035 days 763 0
  • Stockholm International Peace Research Institute (SIPRI) released the World’s military spending report for the year 2018.
  • According to a new report overall global military spending last year rose up 2.6 per cent from the previous year.
  • The five biggest spenders in 2018 were the United States, China, Saudi Arabia, India and France.
  • US increased for the first time since 2010 and that of China went up for the 24th consecutive year.

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