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Tuesday, 26 November
world

SIPRI named world’s top-10 military spenders countries: infographics

The Stockholm International Peace Research Institute (SIPRI) named a list of countries that more than others spent on military needs.

The five biggest spenders in 2018 were the United States ($ 649 billion), China ($ 250 billion), Saudi Arabia ($ 67.6 billion), India ($ 66.5 billion), Russia ($ 61.4 billion ), France ($ 63.8 billion), Great Britain ($ 50 billion), Germany ($ 49.5 billion), Japan ($ 46.6 billion), South Korea ($ 43.1 billion).

Military spending by the USA increased for the first time since 2010, while spending by China grew for the 24th consecutive year.

Total global military spending rose for the second consecutive year in 2018, to the highest level since 1988—the first year for which consistent global data is available. World spending is now 76 per cent higher than the post-cold war low in 1998.

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Category: World
Tags: SIPRI, USA, China, military