SIPRI releases report “Trends in World Military Expenditure, 2019”

A swedish think tank Stockholm International Peace Research Institute (SIPRI) has released its report “Trends in World Military Expenditure, 2019”. The report released by SIPRI analysed the global military spending in 2019. The report stated that the global military spending in 2019 was 2.2% of the global gross domestic product (GDP) i.e 7.2% higher in 2019 than it was in 2010.

Click Here To Get Test Series For SBI PO 2020

Key findings of the report “Trends in World Military Expenditure, 2019”:

  • The total global military expenditure rose to $1917 billion in 2019 i.e. an increase of 3.6% from 2018.
  • The top 5 largest spenders in 2019 were: United States ($732 billion), China ($261 billion), India ( $71.1 billion), Russia ($65.1 billion) and Saudi Arabia ($61.9 billion).
  • This is the first instance when two Asian states have featured among the top three military spenders.
  • India spent $71.1 billion on defence in 2019 which is 2.4% of its Gross Domestic Product (GDP), rising from 4th position in 2018 to 3rd in 2019.

Find More Ranks and Reports Here

×

Download success!

Thanks for downloading the guide. For similar guides, free study material, quizzes, videos and job alerts you can download the Adda247 app from play store.

Thank You, Your details have been submitted we will get back to you.

Leave a comment

Your email address will not be published. Required fields are marked *

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Login

OR

Forgot Password?

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Sign Up

OR
Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Forgot Password

Enter the email address associated with your account, and we'll email you an OTP to verify it's you.


Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to
/6


Did not recive OTP?

Resend in 60s

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Change Password



Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Almost there

Please enter your phone no. to proceed
+91

Join India largest learning distination

What You Will get ?

  • Job Alerts
  • Daily Quizes
  • Subject-Wise Quizes
  • Current Affairs
  • previous year question papers
  • Doubt Solving session

Enter OTP

Please enter the OTP sent to Edit Number


Did not recive OTP?

Resend 60

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?

By skipping this step you will not recieve any free content avalaible on adda247, also you will miss onto notification and job alerts

Are you sure you want to skip this step?