According to the Sweden-based think-tank Stockholm International Peace Research Institute (SIPRI) report, titled “Trends in World Military Expenditure Report 2021”, India’s military expenditure is the third highest in the world behind the US and China. Military spending in India is amounting to $76.6 billion in 2021 which grew by 0.9% from 2020. Russia has also increased its military expenditure for the third consecutive year.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The report’s data is based upon the updated SIPRI Military Expenditure Database, which provides military spending data by country for the years 1949–2021. The five largest spenders in 2021 were the US, China, India, the UK (United Kingdom) and Russia, together accounting for 62% of expenditure.
Find More Ranks and Reports Here
International Mine Awareness Day is observed annually on April 4 to raise awareness about the…
Chaiti Chhath Puja is a four-day Hindu festival dedicated to the worship of the Sun…
India wrapped up its campaign at the 2025 Senior Asian Wrestling Championship in Amman with…
The Grand Prix of the Americas witnessed an intense race on Sunday as Francesco Bagnaia…
Aditya Birla Capital Limited (ABCL) has successfully completed the amalgamation of its wholly owned NBFC…
The Reserve Bank of India (RBI) has announced a revision in ATM withdrawal charges, which…
![](data:image/svg+xml;charset=utf-8,<svg height="174px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="34px" width="156px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
![](data:image/svg+xml;charset=utf-8,<svg height="218px" width="300px" xmlns="http://www.w3.org/2000/svg" version="1.1"/>)
