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Last Updated : Apr 28, 2020 12:52 PM IST | Source: Moneycontrol.com

Top 10 countries with highest military spending in 2019: USA leads; check where India ranks

Global military expenditure at 3.6 percent saw its largest annual spike in a decade in 2019. Here are the top 10 countries with highest military spending.

According to the latest report of Stockholm International Peace Research Institute (SIPRI) on world military spending, global military expenditure in 2019 totalled nearly $1,917 billion. USA remains the largest spender in the world, spending $732 billion. Check out where India stands and the countries’ contribution. (Image: PTI)

According to the latest report by the Stockholm International Peace Research Institute (SIPRI) on world military spending, global military expenditure in 2019 totalled nearly $1,917 billion. The US remains the largest spender in the world, spending $732 billion. Check out how much India spent on its military. (Image: PTI)

No 10 | South Korea | $43.9 billion | Rise by 7.5% (Image: Getty Images)

No 10 | South Korea | Military spending: $43.9 billion | Rise by 7.5% (Image: Getty Images)

No 9 | Japan | $47.6 billion | Fall by 0.1% (Image: PTI)

No 9 | Japan | Military soending: $47.6 billion | Fall by 0.1% (Image: PTI)

No 8 | United Kingdom| $48.7 billion | No change in percentage (Image: Reuters)

No 8 | United Kingdom| Military spending: $48.7 billion | No change in percentage (Image: Reuters)

No 7 | Germany | $49.3 billion | Rise by 10% (Image: Reuters)

No 7 | Germany | Military spending: $49.3 billion | Rise by 10% (Image: Reuters)

No 6 | France | $50.1 billion | Rise by 1.6% (Image: Reuters)

No 6 | France | Military spending: $50.1 billion | Rise by 1.6% (Image: Reuters)

No 5 | Saudi Arabia | $61.9 billion | Fall by 16% (Image: Reuters)

No 5 | Saudi Arabia | Military spending: $61.9 billion | Fall by 16% (Image: Reuters)

No 4 | Russia | $65.1 billion | Rise by 4.5% (Image: PTI)

No 4 | Russia | Military spending: $65.1 billion | Rise by 4.5% (Image: PTI)

No 3 | India | $71.1 billion | Rise by 6.8% (Image: PTI)

No 3 | India | Military spending: $71.1 billion | Rise by 6.8% (Image: PTI)

No 2 | China | $261 billion | Rise by 5.1% (Image: Reuters)

No 2 | China | Military spending: $261 billion | Rise by 5.1% (Image: Reuters)

No 1 | USA | $732 billion | Rise by 5.3% (Image: Reuters)

No 1 | USA | Military spending: $732 billion | Rise by 5.3% (Image: Reuters)

First Published on Apr 28, 2020 12:52 pm
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