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These 10 countries spend the highest percentage of GDP on military, see where India ranks

The countries mentioned in this list are ranked with respect to a portion of GDP they spend on their defence.
Feb 4, 2020 / 08:05 AM IST
Spending on the military grew to its highest since 1988 in recent years. According to the Stockholm International Peace Research Institute (SIPRI), global military expenditure stood at $1.8 trillion in 2018. While the countries mentioned below are ranked with respect to a portion of the GDP, the US is the largest spender on defence. It spent $649 billion in 2018, more than the eight countries that follow it combined (Image: Reuters)
Spending on the military across the world grew the highest since 1988 in recent years. According to the Stockholm International Peace Research Institute (SIPRI), global military expenditure stood at $1.8 trillion in 2018. The countries ranked below spend the highest portion of their GDP as part of their defence budget. (Image: Reuters)
10 | United Kingdom: 1.8 percent of GDP (Image: Reuters)
No 10 | United Kingdom: 1.8 percent of GDP (Image: Reuters)
9 | China 1.9: percent of GDP (Image: Reuters)
No 9 | China: 1.9 percent of GDP (Image: Reuters)
8 | Australia: 1.9 percent of GDP (Image: Reuters)
No 8 | Australia: 1.9 percent of GDP (Image: Reuters)
7 | France: 2.3 percent of GDP (Image: Reuters)
No 7 | France: 2.3 percent of GDP (Image: Reuters)
6 | India: 2.4 percent of GDP (Image: PTI)
No 6 | India: 2.4 percent of GDP (Image: PTI)
5| Turkey: 2.5 percent of GDP (Image: Reuters)
No 5 | Turkey: 2.5 percent of GDP (Image: Reuters)
No. 3 | US | Total available active military manpower: 1,281,900 (Image: Reuters)
No 4 | United States: 3.2 percent of GDP (Image: Reuters)
3 | Russia: 3.9 percent of GDP (Image: Reuters)
No 3 | Russia: 3.9 percent of GDP (Image: Reuters)
2 | Israel: 4.3 percent of GDP (Image: Reuters)
No 2 | Israel: 4.3 percent of GDP (Image: Reuters)
1 | Saudi Arabia: 8.8 percent of GDP (Image: Reuters)
No 1 | Saudi Arabia: 8.8 percent of GDP (Image: Reuters)
Moneycontrol News
first published: Feb 4, 2020 08:05 am

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