Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Current Affairs

Topic

International: 2023

Question:

According to the Stockholm International Peace Research Institute (SIPRI) report of 2023, which of the following country was the largest spender on military in 2022?

Options:

India

United States

China

Russia

Correct Answer:

United States

Explanation:

According to the Stockholm International Peace Research Institute (SIPRI), global military expenditure has reached a new record high of $2240 billion, increasing by 3.7% in real terms in 2022. Europe witnessed its most substantial year-on-year increase in military spending in at least 30 years. The United States is the largest military spender followed by China, and Russia and these 3 countries contributed 56% of the total global military expenditure in 2022. India's military expenditure in 2022 amounted to $81.4 billion, which is the fourth-highest in the world.