Practicing Success
According to the Stockholm International Peace Research Institute (SIPRI) report of 2023, what was the rank of India in the world in terms of spending on military in 2022? |
1st 2nd 3rd 4th |
4th |
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. |