![]() There was a substantial variation in the average military burden of each region over the decade: it dropped for countries in Africa and in the Americas while it increased for countries in Europe and Middle East and remained unchanged for Asia and Oceania. The world military burden followed a declining trend in 2010-19, decreasing every year except for 20. In terms of GDP, the military budget rose from 3.4 per cent in 2010 to four per cent last year. Russia moved up one place in the rankings, from fifth to fourth, while Saudi Arabia fell from third to fifth.Ībout Pakistan, the Sipri report said its military expenditure had gone up by 70 per cent during the 2010-19 decade to reach $10.3bn. Sipri, founded in 1966, is an independent international institute dedicated to research into conflicts, armaments and arms control.Īccording to Sipri, Pakistan’s defence budget rose 70pc over the past decadeĪ significant fall in Saudi Arabia’s spending (-16 per cent) over the same period meant that India shot up to the third spot for the first time. India’s tensions and rivalry with China and Pakistan are among the major drivers for its increased military expenditure, the report observed. However, in terms of GDP, New Delhi’s military burden fell from 2.7 per cent in 2010 to 2.4 per cent in 2019, according to the report, “Trends in World Military Expenditure, 2019”. It grew by 259 per cent over a 30-year period stretching from 1990 to 2019 and by 37 per cent over the 2010-19 decade. India’s military spending of $71 billion was 6.8 per cent higher over its 2018 expenditure. ISLAMABAD: India had the world’s third biggest military budget last year, behind the United States and China, the Stockholm International Peace Research Institute (Sipri) said in its annual report released on Monday.
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