Breaking News
SIPRI says India to be 5th largest military spender with over $92 billion in 2025 India News

SIPRI says India is the 5th largest military spender with over $92 billion in 2025

New Delhi: India was the fifth-largest military spender globally in 2025 as the country increased its military spending by 8.9% to $92.1 billion in 2025, according to a report released on Monday by arms monitoring group SIPRI.According to the report, the India-Pakistan conflict in May 2025 – which involved the use of fighter aircraft, drones and missiles – increased India’s military spending during the year.According to SIPRI’s annual “Trends in World Military Expenditure” report, “Pakistan’s military expenditure increased by 11% to $11.9 billion in 2025. The increase was mainly due to new orders for aircraft and missiles placed with China in 2025 following the armed conflict with India in May, as well as payment for earlier procurement contracts nearing completion.”China, the world’s second largest military spender, increased its military expenditure by 7.4% to $336 billion. It was the 31st consecutive year-on-year increase as China continued its military modernization drive.“The renewed campaign against corruption in military procurement does not appear to prevent spending,” the report said.At $954 billion, military spending by the US was 7.5% lower in 2025 than in 2024. The decline was primarily because no new financial military aid was approved for Ukraine during the year. This was in sharp contrast to the previous three years, when a total of $127 billion was approved.The five largest spending countries in 2025 were the US, China, Russia, Germany and India, which together accounted for 58% of world military spending, totaling $1,686 billion.Global world military expenditure is set to reach $2,887 billion in 2025, an increase for the 11th consecutive year.

Source link

Leave a Reply

Your email address will not be published. Required fields are marked *