TRENDS IN WORLD MILITARY EXPENDITURE, 2019

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• The global military expenditure rose to $1917 billion in 2019, an increase of 3.6% from 2018.
  
  
• In 2019, the top five largest spenders — U.S. ($732 bn), China ($261 billion), India ($71.1 billion), Russia ($65.1 bn) and Saudi Arabia ($61.9 bn) — accounted for 62% of the global expenditure.
  
  
• India and China emerged among the top three spenders. India was at the fourth position in 2018 with Saudi Arabia at the third.
  
  
• The $71.1 billion spent by India on defence in 2019 was 2.4% of its Gross Domestic Product (GDP). India’s expenditure in 2019 was 6.8% more than that in 2018.
  
  
• India’s military expenditure grew 259% over a 30-year period between 1990 and 2019 and by 37% over the decade of 2010–19. However, its military burden fell from 2.7% of GDP in 2010 to 2.4% in 2019.”