India was world's 3rd-biggest military spender in 2020, behind US and China

The five biggest spenders in 2020 were the United States, China, India, Russia and the United Kingdom, which together accounted for 62 per cent of world military spending

India was the world’s third-biggest military spender in 2020, exceeded only by the US and China, reports the Stockholm International Peace Research Institute (SIPRI). 

“The five biggest spenders in 2020, which together accounted for 62 per cent of global military expenditure, were the United States, China, India, Russia and the United Kingdom.” stated the SIPRI annual report, which was released on Monday. 

The US spent $778 billion, more than thrice the next biggest spender China, which spent $252 billion. India’s expenditure of $72.9 billion was followed by Russia ($61.7 billion), the United Kingdom ($59.2 billion), Saudi Arabia ($57.5 billion), Germany (52.8 billion),