It was released by the Stockholm International Peace Research Institute (SIPRI), an independent international institute dedicated to research on conflict, armaments, arms control, and disarmament.
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- The report was published on April 28, 2025.
- Global Military Spending: Reached a record USD 2.7 trillion in 2024, marking a 9.4% increase from 2023. This is the steepest year-on-year rise since the end of the Cold War.
- Top Military Spenders: The United States, China, Russia, Germany, and India accounted for 60% of the global total, with combined spending of USD 1,635 billion.
- India's Contribution: India, the fifth-largest military spender, invested USD 86.1 billion, reflecting a 1.6% increase from the previous year.
- Regional Trends: Military spending surged in Europe and the Middle East due to ongoing conflicts like the Russia-Ukraine war and the Israel-Palestine conflict.
Question:
Q.1 Which country was the fifth-largest military spender in 2024?a) Japan
b) France
c) India
d) United Kingdom
Answer: c) The top five military spenders in 2024 were the United States, China, Russia, Germany, and India. India ranked fifth with USD 86.1 billion in military expenditure.