India’s military expenditure rose by 6% in 2022.

As per the Stockholm International Peace Research Institute (SIPRI) report, the total global military expenditure in 2022 stood at $2,240 billion.

According to the SIPRI report, the top 5 military spenders account for 63% of global military expenditure. Here’s a look at the top 10 military spenders.

Military expenditure – $877 billion

United States

Military expenditure – $292 billion

China

Military expenditure – $86.4 billion

Russia

Military expenditure – $81.4 billion

India

Military expenditure – $75 billion

Saudi Arabia

Military expenditure – $68.5 billion

United Kingdom

Military expenditure – $55.8 billion

Germany

Military expenditure – $53.6 billion

France

Military expenditure – $46.4 billion

South Korea

Military expenditure – $46 billion

Japan