It’s no surprise that the biggest five military spenders in 2017, were the United States, China, Saudi Arabia, Russia, and India — together accounting for 60 percent of total global defence spending, according to a global arms spending report by SIPRI. Across the globe, military spending was estimated at $1.73 trillion.
Dominated by the United State and China, which spent $610 billion and $228 billion last year respectively – the list of the biggest military spenders in the world has remained largely consistent in recent years. India’s defence spending rose by 5.5% to $63.9 billion in 2017 and has now passed France.
The Biggest Five: Here’s The Breakdown Of Which Country Spent The Most On Their Military, 2017?
1. United States: $610 billion
2. China: $228 billion
3. Saudi Arabia: $69 billion
4. Russia: $66 billion
5. India: $64 billion
6. France: $58 billion
7. UK: $47 billion
8. Japan: $45 billion
9. Germany: $44 billion
10. South Korea: $39 billion
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