US, China and Russia Account for 56 Percent of World's Military Spending But How Much India Spends?

Global military spending reached a new high in 2022, with Europe seeing its sharpest increase in 30 years. India emerged as the 4th largest military spender, but still lags behind the US and China. Read on for analysis on rising military expenditure, its implications for the security environment, and trends in military spending by region and country.

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