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Global military spending rises 2.6% in 2020 despite pandemic hit


STOCKHOLM (Reuters) - Global military expenditure rose by 2.6% to $1.98 trillion last year even as some defence funds were reallocated to fight the COVID-19 pandemic, the Stockholm International Peace Research Institute said in a report issued on Monday.
The five biggest spenders in 2020, which together accounted for 62% of military spending worldwide, were the United States, China, India, Russia and Britain in that order.
We can say with some certainty that the pandemic did not have a significant impact on global military spending in 2020, SIPRI researcher Diego Lopes da Silva said in a statement.
As global GDP declined because of the pandemic, military spending as a share of GDP reached a global average of 2.4% in 2020, up from 2.2% in 2019. ....

United States , United Kingdom , South Korea , Johan Ahlander , Mark Heinrich , Stockholm International Peace Research Institute , Diego Lopes , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , தெற்கு கொரியா , குறி ஹென்ரிச் , ஸ்டாக்‌ஹோல்ம் சர்வதேச சமாதானம் ஆராய்ச்சி நிறுவனம் , டியாகோ லோப்ஸ் ,