India’s military expenditure in 2024 was $86.1 billion, ranking it 5th globally.
Growth: Increased by 1.6% compared to the previous year.
Comparison with Pakistan: India’s spending was nearly 9 times higher than Pakistan’s ($10.2 billion).
Context: Data released amid rising tensions between India and Pakistan after the Pahalgam attack.
Global Military Expenditure:
Top five spenders: United States, China, Russia, Germany, India.
These five nations accounted for 60% of the global military spending, totaling $1635 billion.
Source: Stockholm International Peace Research Institute (SIPRI).
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