SIPRI Military Expenditure Database Report

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News:Stockholm International Peace Research Institute (SIPRI) has released the Military Expenditure Database report.

Facts:

  • Top five largest Military Spenders: United States, China, India, Russia and Saudi Arabia.

Additional Facts:

  • Top five arms importers during 2015-19: Saudi Arabia, India, Egypt, Australia and China.
  • Stockholm International Peace Research Institute(SIPRI):It is an independent international institute established in 1966 in Stockholm, Sweden.It is dedicated to research into conflict, armaments, arms control and disarmament.