Top 10 countries with highest Defence Budget in 2021. See China, India and Russia rankings

The Stockholm International Peace Research Institute (SIPRI) monitors the changing modalities of the defense from the military budget of the entire world, according to which in 2019 the whole world defense budget was $ 1917 billion. It is as important for every country to protect itself as to provide other basic facilities to its population. Every country in the world does its security both internally and externally.

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The Army, Navy and Air Force are deployed for border security, while the police is deployed for internal security. There is a cost to security and countries have to spend billions of rupees for defense. For this, every country sets its own defense budget.

The Stockholm International Peace Research Institute (SIPRI) monitors the changing modalities of the defense from the military budget of the entire world, according to which in 2019 the whole world defense budget was $ 1917 billion. This was 3.6 percent more than the previous year. India is among the top 5 countries in the world in terms of defense budget. According to the list of SIPRI, the top 5 countries spend more money on their defense budget, it is about 62 percent of the world’s military budget. In such a situation, let’s know which country spends so much on defense budget.

1. America

America

America ranks first in terms of defense budget. He spent $ 732 billion on the defense budget in 2020. The US spends 3.4 percent of its GDP on defense. America is also the largest producer of weapons in the world. Weapons have a major share in its economy.

2. China

China

The second largest country is China, whose defense budget was 261 billion dollars. China spent 1.9 percent of its GDP on its security. China has started an arms race due to increasing competition with India.

3. India

india

India ranks third in terms of defense budget. Its defense budget stood at $ 71.1 billion. India spends 2.4 per cent of its GDP on defense to deal with Pakistan and China. India has to protect both its eastern and western borders.

4. Russia

Russia

Russia ranks fourth in terms of defense budget, spending $ 65.1 billion. Russia’s defense budget was 3.9 percent of its GDP. Russia spends more on its defense budget due to tension with the US.

5. Saudi Arabia

Saudi Arabia

It spent 8 percent of its GDP on the defense budget. Saudi Arabia’s defense budget stood at $ 61.9 billion and was ranked fifth. Among the top 10 countries in the world, Saudi Arabia is the only country which spends the most part of its GDP on defense budget.

6. France

France

European country France is a permanent member of the United Nations Security Council and its defense budget is 50.1 billion dollars. It spent 1.9 per cent of its GDP on defense. France finished sixth in terms of defense budget.

7. Germany

Germany

Another European country Germany finished seventh in terms of defense budget. Germany’s defense budget stood at $ 49.3 billion. It spent 1.3 percent of its GDP on defense budget.

8. Britain

Britain

It spent $ 48.7 billion on its defense budget. Britain spent 1.7 per cent of its GDP as a defense budget. In this way Britain finished eighth in terms of defense budget.

9. Japan

Japan

Asian country Japan ranked ninth in terms of defense budget and its defense budget stood at $ 47.6 billion. The defense budget accounted for 0.9 percent of GDP.

10. South Korea

South Korea

South Korea has to spend more money on its defense budget due to tensions with North Korea. In the case of defense budget, it stood at 10th position. Its defense budget was $ 43.9 billion and it spent 2.7 percent of its GDP on defense budget.

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