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5 May 2026 REPORTS

According to the Stockholm International Peace Research Institute (SIPRI) report titled “TRENDS IN WORLD MILITARY EXPENDITURE, 2025” (published as the “SIPRI Fact Sheet April 2026”), India is ranked 5th among the largest military spenders globally in 2025.

The defense expenditure of India reached $92.1 billion, which is an 8.9% increase compared to the preceding year. This expenditure accounts for 3.2% of the total global military spending.

The USA is ranked first with an expenditure of $954 billion, followed by China, Russia, and Germany.

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