Despite COVID-19 pandemic, global military spending rises 2.6% in 2020
Global military expenditure rose by 2.6% to $1.98 trillion last year even though some defence funds were reallocated for the fight against the COVID-19.
Apr 26, 2021, 16:05 PM ISTChina, India power rise in global military expenditure in 2017: Report
According to SIPRI - an independent body - China's tension with several of its neighbours is a major cause for increase in military expenditures.
May 02, 2018, 10:36 AM IST