Ukraine War SIPRI: Ukraine war and China’s threat, military expenditure at the highest peak ever in the world, where does India stand? – russia ukraine war and china threaten india world military spending reaches all time high says sipri report

Finland increased military spending by 36 percent

Russia had occupied Ukraine’s Crimea in 2014 and attacked Ukraine in February 2022. This war is still going on. Due to this move of Russia, its neighboring countries or the countries that were part of the Soviet Union have come under tension. Finland has increased its military expenditure by 36 percent. At the same time, Lithuania has increased its military expenditure by 27 percent. In the month of April this year, Finland became the 31st member country of NATO, which shares a 1,340 km border with Russia.

Which country in the world spent how much

Sweden kept distance from any military alliance for almost 200 years but now it wants to join NATO. SIPRI researchers said that the expenditure on Ukraine war may have increased but it started from the year 2014 itself. After Russia’s invasion of Crimea, many countries of Eastern Bloc of Europe have doubled their military expenditure. At the same time, the expenditure on military in Ukraine has increased 6 times to reach $44 billion. This is 34 percent of the total GDP of Ukraine.
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India and Japan stand against China

America is still the largest military spender in the world. America’s defense budget in the year 2022 was $ 877 billion, which is 39 percent of the total military expenditure in the world. America has given military assistance of about $ 20 billion to Ukraine in the year 2022. China is the second highest spending country. China’s military budget was $ 292 billion, which was 4.2 percent more than the year 2021.

China has increased its military budget for the 28th consecutive year. India’s defense budget, facing the hegemony of China, has now reached $81.4 billion, which is 5.9 percent more than last year. At the same time, Japan has also increased its defense budget to $ 46 billion to deal with China and North Korea. This is Japan’s largest defense budget since the 1960s. In terms of defense expenditure, Saudi Arabia is at number five, which is about $ 75 billion.