SIPRI Report 2025: USA Topped; India Becomes 5th-Largest Military Spender
In April 2026, the Stockholm International Peace Research Institute (SIPRI), an independent international think tank, released its latest “SIPRI Fact Sheet April 2026 titled “TRENDS IN WORLD MILITARY EXPENDITURE, 2025” stating that India became the 5th-largest military spender in the world in 2025, with defence expenditure reaching USD 92.1 billion, 8.9% increase from the previous year, accounting for 3.2% of global spending.
In April 2026, the Stockholm International Peace Research Institute (SIPRI), an independent international think tank, released its latest “SIPRI Fact Sheet April 2026 titled “TRENDS IN WORLD MILITARY EXPENDITURE, 2025” stating that India became the 5th-largest military spender in the world in 2025, with defence expenditure reaching USD 92.1 billion, 8.9% increase from the previous year, accounting for 3.2% of global spending.
- The United States of America (USA) topped the list with USD 954 billion, followed by China (USD 336 billion), Russia (USD 190 billion), and Germany (USD 114 billion).
About Global Military Spending 2025:
Global: World military expenditure reached USD 2,887 billion in 2025 marking the 11th consecutive year of growth with Europe as the main contributor due to the Russia–Ukraine war.
Regions: Europe’s spending rose 14% to USD 864 billion, Asia–Oceania increased 8.1% to USD 681 billion, and North Atlantic Treaty Organization (NATO) European members spent USD 559 billion with 22 of 29 meeting the 2% Gross Domestic Product (GDP) target.
Leaders: USA spent USD 954 billion (−7.5% year-on-year (YoY), declining share), China USD 336 billion (1.7% of GDP), Russia USD 190 billion (+5.9%), and Germany USD 114 billion (+24%).
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