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Title : Global military spending remains high at $1.7 trillion
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Global military spending remains high at $1.7 trillion

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According to a report published on 1st May by the SIPRI (Stockholm International Peace Research Institute), the total world military expenditure rose to $1,739 billion in 2017, a marginal increase of 1.1% in real terms from 2016.

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Arjun Mk. II display at DefExpo India 2018.  India spent $63.9 billion on its military in 2017, an increase of 5.5% compared with 2016 (Picture source: Army Recognition)

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